Anaplan

JANUARY 19, 2021

On the heels of a year, and a holiday shopping season, like no other, all of us – retailers, suppliers, employees and consumers – are eager to turn the page. The big question on everyone’s minds is this: When can we “go back to normal?” But perhaps there is no “going back,” at least not […].

Retail 59

Retail Planning Forecasting 59

Jedox Finance

JANUARY 13, 2023

Why is it so difficult to build an operational plan that not only keeps pace with changing priorities but also adds meaningful business value? The answer is simple: most organizations use financial planning solutions that lack the adaptability, integration, and simplicity that high-performing teams need to collaborate effectively.

Planning 52

Planning Prioritization Forecasting Budgeting 52

CFO Selections

MAY 12, 2023

There is a misconception that business services companies do not need to prioritize cash flow management in the same way that retail businesses do because they do not have the same kind of inventory demands. However, cash flow planning is just as important for service providers as it is for retailers because cash is the lifeblood of both!

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting Prioritization Retail 52

PYMNTS

DECEMBER 4, 2020

Discount retailer Big Lots reported a third-quarter profit of $29.9 billion in revenue, surpassing Wall Street’s forecasts. The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. million on $1.38 The average revenue estimate of six analysts surveyed by Zacks Investment Research was $1.38

Forecasting 56

Forecasting eCommerce Retail Sales 56

PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

Retail 86

Retail eCommerce Forecasting Technology 86

CFO News Room

NOVEMBER 5, 2022

in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. in premarket action after a weaker-than-expected sales forecast. in premarket trading, even as it reported a wider-than-expected loss and revenue that fell short of analyst forecasts. Warner Bros.

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

PYMNTS

JUNE 8, 2020

With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. Most of the roughly 2,800 retail locations of Ascena are still shuttered. The retailer foresees closing approximately 230 of 687 stores.

Retail 71

Retail Forecasting Finance Planning 71

PYMNTS

JULY 20, 2020

The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has retailers that usually cash in every late summer biting their financial nails. Deloitte predicted roughly flat year-over-year U.S. back-to-school spending of $28.1

Retail 52

Retail Advertising Forecasting Planning 52

CFO News Room

DECEMBER 26, 2022

Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% versus FactSet’s consensus forecast of a 16.9% in premarket trading after the chip maker reported a wider-than-expected quarterly loss and revenue that fell short of Wall Street forecasts.

Profit and Loss 130

Profit and Loss Forecasting Startups Technology 130

PYMNTS

JULY 23, 2020

Ascena Retail Group, Inc. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement. The company has also secured commitments for $150 million in a “new money term loan” from current lenders.

Planning 56

Planning Restructuring Forecasting Retail 56

CFO Simplified

FEBRUARY 17, 2022

Business – E-commerce computer retailer. Develop a cash-flow forecast so that the company could understand cash availability and plan on payments to their vendors and the primary lender. As with many internet retailers, the company had its share of returns. Bringing Value through CFO Insights. Ownership – Two partners.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

PYMNTS

MARCH 1, 2019

looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 He added that Old Navy is one of the quickest-growing apparel retailers in the U.S.,

Retail 46

Retail Planning Restructuring Forecasting 46

CFO News Room

NOVEMBER 4, 2022

Twilio — Twilio’s stock plunged nearly 36%, a day after the company issued a weaker-than-expected sales forecast. Analysts polled by Refinitiv were forecasting earnings of 23 cents per share on revenue of $4.49 Bloomberg also reported the company plans to slash jobs in its film unit. Net sales rose 3.35 Warner Bros.

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

PYMNTS

SEPTEMBER 13, 2019

Voice recognition could soon play a bigger role in retail — especially in the world of quick service restaurants. Within McDonald’s restaurants, the technology is forecast to enable simpler, faster and more accurate order-taking at the drive-thru with the possibility of becoming a part of mobile ordering and kiosks. Other Moves.

Retail 99

Retail Forecasting Technology Planning 99

PYMNTS

MARCH 30, 2020

retail picture is bleak in this time of COVID-19. The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009.

Retail 56

Retail eCommerce Budgeting Sales 56

CFO News Room

FEBRUARY 5, 2022

Higher government borrowing, no clarity on taxation for listing of India in the global bond index and no announcement on retail participation in debt funds put pressure on yields,” said Marzban Irani, CIO — fixed income, LIC Mutual Fund. The government will borrow Rs 14.95 lakh crore from the market, while net borrowing will be at Rs 11.2

Budgeting 130

Budgeting Marketing Benchmarking Planning 130

PYMNTS

SEPTEMBER 25, 2017

According the National Retail Federation (NRF), Halloween this year will see record-breaking shopping numbers. The NRF is forecasting the whole shebang will cost approximately $9.1 The NRF is forecasting the whole shebang will cost approximately $9.1 billion, up 8.3 percent from last year’s previous record of $8.4 billion, up 8.3

Forecasting 52

Forecasting Retail Planning Numbers 52

PYMNTS

MAY 12, 2020

As they gear up to restart their economies amid the pandemic, states from New York to Massachusetts are planning phased reopenings. That stage encompasses retail for curbside pickup and drop-off or in-store pickup; construction; wholesale supply chain as well as manufacturing; and agriculture, fishing and forestry. Brain Corp.,

Planning 67

Planning Manufacturing Construction Entertainment 67

CFO News Room

NOVEMBER 18, 2022

The company was also named by Credit Suisse as its top pick in the off-price retail sector. The retail earnings meltdown may be suspended for the holidays. Foot Locker — Shares jumped 7% after Foot Locker reported surpassed expectations in its latest quarterly report and raised its full-year forecast. related investing news.

Forecasting 130

Forecasting Retail Investments Planning 130

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 81

Retail eCommerce Forecasting Technology 81

PYMNTS

APRIL 10, 2019

From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers. While the pharmacy retailer had slowly brought the functionality to its brick-and-mortar stores, the rollout was subsequently publicized.

Retail 103

Retail Sales Forecasting Securities 103

PYMNTS

NOVEMBER 15, 2018

Basket sizes were also reported as gaining in size, though currency headwinds took their toll in light of recent overseas investments by the retail giant, meaning revenue came in south of analyst estimates. “We We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,”

Forecasting 46

Forecasting Currencies Economics eCommerce 46

CFO News Room

DECEMBER 7, 2022

State Street — Shares of the asset manager jumped more than 8% after the company announced a new buyback plan. Stitch Fix also trimmed its full-year forecast. Campbell Soup — Shares rose more than 5% after Campbell Soup topped forecasts on the top and bottom lines in its latest earnings report.

Entertainment 130

Entertainment Forecasting Sales Marketing 130

PYMNTS

NOVEMBER 24, 2017

With the holiday shopping season in full swing, retailers are facing a new challenge: extra shipping fees during the busiest weeks. The surcharge has prompted eCommerce retailers to consider other delivery options, such as FedEx or the U.S. It has, however, already set plans to raise those fees during next year’s holiday season.

Retail 86

Retail Forecasting eCommerce Planning 86

CFO News Room

NOVEMBER 14, 2022

following a report that it plans to lay off about 10,000 employees as soon as this week. The cuts would be the largest in the company’s history, and would primarily affect Amazon’s devices organization, retail division and human resources, according to The New York Times. dollar for the weakness in its performance.

Forecasting 130

Forecasting Retail Planning Banking 130

PYMNTS

JANUARY 10, 2020

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. Luckin is hardly the only retailer tapping into the potential of vending machines. states and 24 countries.

Retail 52

Retail Sales eCommerce Forecasting 52

PYMNTS

SEPTEMBER 22, 2020

PNC Bank plans to reduce the count of its branch offices through next year, Fox Business reported. The bank indicated the decision would save a forecast $4.3 In the U.S., William Demchak , the chairman and CEO of PNC, said per the report that the institution is set to shutter 280 offices by next year.

Banking 84

Banking Planning Restructuring Forecasting 84

PYMNTS

NOVEMBER 25, 2020

percent said they planned to spend more. Seven percent said they planned to avoid holiday shopping altogether. ICSC’s research reveals a swell of interest in omnichannel formats, a sign that retailers capable of meeting demand both online and in-person will be best positioned for success in this unprecedented holiday season.

Retail 70

Retail Forecasting eCommerce Planning 70

PYMNTS

JULY 9, 2019

Retailers surely have more than enough to worry about these days. For one, the pace of innovation keeps speeding up – and that holds true for all types of retail niches, from apparel to grocery to others. The emerging 5G technology has tremendous retail potential.

Retail 77

Retail Technology Forecasting Leverage 77

PYMNTS

JULY 6, 2020

The death knell for malls tolled loudly in the media during the Fourth of July weekend as retailers continue to assess their long-term prognosis from the pandemic damage. But the focus of developing the mall has fallen to housing as anchor tenants, not retail. Stores will still take up 90,000 square feet of Avalon.

Planning 53

Planning Retail Forecasting Technology 53

PYMNTS

APRIL 17, 2020

Although the tech company no longer discloses unit sales for its smartphone lines, Apple is forecasted to sell 28 million iPhones for the quarter concluding in June, per seven analysts in a poll by Bloomberg. Cook noted that testing for the coronavirus was a possibility, but that plans are not currently in place.

Sales 60

Sales Planning Forecasting Retail 60

PYMNTS

NOVEMBER 16, 2020

The new combined bank will be the fifth-largest retail bank in the country. US Economic Forecasts Grim Amid Escalating COVID-19. DoorDash IPO Filing Shows Expansion Plans Beyond Food. The second-biggest banking deal in the U.S. since the Great Recession is moving forward for $11.6 billion, following weeks of talks.

Economics 57

Economics Forecasting Education Accounting 57

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

MAY 24, 2018

Ralph Lauren earnings report showed its North America revenue in the fourth quarter decreased 14 percent as the retailer continues to struggle in the region. However, the company topped analysts’ profit and sales forecasts for at least its eighth consecutive quarter. percent drop anticipated by analysts.

Forecasting 40

Forecasting Sales Strategic Planning Planning 40

PYMNTS

JANUARY 9, 2019

As JCPenney continues to look into its performance, the retailer said on Tuesday (Jan. With the news, the company said it plans to “generate positive free cash flow in fiscal 2018, reduce inventory in excess of $225 million or 8% and expects to end the year with liquidity in excess of $2 billion.”. In addition, sales fell 5.4

Profit and Loss 40

Profit and Loss Planning Forecasting Sales 40

Barry Ritholtz

FEBRUARY 15, 2023

My mid-week morning train WFH reads: • All Markets Are Uncertain : The Forecasters’ Hall of Fame Has Zero Members: In any given year, someone, simply due volume of forecasts, is “right”. I have yet to see anyone who can repeatedly, accurately forecast market outcomes. Investors Need a Long-Term Plan.

Forecasting 108

Forecasting Advertising Investments Startups 108

PYMNTS

JANUARY 21, 2020

As it moves into the business of cannabis retail and hangs out its shingle in the industry, High Times is opening its own brick-and-mortar stores this year. announced it would be bringing a flagship retail store to Los Angeles and Las Vegas. Hightimes Holding Corp. Simon continued, “It is time for us to start participating.”.

Planning 52

Planning Forecasting Finance Retail 52