PYMNTS

FEBRUARY 18, 2020

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers fears of a recession. Also, HSBC cuts 35,000 jobs and $100 billion in assets in a streamlining and restructuring effort. Japanese Sales Tax Triggers 6 Pct Economic Contraction.

Economics 52

Economics Sales Restructuring Investments 52

PYMNTS

MAY 8, 2020

“As the number of retail bankruptcies start to pile up from companies whose final destruction was caused by the coronavirus pandemic, we are about to see a massive round of close-out, going-out-of-business, liquidation sales,” says Forbes. It’s likely to be the largest such wave in modern retail history.”. That has been ongoing for years.”.

Mergers and Acquisitions (M&A) 63

Mergers and Acquisitions (M&A) Sales Restructuring Entertainment 63

CFO News Room

DECEMBER 9, 2022

related investing news. These debtholders are joining together amid reports earlier this week that the company is looking to restructure its debt, the paper said. It also reported better-than-expected billings, subscription renewals and additional sales to existing customers. Costco — The wholesaler gained 1.6%

Restructuring 130

Restructuring Forecasting Economics Retail 130

CFO News Room

DECEMBER 15, 2022

Novavax — Shares of the drugmaker plummeted more than 27% after it proposed a sale of up to $125 million in common stock and a $125 million convertible debt offering. Discovery’s stock shed more than 7% after increasing its restructuring cost estimates by $1 billion. Warner Bros. Discovery – Warner Bros.

Entertainment 130

Entertainment Advertising Restructuring Communication 130

CFO Share

APRIL 25, 2024

Working tirelessly to break through the morass, founders often focus too much on sales and operations while under leveraging the skills of a CFO. Instead of saying “we’re running out of cash, we need more sales,” a good turnaround CFO would say “we’re running out of cash, but I think we could afford to drop prices 20% to boost sales.

CFO 52

CFO Forecasting Restructuring Prioritization 52

CFO Share

APRIL 25, 2024

Working tirelessly to break through the morass, founders often focus too much on sales and operations while under leveraging the skills of a CFO. Instead of saying “we’re running out of cash, we need more sales,” a good turnaround CFO would say “we’re running out of cash, but I think we could afford to drop prices 20% to boost sales.

CFO 52

CFO Forecasting Restructuring Prioritization 52

CFO Share

APRIL 25, 2024

Working tirelessly to break through the morass, founders often focus too much on sales and operations while under leveraging the skills of a CFO. Instead of saying “we’re running out of cash, we need more sales,” a good turnaround CFO would say “we’re running out of cash, but I think we could afford to drop prices 20% to boost sales.

CFO 52

CFO Forecasting Restructuring Prioritization 52

Future CFO

AUGUST 11, 2021

FMCG (fast moving consumer goods) sales growth in China remains subdued though regaining traction, said Bain & Company recently when releasing its 10th annual China Shopper Report Vol I, done in collaboration with Kantar Worldpanel. COVID-19 will have lasting implications.

Sales 40

Sales Restructuring Retail Marketing 40

PYMNTS

AUGUST 13, 2020

The Company has determined that the best strategy to maximize value will be a liquidation of its assets pursuant to an organized going out of business sale.”. The company said it is looking into “any and all strategic alternatives,” such as a possible sale of its online shopping operation and the intellectual property related to it.

Retail 58

Retail Restructuring Sales Securities 58

PYMNTS

JANUARY 9, 2018

Target is reporting strong in-store and online holiday sales, according to The Wall Street Journal. Same-store sales for locations that had been in operation for at least a year saw a 3.4 Other large retailers experienced similar positive sales growth this holiday season, including Costco Wholesale Corp., per share.

Sales 43

Sales Restructuring Retail Startups 43

PYMNTS

JULY 16, 2018

PayPal Leads Investment In PPRO. Through this investment, PayPal said PPRO plans to accelerate the expansion of its payments platform and the international presence of its alternative payments-acquiring business. Bloomberg reported that Apple is restructuring its team of sales people in India.

Investments 40

Investments Restructuring eCommerce Banking 40

PYMNTS

AUGUST 1, 2018

Stories include Southeast Asia ride-hailing service Grab on the verge of a huge investment, Huawei knocking off Apple in smartphones, Royal Bank of Scotland getting a reprieve, Shopify shares falling amid a slowdown and solid private sector jobs growth in July. 2 Position In Global Smartphone Sales. Huawei Knocks Apple Out Of No.

Investments 40

Investments Restructuring eCommerce Sales 40

PYMNTS

SEPTEMBER 9, 2020

9) that Q2 digital demand, which is tracked by ordered sales, surged 48 percent. American Eagle Outfitters concluded Q2 with $899 million in cash and short-term investments, marking a rise from $317 million in 2019, after generating $173 million in operating cash flow in Q2. American Eagle Outfitters, Inc. reported on Wednesday (Sept.

Restructuring 52

Restructuring Sales Retail Investments 52

PYMNTS

JUNE 5, 2020

The retailer, which employs 85,000 people, filed for Chapter 11 bankruptcy protection last month after the coronavirus forced it to shut its more than 800 stores, which followed years of weak sales. Sycamore is considering acquiring the entire company or making an investment in JCPenney, the news service reported.

Restructuring 54

Restructuring Retail Sales Planning 54

CFO Share

MARCH 10, 2023

What will happen to SVB in receivership Receivership is an orderly restructuring or liquidation of a company – in the case of SVB, the FDIC. For example, a venture capital group who held all their cash at SVB would not be able to re-invest in their portfolio companies during the receivership.

Restructuring 40

Restructuring Forecasting Communication Banking 40

Barry Ritholtz

JULY 19, 2023

New York Times ) see also Powell Will Find Much to Love in Retail Sales Letdown : The latest report landed with a mixed reception. The Guardian ) • Vivek Ramaswamy’s investment firm dials back anti-woke rhetoric. The Guardian ) • Vivek Ramaswamy’s investment firm dials back anti-woke rhetoric.

Profit and Loss 52

Profit and Loss Advertising Restructuring Investments 52

The Finance Weekly

JANUARY 12, 2023

He reported that 96 percent of the company's annual contract value (ACV) was being delivered by just 50 percent of sales account executives. "We HP- Hewlett-Packard announced that it plans to cut between 4,000 to 6,000 roles over the next three years in response to poor PC sales that have declined since the sharp rise during the pandemic.

Economics 105

Economics Restructuring Manufacturing Startups 105

PYMNTS

AUGUST 4, 2017

While the firm said it is closing one of its companies “as part of a planned restructure,” and assured that customers wouldn’t be affected, the news did raise concerns over its financial health. PYMNTS breaks down the major AltFin investment rounds below, plus covers the other B2B FinTechs that were able to secure new funding.

Investments 43

Investments B2B Finance Restructuring 43

Spreadym

SEPTEMBER 12, 2023

Create a Revenue Forecast: Estimate your expected income sources, including salaries, sales revenue, investment income, grants, or any other sources of revenue. Account for Savings and Investments: Allocate a portion of your income for savings, investments, or emergency funds.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

PYMNTS

NOVEMBER 6, 2019

FIS Sees Strong Merchant Sales, Jump in Cross-Selling Activity in Q3. The $10-plus billion WeWork bailout — an investment that CEO Masayoshi Son called an error in judgment — triggered a loss of $8.9 Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. billion at SoftBank’s Vision Fund as well as a smaller fund.

Profit and Loss 40

Profit and Loss Sales Restructuring Compliance 40

PYMNTS

MARCH 12, 2020

Modell plans to continue discussions from here on out about possibilities for recapitalization of sales through asset sales or an equity investment. Modell’s has had a rough go of things since 2019, when the company hired restructuring officers to help it compete with rivals at larger retailers like Walmart and Amazon.

Restructuring 57

Restructuring Retail Sales Finance 57

PYMNTS

JUNE 1, 2020

With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. The home décor and accessories retailer intends to finish its liquidation sales by the conclusion of October, according to a press release. The decision followed falling sales and more losses over time.

Restructuring 52

Restructuring CFO Retail Sales 52

VCFO

JULY 12, 2022

These KPIs could include elements such as profitability, efficiency, inventory turnover, AR turnover, sales per employee, and more. These measures should also be compared against others that operate in your same industry and sales class and/or specific industry subsets (e.g., Review Processes and Technology Investments.

Benchmarking 81

Benchmarking Restructuring Economics Technology 81

PYMNTS

FEBRUARY 21, 2020

The company wants to keep restructuring efforts out of court but could end up filing for bankruptcy with a prenegotiated plan in place. Same-store sales fell by 2 percent during the pizza chain’s fourth quarter. The news, reported by Bloomberg on Wednesday (Feb. In lieu of that, the franchisee has begun negotiations with lenders.

Restructuring 120

Restructuring Planning Sales Investments 120

Future CFO

SEPTEMBER 20, 2021

of Hong Kong businesses polled in the Q3 survey expected an increase in their Christmas sales this year, compared with 38.7% The index indicates an optimistic or pessimistic outlook, with 50 as the dividing line, the organisation said. Survey highlights. Only 20.2% who anticipated no change and 41.1% percentage points].

Transportation 52

Transportation Restructuring Sales Investments 52

PYMNTS

JANUARY 16, 2019

Citing sources familiar with the matter, Reuters reported that a sale or restructuring are two of the options being considered. Payless has hired investment bank PJ SOLOMON to help determine its best course of action. The company is also thinking about closing at least one-third of its approximately 3,000 stores.

Restructuring 51

Restructuring Retail Investments Banking 51

PYMNTS

MARCH 17, 2020

The company’s CEO, Alex Baldock, said that the about 300 large locations are “doing well, with footfall steady, and that is why we are placing a big bet on these stores and investing millions of pounds in them.”. Foot traffic in smaller stores, however, was down 16 percent and not making money.

Profit and Loss 52

Profit and Loss Restructuring Sales Investments 52

CFO News Room

NOVEMBER 8, 2022

So, now, help us understand how this evolved and where the challenges had come as this was evolving that got you to the point that you had to do some restructuring to make it this. They were more on the relationship side, client-facing, whereas I was getting my CFA charter and was more on the investment side. Cean: Yeah.

Restructuring 130

Restructuring Planning Accounting Marketing 130

PYMNTS

JUNE 26, 2020

Despite scale and geographical coverage, its sales growth has lagged. That was well before pandemic-related mayhem disrupted, then fundamentally restructured, the grocery sector to favor well-heeled operators like Amazon and Walmart. An attempt to merge with the Rite Aid Corp. in 2018 got the cold shoulder primarily for this reason.

Restructuring 89

Restructuring Sales Planning Numbers 89

PYMNTS

MAY 21, 2020

For its part, Zomato recently landed $5 million in new investment. could see a permanent market restructuring that has $158 billion in brick-and-mortar sales moving to online shopping. Also, Zomato, bought Uber’s food delivery business earlier this year. PYMNTS surveyed 2,047 U.S. The report concluded the U.S.

Marketing 57

Marketing Restructuring Startups Retail 57

PYMNTS

JULY 26, 2018

To mitigate these costs and meet the growing customer demand for newer, faster payment options, global travel companies are gearing up to undergo a fundamental restructuring of their payment systems and begin their innovation endeavors. That’s as cheap as it gets, too, because switching to in-house payment systems can cost them even more.

Restructuring 40

Restructuring Sales Investments Planning 40

PYMNTS

SEPTEMBER 24, 2020

Pricing also depends on more intangible factors such as sales, operations and marketing. Online sales platforms lack dependencies for consumers, and that’s become crystal-clear this week. In this moment, the pandemic has allowed us to accelerate where and how we will invest. Pricing depends on supply and demand.

Restructuring 64

Restructuring Retail eCommerce Communication 64

PYMNTS

MAY 19, 2020

While businesses nationwide have seen their doors close and revenues drop to near zero, Walmart reported that its sales surged as consumers flocked to its stores and website to stock up for an extended period of social distancing. Areas where the company showed strength and invested the most energy to change offer clue as to how U.S.

Retail 88

Retail Restructuring CFO eCommerce 88

Future CFO

JUNE 4, 2020

Sellers are also looking to fund new technology investments as they re-imagine their business models and prepare for ‘the new normal.”. EY pointed out that 67% of Asia-Pacific respondents in its most recent EY Global Capital Confidence Barometer say they have already taken active steps to restructure their supply chains.

Restructuring 52

Restructuring Investments Communication Planning 52

PYMNTS

JANUARY 22, 2018

According to Reuters , other private equity firms interested in possibly investing include GP Investments Ltd and ACON Investments LLC. In August, the company announced that it was investing about $316 million in its Brazilian Walmart locations over the next two years to remodel 120 of its stores in the country.

Profit and Loss 43

Profit and Loss Restructuring Investments Sales 43

PYMNTS

MARCH 14, 2016

That unit, said the newswire, has been restructured as of January of this year in the wake of the retirement of the former president, Arvind Sodhani, and the reconfiguration has been focused on bringing investment decisions to be more unified across the firm, the company said.

Restructuring 40

Restructuring Investments Sales Securities 40

PYMNTS

JANUARY 17, 2020

As part of the deal Ant Financial is investing $125 million. Holiday (and Post-Holiday) Shopping: Throughout the month of December helped push retail sales up more than 5.8 Retail sales were up 3.6 Target: Same-store sales growth in the latest quarter comes in at 1.4 We’re only two weeks in, but off to the races.

SAP 53

SAP Restructuring Forecasting Sales 53