PYMNTS

MARCH 6, 2020

Walmart’s results show it’s a food fight out there, with Amazon re-accelerating holiday sales growth,” Evercore Analyst Greg Melich said on Feb. Walmart is apparently working hard at restructuring itself to win, particularly in regards to how it manages it growing its eCommerce business — operationally and logistically.

Numbers 77

Numbers eCommerce Healthcare Sales 77

PYMNTS

JUNE 4, 2019

That could result in lost sales. Collison said the rules will require every European merchant to restructure their checkout process. “It’s Industry executives are worried not many consumers have installed their bank’s app or offered up their mobile phone numbers to authenticate a purchase.

Sales 66

Sales Restructuring eCommerce Economics 66

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. Even before the effects of the COVID crisis, those companies have struggled to meet their numbers.

Mergers and Acquisitions (M&A) 63

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

PYMNTS

AUGUST 2, 2017

The earnings numbers are in for Under Armour, and it’s not exactly what the sports apparel retailer was hoping for. Following this restructuring plan, Under Armour is also reworking its sales forecast outlook for the remainder of 2017.

Sales 40

Sales Restructuring Planning Forecasting 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

DECEMBER 19, 2017

storefronts following weaker-than-expected holiday sales , Bloomberg reported Monday (Dec. Store sales for the Wayne, New Jersey-based firm have declined 15 percent this holiday shopping season compared to last, and the number of brick-and-mortar toy stores shuttering after the holidays could reach as high as 200.

Sales 43

Sales Restructuring Retail eCommerce 43

PYMNTS

JULY 31, 2020

It has suffered from weak sales and has also been hurt by debt. ABG has emerged as a major player in retail mergers and acquisitions as the COVID-19 crisis hurts brick-and-mortar stores while fueling online sales. Under a restructuring, the conglomerate would close its Canada, Puerto Rico and Mexico stores and its Catherines shops.

Restructuring 58

Restructuring Retail Sales Numbers 58

PYMNTS

MAY 31, 2017

million fake accounts in customers’ names to meet aggressive sales goals. The memo also revealed that the bank had reduced its number of western U.S. Wells Fargo is re-shuffling the deck after a huge scandal last year left the bank playing 52-card pickup. sub-regions from eight to five.

Restructuring 40

Restructuring Leadership Banking Retail 40

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 They raised the number from 10,000 that was announced first in November. billion by the end of fiscal 2025, and restructuring and other charges of approximately $1.0 billion.”.

Economics 105

Economics Restructuring Manufacturing Startups 105

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

JANUARY 23, 2020

million for his role in a scandal at Wells Fargo involving millions of fake accounts created to meet the bank’s sales quotas. The Office of the Comptroller of the Currency (OCC) said that there will also be a number of other individuals selected for punishment involving the fake accounts scandal, including other executives at the bank.

Banking 74

Banking Restructuring Currencies Sales 74

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 $10 billion event-driven is a deep value-focused investor specializing in companies that need financial and operational restructuring. It roared back — and now its fate is in his hands. (

Profit and Loss 52

Profit and Loss Advertising Restructuring Investments 52

CFO News Room

NOVEMBER 8, 2022

The plan update process for you, it’s not just that the numbers move because a year has gone by and the markets did what they did and you saved what you saved, you withdrew whatever you were going to withdraw. And so, that can move the numbers, as well. And so, that can move the numbers, as well. Cean: We actually use J.P.

Restructuring 130

Restructuring Planning Accounting Marketing 130

PYMNTS

JANUARY 23, 2020

million for his role in a scandal at Wells Fargo involving millions of fake accounts created to meet the bank’s sales quotas. The Office of the Comptroller of the Currency (OCC) said that there will also be a number of other individuals selected for punishment involving the fake accounts scandal, including other executives at the bank.

Banking 54

Banking Restructuring Currencies Accounting 54

PYMNTS

AUGUST 6, 2019

Barneys, which has 13 department stores and nine warehouse stores, will have to immediately shut down most of its locations and look for a buyer for seven core stores, according to the restructuring plan. Barneys , with roughly $850 million in annual sales, also extended the term of its credit line by $50 million in April.

Restructuring 49

Restructuring Construction Finance Retail 49

PYMNTS

SEPTEMBER 20, 2017

Same-store sales — the Street’s favorite metric for physical retail — were down 2.6 percent, according to the most recent numbers, and analysts were only anticipating a 0.7 While digital channel sales were up more than 20 percent, it was not sufficient to overcome the same-store sale plummet. percent decline.

Restructuring 40

Restructuring Accounting Standards Sales Retail 40

PYMNTS

SEPTEMBER 28, 2020

The muted outlook for the future comes against a backdrop, where businesses — large and small, across any number of verticals — are navigating unprecedented impact on cash flow. That’s a shift from traditional travel and entertainment (T&E), where people went to conferences or made sales calls. FinTechs To The Rescue?

Accounts Payable 116

Accounts Payable Restructuring Entertainment Economics 116

PYMNTS

MAY 27, 2020

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. Chief Restructuring Officer Steven Fleming said in a sworn declaration in the U.S.

Restructuring 52

Restructuring Sales Numbers Retail 52

Future CFO

JULY 9, 2023

Despite dwindling deal numbers, lucrative M&A opportunities continue to be available for those with the appetite and eye for lower valuations. According to EY , there has been a substantial increase over the last four years in the number of billion-dollar-plus deals that have transformation as a key driver.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Restructuring Leverage Valuation 52

PYMNTS

SEPTEMBER 24, 2020

Pricing also depends on more intangible factors such as sales, operations and marketing. We’ve seen Walmart throw down the gauntlet on eCommerce, going public with its plans to hire Amazon-like numbers for its fulfillment centers. Online sales platforms lack dependencies for consumers, and that’s become crystal-clear this week.

Restructuring 64

Restructuring Retail eCommerce Communication 64

PYMNTS

OCTOBER 14, 2020

Usually hosted in early July, Prime Day was conceived to give consumers a reason to go shopping during the dog days of summer when retail sales generally hit their lowest point of the year. Last year, Amazon reported its best overall sales day ever with $6.93 billion in sales generated globally and $4.32 The Prime Day Push .

Forecasting 72

Forecasting Restructuring Sales eCommerce 72

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. Same-store sales expanded 10 percent year on year, well ahead of both the 7.2 percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

FEBRUARY 25, 2020

25) with an unexpected beat on earnings, gaining a boost from late holiday season sales strength. By the numbers, it does look like Macy’s , for everything that didn’t go right in 2019, did manage to stick the landing pretty solidly. As it turned out, last-minute shoppers brought the Christmas miracle Macy’s needed.

Forecasting 52

Forecasting Restructuring Sales Advertising 52

PYMNTS

JANUARY 24, 2020

McDonald’s has halted operations in a number of cities amid the outbreak. As of this year, Chinese consumers account for about a third of luxury goods sales. WeWork’s fire sale: As lease volumes are drying up, WeWork has started to sell off stakes in its side ventures to help boost results.

Economics 52

Economics Transportation Restructuring Currencies 52

PYMNTS

AUGUST 16, 2018

The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. The headline number was the highly watched same-store sales figure.

Profit and Loss 40

Profit and Loss Restructuring Forecasting eCommerce 40

CFO Talks

FEBRUARY 18, 2024

Long-term measures could involve implementing process improvements, adopting new technologies, or restructuring the organisation to optimise efficiency. In 2014, the company faced a significant decline in sales and profits. In conclusion, the role of CFOs goes beyond crunching numbers and managing finances.

Communication 52

Communication CFO Restructuring Sales 52

VCFO

JANUARY 27, 2022

Since our formation in 1996, vcfo has helped our clients through a number of booms and busts (.com, In an inflationary environment, if you provide your customers credit terms, intentionally or not, you are making a sale in today’s dollars that will result in you being paid with less valuable dollars at a later date. Fix Your Debt.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81

PYMNTS

FEBRUARY 1, 2021

TAP Financial Partners Managing Partner Bill Fickling said a number of the company’s customers are geared toward building out their businesses. To help customers with supply chain funding and order growth, British boutique merchant bank TAP Financial Partners has created a subsidiary called TAP Fulfillment LLC, according to a Monday (Feb.

B2B 40

B2B Restructuring Invoicing Finance 40

PYMNTS

DECEMBER 4, 2018

The center of the money laundering investigation at Deutsche Bank lies at a tiny unit that was barely able to eke out a profit and had been up for sale since the early part of 2016, reported Financial Times. Butterfield & Son, with the sale completed at the end of March.

Banking 46

Banking Restructuring Sales Accounting 46

PYMNTS

MAY 5, 2020

The company reported the second-quarter profit of its fiscal year at $460 million, or 26 cents a share, on sales of $18.01 After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 billion, up from $14.9 billion in 2019. a share a year ago.

Profit and Loss 65

Profit and Loss Restructuring Entertainment Economics 65

PYMNTS

MARCH 23, 2017

Indian eCommerce firm Snapdeal is not for sale, the company says after reports that Snapdeal was in discussions with domestic rivals for a potential sale, said Reuters. Sources had said that Snapdeal was in talks with Paytm E-Commerce Pvt Ltd and Flipkart for a potential sale.

Restructuring 40

Restructuring eCommerce Sales Investments 40

PYMNTS

AUGUST 1, 2018

2 Position In Global Smartphone Sales. The smartphone maker has taken over as the global runner-up to Samsung in smartphone sales, knocking the iconic iPhone maker down to third, according to a new report by International Data Corp. That same month, Toyota also announced that it would buy a stake in the company for $1 billion.

Investments 40

Investments Restructuring eCommerce Sales 40

PYMNTS

AUGUST 5, 2016

CFO Michael Berry plans to restructure operations to respond to the changes seen in criminal attacks where cybercriminals are leveraging ransomware to target the financial sector. FireEye has also cut its adjusted full-year sales outlook and its full-year revenue forecasts, lowering expectations for Q3.

Restructuring 40

Restructuring CFO Forecasting Leverage 40

PYMNTS

NOVEMBER 14, 2019

York Capital Management and Mike Archer, a former president of Applebee’s and TGI Fridays, bought Houlihan’s in 2015 and now blames the chapter 11 filing on a number of factors, including expensive leases, a tight labor market and “the rapid growth in costly third-party delivery.”. Documents filed in U.S.

Restructuring 43

Restructuring Securities Sales Numbers 43

PYMNTS

DECEMBER 21, 2016

After disappointing third quarter financial numbers, clothing retailer The Limited may be be going in another direction. According to Bloomberg , the brand pulled in Kirkland & Ellis to be its legal adviser and Guggenheim Securities and RAS Management Advisors for help with a debt restructuring and any asset sale.

Restructuring 43

Restructuring eCommerce Retail Sales 43

PYMNTS

JUNE 30, 2016

Finance was always a tenuous partnership, as a drastic restructuring in the wake of the financial crisis meant GE was determined to winnow down that part of the business and get out hyper-regulated territory. What does that mean by the numbers? 156 billion | The value of transactions that have already closed through those sales. $20

Restructuring 40

Restructuring Finance Sales Numbers 40

PYMNTS

FEBRUARY 23, 2017

With giants like Amazon, Alibaba and others, it’s hard to break into the online sales arena and maintain a strong lead. India eCommerce company, Snapdeal, is feeling the heat of online sales competition with its most recent announcement. The online marketplace shared that it is “restructuring” by laying off employees.

Restructuring 43

Restructuring eCommerce Investments Sales 43