Retail sales exceed forecasts, highlighting steady consumer-fueled growth
CFO Dive
JANUARY 17, 2024
Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
CFO Dive
JANUARY 17, 2024
Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.
CFO Dive
MARCH 9, 2023
The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Planning Your Restaurant's Path to Profitability
How Automation is Driving Efficiency Through the Last Mile of Reporting
Barry Ritholtz
DECEMBER 11, 2023
billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. This costs retailers anywhere between $15-20 billion annually in the US. No, “ nearly half ” of $94.5
Barry Ritholtz
FEBRUARY 5, 2024
I want to float a new concept to CRE owners: Retail as a Service (RaaS). Not just the upper floors that tenants rented, but the ground floor retail as well.2 A fully occupied office tower could be counted on to provide enough foot traffic to support a retail store, coffee shop or restaurant.
CFO Dive
AUGUST 15, 2023
Surging borrowing costs and declining pandemic-era savings have not triggered a downturn in retail spending.
CFO Dive
OCTOBER 18, 2022
Nordstrom’s CFO is stepping down as retail financial leaders battle profit pressures, a glut of inventory and rising costs.
CFO Dive
SEPTEMBER 25, 2023
Either way, retailers won’t quit talking about EBITDA. Is it the 'Wild West' of measures or a fair predictor of long-term success?
Navigator SAP
SEPTEMBER 8, 2022
However, advancements have allowed small businesses access to these benefits, including small retail software like SAP. ERPs—Enterprise Resource Planning solutions—were first created as tools to manage inventory and quality control in large manufacturing organizations.
Navigator SAP
SEPTEMBER 23, 2022
The past couple of decades have seen massive transformations in the retail industry—from purely brick-and-mortar stores to online shopping, to dynamic and innovative customer experiences in both online and physical spaces. And as society and technology evolve, things will continue to change in the retail landscape.
CFO Dive
APRIL 25, 2023
Walmart, Amazon and especially Target have already been taking market share from the struggling home goods retailer for quite some time.
Navigator SAP
JULY 15, 2022
The retail industry is growing exponentially year-over-year, partially due to the substantial profit margins that attract investors.
CFO News
FEBRUARY 12, 2024
India's retail inflation has eased to 5.10% on an annual basis, according to data released by the Ministry of Statistics & Programme Implementation. This is a decline from December's four-month high of 5.69%. A Reuters poll had predicted a three-month low of 5.09%.
Navigator SAP
JULY 9, 2022
For instance, consumer product organizations can use SAP Business ByDesign in Retail. While you can get a system with essential features right out of the box, you can also tailor it to fit your business based on the industry that you’re in.
CFO Dive
NOVEMBER 22, 2022
Consumers will be relying on credit cards, their savings and heavy discounts in what is shaping up to be an uncertain season for retailers.
CFO Dive
APRIL 25, 2022
As some retailers extend lead times and amass inventory to manage delays, they're also building sourcing relationships beyond China and Vietnam.
Barry Ritholtz
NOVEMBER 25, 2022
It’s Black Friday and you know what that means: Lots of promotional sales and lots of holiday retail spending forecasts. Holiday retail sales have averaged an increase of 4.9% The post Grinch: Ignore Black Friday Retail Forecasts appeared first on The Big Picture. billion and $960.4 Last year’s holiday sales grew 13.5%
CFO Dive
JANUARY 18, 2023
The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth.
CFO News
MARCH 12, 2024
India's retail inflation witnessed a marginal decline in February, settling at 5.09 percent annually. Despite concerns over rising food prices, the RBI maintains its inflation forecast for FY24 at 5.4
CFO News
JANUARY 23, 2024
India's top retailers, including Reliance Retail, Titan Company, Avenue Supermarts, V-Mart Retail, and Shoppers Stop, have slowed down their store expansion this fiscal year. Jefferies reported that Reliance Retail has reduced retail business capex and store additions have decreased.
PYMNTS
JANUARY 18, 2021
Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.
CFO News
FEBRUARY 28, 2024
Primark has been a successful value-priced retailer and its global revenue has exploded in the last few years, aside from two Covid-hit years. Average prices are even cheaper than retailers such as H&M and Uniqlo.
VCFO
JUNE 2, 2023
Navigating a New Era of Retail – Three Financial and Operational Factors The market and operating environments of retail businesses have undergone dramatic transformations since the turn of the millennium; transformations that accelerated significantly more with the outset of the COVID pandemic.
CFO News
MAY 17, 2023
According to the report, a total of six bids have been received for the final round of bidding for Future Retail from lesser-known companies. Realty firm Space Mantra has bid the highest for the company, meanwhile, the five other applicants have bided for parts of Future Retail.
Future CFO
DECEMBER 13, 2023
When it comes to cybersecurity budget, retail CFOs in Asia Pacific might have to reconsider the amount of resources allocated to this area. According to a recent study by Kaspersky , the retail industry experienced the greatest number of successful cyberattacks in the past 24 months in Asia Pacific. E-commerce is expected to be a 2.05
Future CFO
DECEMBER 11, 2023
The CFO role has been seeing shifts in the retail industry recently, as the position is seemingly no longer tied to the finance function per se, according to Ernst & Young. Acing the technology revolution One of the key takeaways from the discussion was the integral role of technology in modern retail operations.
Anaplan
APRIL 1, 2022
In retail, merchandising is the link between sales and marketing on the front end and supply chain at the back end. Merchandising tells retailers the all-important four Ws: what to sell, when to sell, where to sell, and who to sell to. These four Ws are critical for sales, marketing, and supply chain because retailers […].
CFO News
DECEMBER 12, 2023
India's retail inflation rose to 5.5 per cent in November, driven by increased food prices, marking the 50th consecutive month above the 4 per cent target.
PYMNTS
JANUARY 20, 2021
In today’s top retail news, Birkenstock is said to be in discussions for a sale to CVC Capital Partners, while Cognira has released its AI Promotion Solution. Cognira Rolls Out AI Promotion Suite For Retailers. Cognira, the retail artificial intelligence technology firm, has launched its AI Promotion Solution.
Reval
MARCH 6, 2024
Retail Revolution is free to read. The post European retail brokers plan institutional and listed derivatives expansion in the face of CFD restrictions appeared first on ION. Download your copy now. London – 6.
PYMNTS
AUGUST 7, 2020
If this becomes a tsunami of retailers rejecting their leases, it’s going to trigger another part of the sea change — the mortgages held by the landlords.”. Sometimes bankruptcy is the most advantageous way to get out of those leases,” he said, noting that some large retailers answer to hundreds of different landlords.
CFO News
JANUARY 10, 2024
“There is a need to provide lower interest rate to the retailers through the special announcement in the budget to assure easier financing for the Retail businesses.
CFO News
OCTOBER 12, 2023
Retail Inflation: The CPI based inflation has come back to the Reserve Bank of India (RBI)'s comfort level of below 6 per cent after a gap of two months.
PYMNTS
DECEMBER 24, 2020
When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. They and others have succeeded because they entered the market independent of traditional retail, and because their business model fit the needs of the pandemic.
PYMNTS
APRIL 28, 2020
Reinventing retail in the wake of COVID-19 may mean reinventing retail formats. It’s also likely that retailers will see more men in-store than women, and they should consider adjusting inventory to target these shoppers.”. Inventory adjustments will only be part of the post-COVID retail order.
PYMNTS
NOVEMBER 16, 2020
Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS. The reason retailers find it easy to use, and the company’s unique value proposition, is that it builds and optimizes online storefronts in a no-code environment.
CFO News
SEPTEMBER 12, 2023
Retail inflation moderated to 6.83 per cent in August after reaching a 15-month high of 7.4 per cent in July, driven by food prices.
CFO News
JULY 7, 2023
Global investment firm Bernstein in a May report valued the holding company of Reliance Retail, called Reliance Retail Ventures (RRVL), at $131 billion (₹10.82 RIL owns 85% of RRVL, which in turn owns more than 99% of Reliance Retail. lakh crore).
CFO News
JULY 7, 2023
Reliance Retail, owned by Mukesh Ambani, the richest man in Asia, has been given a valuation of between $92 billion and $96 billion by independent consultants, EY and BDO. Reliance Retail Ventures, which includes both the core retail business, and Ambani's consumer goods business, raised $5.72
CFO News
NOVEMBER 9, 2023
Retail investors - classified as individuals with less than shareholding worth ₹2 lakh in a company - made purchases worth ₹7,596 crore in July-September, according to Prime Database, amid the record-breaking run in the stock market
PYMNTS
JANUARY 8, 2021
Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. Further, the biannual report released by the Real Estate Board of New York (REBNY), found that retail rents in Manhattan declined across all 17 corridors it tracks. .
CFO News
JUNE 12, 2023
Retail Inflation: The number has remained below the Reserve Bank of India’s (RBI) upper band target of 6 per cent for the third consecutive month.
CFO News
JANUARY 12, 2024
India witnessed a surge in retail inflation, reaching a four-month high of 5.69 per cent in December, primarily fueled by rising food prices. Despite this increase, it remains within the acceptable range set by the Reserve Bank of India (RBI).
CFO News
SEPTEMBER 12, 2023
Companies including Reliance Industries' retail arm, Shoppers Stop, Trent, Aditya Birla Retail, Titan, Avenue Supermart, and Jubilant FoodWorks increased their combined workforce by 14% in FY23 to nearly 530,000 employees, as per their latest annual reports.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content