All Banking & financing articles
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InterviewQ&A: Amex on payment innovation, driving conversion, and meeting younger consumers’ demands
In this exclusive Q&A, Amex general manager of Global Merchant Services Dan Edelman reflects on how to appeal to Millennials and Gen Z, the importance of personalisation in retail, and the future payment innovations set to attract consumers in the years ahead.
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NewsDebenhams reshuffles non-executive board
Debenhams Group has announced that it has appointed Tom Handley to its board of independent non-executive directors, after Alistair McGeorge stepped down earlier today (Friday, September 19).
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NewsWaterstones secures £125m in new funding to support growth plans
Waterstones has secured £125m in new funding facilities, which it said is designed to support the company’s ongoing financing needs and future growth.
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NewsMorrisons shaves down debt through further refinancing
Morrisons has today announced it has completed its recent refinancing exercise, paying down or agreeing additional loan terms on over £2bn of debt.
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NewsCo-op secures new £350m lending agreement
The Co-op has today announced a new £350m lending agreement with six major banks, which it says reflects “strong market confidence” in the retailer.
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NewsFrasers Group offers Debenhams cash injection as Ashley demands meeting with chair
Frasers Group is reportedly looking to tighten its grip on Debenhams, formerly Boohoo Group, with an offer of a cash injection to the retailer, which is going through debt refinancing talks.
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NewsDebenhams Group in discussions over debt refinancing deal
Debenhams Group, formerly the Boohoo Group, is reportedly in discussions over a debt refinancing package worth as much as £175m.
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Retail VoiceHow to build a successful subscription service
Subscriptions are currently thriving in the UK as consumers increasingly use them to shop, stream and save. With the right payment partners, your business can tap into this trend, unlocking steady revenue streams and building stronger customer loyalty.
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NewsAsda stares down refinancing challenge ahead of Walmart repayment
Asda is staring down at what may be a potentially complex financial restructuring ahead of steep payment owed to its former owner.
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NewsCo-op extends sustainability revolving credit facility
C-store specialist Co-op has extended its £400m sustainability-linked revolving credit facility for another five years.
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NewsJust Eat to delist from London Stock Exchange
Delivery giant Just Eat has made the decision to quit the London Stock Exchange in order to save costs, in the latest blow for the City.
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NewsMorrisons pays down debt and extends revolving credit facility
Supermarket giant Morrisons has announced it has paid down a further £200m of debt and extended the maturity of its revolving credit facility to 2030, reducing its overall levels of debt.
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NewsBoohoo has raised £40m to fuel its turnaround
Boohoo has completed a fundraising round to fuel its turnaround amid a boardroom bust-up with its biggest shareholder.
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NewsFootasylum has secured a £35m credit facility to fund UK growth ambitions
Footasylum has secured a £35m credit facility as it looks to accelerate growth in the UK.
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Supplier InsightHow embedded finance is enabling retail growth
Embedded finance is boosting basket sizes and driving conversion across the sector as integrated payment options offer shoppers a seamless checkout experience
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AnalysisFrom AI to M&A – what retailers are spending their money on
The ring of the tills might be what drives retail, but to keep customers spending retailers need to invest in improvements. Retail Week looks at where some of the biggest – and most successful – retailers are directing their spend
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Retail VoiceEmpowering retail: How consumer choice is reshaping global payments
In the ever-evolving world of retail, Worldpay’s 2024 Global Payments Report reveals a transformative shift where consumer choice is not just influencing but dictating the future of commerce
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NewsBarclays acquires Tesco Bank in £600m deal
Barclays has today confirmed it will acquire Tesco Bank in a £600m deal, which will see the bank take on the grocery giant’s 2,800 employees working across banking products.
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Opinion‘Big changes at Sainsbury's hint at next strategic phase’
As Sainsbury’s prepares for a strategy update to the City at the start of next month, some big developments hint at what may be expected
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Retail VoiceThe five biggest trends in payments for retail
Letting your customers pay the way they want to should be top of the agenda for retailers, says Elavon’s Michael Bosshammer as he takes a look at the biggest payment movements right now