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Ally Lending Announces Relationship With Sezzle
Ally Lending, the personal lending arm of Ally Bank, a subsidiary of Ally Financial Inc. is adding to its retail market lending offerings via an agreement with Sezzle, a fast-growing installment payments platform. The news comes on the heels of an announcement to partner with Vyze, Mastercard's leading alternative financing platform for retailers.
Ally's latest announcement in the "buy now, pay later" space comes as this emerging segment continues to gain traction with American consumers. According to a recent study of approximately 2,000 consumers1, 81% of those surveyed said they would use installment payments, if available. In addition, 65% said they would come back to a store or website more often if it offered installment payments.
"Our relationship with Sezzle is part of Ally's partnership-driven growth strategy, and it supports our customer-first mindset. We're dedicated to offering flexible payment solutions for consumers across a range of price points as they shop their favorite stores," says Hans Zandhuis, head of Ally Lending. "Now, more than ever, consumers are looking for user-friendly, affordable financial tools that simplify their lives. This new agreement is another example of how Ally is addressing these demands."
Bausch Health Releases Annual Corporate Social Responsibility Report
Bausch Health Companies released its annual Corporate Social Responsibility (CSR) Report, highlighting the Company's ongoing commitment to responsible, ethical and sustainable operations in 2019. In addition to outlining initiatives and key performance indicators in 2019, the report features an early look at 2020 efforts, including the Company's COVID-19 response efforts in the first half of 2020 and its Diversity & Inclusion (D&I) initiatives.
Bausch Health's annual Corporate Social Responsibility report highlights the company’s ongoing commitment to responsible, ethical and sustainable operations.
"Now more than ever, we recognize the increased importance of corporate citizenship in creating an environment where our employees, our customers, our partners and our communities can thrive," says Joseph C. Papa, chairman and CEO, Bausch Health. "As we continue to improve sustainability and raise the bar on our ethical, social and operational standards, we are furthering our mission to improve lives and advance global health."
Ulta Beauty Halts Expansion into Canada to Focus on U.S.
Ulta Beauty has halted expansion plans into Canada, saying it will instead focus on its U.S. operations and "omnichannel capabilities" including online shopping.
The company unveiled plans in May 2019 to become a "global beauty retailer" starting with a launch into Canada’s competitive cosmetics market.
"After thoughtful consideration of the current landscape and the impacts of COVID-19, Ulta Beauty made the difficult decision to end its previously announced expansion to Canada," Kecia Steelman, Ulta’s chief store operations officer and president of its international division said in a statement.
IHG appoints David Oppenheim as Senior Vice President, Analytics & Insights
IHG appointed David Oppenheim as Senior Vice President, Analytics & Insights. The move comes as part of IHG’s investment in data-driven decision making and the further development of a team of professional data scientists that enhance strategic and tactical business decisions for all IHG brands and channels. This high-caliber insights team will serve as a center of excellence for analytics across the IHG enterprise. David will report to Claire Bennett, Global Chief Marketing Officer at IHG.
Oppenheim most recently worked at Alaska Airlines as Vice President of Sales and Distribution. Previously, he held numerous positions at United Airlines, including leading the commercial analytics team. He is recognized for his analytical and intellectual rigor and broad expertise building revenue in the travel industry. He began his career at The Boston Consulting Group.
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