Sydnee Breuer
Featured in California Apparel News on How Can the Apparel Industry Hold on for the Holidays?
Maria Contino
Maria Contino was a featured speaker in a California Fashion Association event in conjunction with Black Design Collective on “Assessing Capital Needs for Entrepreneurs"
Heather Fidura
Featured in The Secured Lender and other industry publications for relocating to Florida to join the Southeast team
Meghan Flaherty
Named as one of SFNet’s 2020 40 Under 40 Professionals in Commercial Finance
Leigh Lones
Participated in the NYIC Credit Smorgasbord’s Credit & Lending Panel on Best Practices for Business Development in a Post-COVID World
Participated in IFA’s Debtor Credit Discussion Group on COVID
Brian Resutek
Authored an article in The Secured Lender on Responding to Those in Need During COVID-19
Cassie Rosenthal
Featured in Footwear News for our Financial Fitness Survey and article How Footwear Brands Can Safeguard Against Future Financial Challenges
Closing Speaker for New York Institute of Credit’s Virtual Credit Smorgasbor
Joel Wolitzer
Authored a Toy Association white paper on Looking Beyond Credit Insurance: Why Factoring Might Be the Best Solution in an Uncertain Retail Environment
Participated in Exceed Network’s Wholesale Game Plan 2021 Webinar
Paul Schuldiner
Moderated the NYIC Credit Smorgasbord’s Credit & Lending Panel on Apparel, Textiles and Consumer Goods
Participated in Sourcing Journal’s Sourcing Summit Panel on New Rules of Supply Chain Finance Post-COVID
Participated in a Financial Poise Panel on Trade Finance Basics
Featured in Sourcing Journal on Financing Options Gaining Ground as Suppliers Seek Cash
Participated in a Financial Poise Panel on Alternative Structures: PO Financing, Factoring & MCA
Michael Stanley
Featured in WWD on Vendor Business Strategies to Offset Impact of Retail Bankruptcies
COVID-19 BY THE NUMBERS
NPD Stats on Holiday Purchase Intentions:
$691
Average expected consumer holiday spend. On par with 2018 levels.
48%
Percent of purchases consumers plan to make online. Up from 41% last year.
41%
Free Shipping as the #1 cited influence of how consumers will decide where they shop this year.
Source: NPD Group 2020 U.S. Holiday Purchase Intentions Report (November 2020)
Home for the Holidays Like Never Before
The holiday season is always an important one for the home industry, but the increased time we are spending at home is going to yield particularly happy results this holiday season. NPD’s Future of Home report reveals:
16% growth in small appliance sales -- at-home espresso makers, instapots, air purifiers and small heaters will be big winners
13% growth in non-electric housewares -- cooking and baking equipment; cocktail accessories and home comfort accessories like throw blankets and plush slippers will lead the pack
And Since We're Indulging At Home: A Ranking of America's Top At-Home Treats Since Lockdown
1. Cakes, Cupcakes, Snack Cakes
2. Ice Cream, Frozen Yogurt, Novelties
3. Fish & Seafood
4. Adult Beverages
5. Pizza, Pizza Snacks, Calzones
Source: NPD Group/NET® COVID-19 Pantry & Food Strategy Tracker
These numbers are directional and constantly changing. NPD numbers will update weekly
Every single department at Rosenthal deserves a shoutout this quarter!
Each of our teams has been nothing short of amazing. Under the most challenging and unusual circumstances, you’ve been undeterred, unflappable and focused – even while working remotely and apart from one another. You’ve closed a remarkable amount of new business, nurtured important client relationships, managed our credit exposure, made sure our mail was delivered on time and that our internet connections work.
All of your individual and collective efforts have kept our business moving forward, so this shoutout is for each and every one of you.
Nearly $700 MILLION in new sales volume for September alone!
MILESTONES
Congratulations to…
Yvonne Rivera (Credit) who gave birth to ger daughter, Keira Anais Ortiz, in August
Arianna Fragiacomo who got married in August
Andrew Barone who got married in August
Tasha Stout who got married in September
Service Anniversaries
John Haverly (Treasury) – 5 years
Eric Bader (Administration) – 10 years
Yvonne Rivera (Credit) – 10 years
John Kinney (IT) – 15 years
Jesus Brito (Cashiers) – 20 years
Michael Cipriani (Factoring) – 30 years
Dave Ragkaswar (Client Accounting) – 35 years
Karen Bonaccorsi (International L/C) – 45 years
ROSENTHAL BABIES!
Alicia Hildalgo (Rob Miller’s granddaughter)
Keira Anais (Yvonne Rivera’s daughter)
Nico Tomasulo (Rob Martucci’s grandson)
Jack Archer (Jeff Enoch’s grandson)
Olivia Grace (Rob Martucci’s granddaughter)
Cora (Ying Yang’s daughter)
Elena (Rob Miller’s granddaughter)
Nico Martucci (Rob Martucci’s grandson)
Be sure to check out The Rosenthal Holiday Recipe Collection, our first family cookbook filled with recipes from your kitchens that we can now all enjoy in the season ahead.
We hope you’ll have the chance to spend safe, socially distant time this holiday season with family, friends and loved ones. Try out some of these delicious homemade Rosenthal dishes and snap a picture of your favorite! Send it to Cassie at crosenthal@rosenthalinc.com and we’ll include it in the next issue of the Reporter in 2021.