For the retail CFO, getting a better return on capital in the omnichannel era requires new ways of thinking.
Purchasing Power, a combined retailer and employee benefits provider, is insulated from swings in the economy, its CFO says.
The retailer's "old-fashioned brands are not what millenials want," one analyst says as its same-store sales fall 6.1% in the first quarter.
The retailer says Visa is encouraging fraud by requiring it to allow customers to verify transactions with a signature rather than a PIN.
The luxury goods company predicts sales and earnings growth will continue to be pressured by the strength of the dollar and an uncertain economy.
The retailer plans to close 30% of its stores as it slims down to cope with increased competition and substantial debt.
The home improvement giant is hoping to avoid the political complications that helped derail its 2012 offer for Rona.
A judge says the retailer can proceed with its bankruptcy exit plan, leaving founder Dov Charney out in the cold.
Moody's says there is a "high probability" the retailer could default after missing a key $20 million interest payment last week.
Michael Nicholson takes over as finance chief as the retailer works to correct operational missteps that have hurt sales.
The $178 million transaction continues Kroger's strategy of acquiring regional supermarket chains to further growth.
The combination of two of the three largest U.S. drug store chains continues a wave of industry consolidation spurred by the Affordable Care Act.
