retail industry Archives - CFO

Making Capital Investment Decisions in an Omnichannel World

Making Capital Investment Decisions in an Omnichannel World

For the retail CFO, getting a better return on capital in the omnichannel era requires new ways of thinking.

By Josh Chernoff | August 28, 2017

Unusual Retailer Thrives Despite Industry Doldrums

Unusual Retailer Thrives Despite Industry Doldrums

Purchasing Power, a combined retailer and employee benefits provider, is insulated from swings in the economy, its CFO says.

By David McCann | May 16, 2017

Macy’s Earnings Drop 40% on Sluggish Sales

Macy’s Earnings Drop 40% on Sluggish Sales

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.

By Katie Kuehner-Hebert | May 11, 2016

Wal-Mart Sues Visa Over Chip Card Verification

Wal-Mart Sues Visa Over Chip Card Verification

The retailer says Visa is encouraging fraud by requiring it to allow customers to verify transactions with a signature rather than a PIN.

By Matthew Heller | May 11, 2016

Tiffany Beats Q4 Estimates But Strong Dollar Bites

Financial Performance

Tiffany Beats Q4 Estimates But Strong Dollar Bites

The luxury goods company predicts sales and earnings growth will continue to be pressured by the strength of the dollar and an uncertain economy.

By Katie Kuehner-Hebert | March 18, 2016

Sports Authority Files Chapter 11 Bankruptcy

Sports Authority Files Chapter 11 Bankruptcy

The retailer plans to close 30% of its stores as it slims down to cope with increased competition and substantial debt.

By Matthew Heller | March 2, 2016

Lowe’s to Acquire Canada’s Rona for $2.3B

Lowe’s to Acquire Canada’s Rona for $2.3B

The home improvement giant is hoping to avoid the political complications that helped derail its 2012 offer for Rona.

By Katie Kuehner-Hebert | February 3, 2016

American Apparel Wins Bankruptcy Showdown

American Apparel Wins Bankruptcy Showdown

A judge says the retailer can proceed with its bankruptcy exit plan, leaving founder Dov Charney out in the cold.

By Matthew Heller | January 25, 2016

Sports Authority Working on Deal With Lenders

Sports Authority Working on Deal With Lenders

Moody's says there is a "high probability" the retailer could default after missing a key $20 million interest payment last week.

By Katie Kuehner-Hebert | January 22, 2016

J. Crew Names Retail Veteran as New CFO

J. Crew Names Retail Veteran as New CFO

Michael Nicholson takes over as finance chief as the retailer works to correct operational missteps that have hurt sales.

By Katie Kuehner-Hebert | December 4, 2015

Kroger Expands in Midwest With Roundy’s Deal

Kroger Expands in Midwest With Roundy’s Deal

The $178 million transaction continues Kroger's strategy of acquiring regional supermarket chains to further growth.

By Katie Kuehner-Hebert | November 11, 2015

Walgreens Buys Rite Aid for $9.4 Billion

Walgreens Buys Rite Aid for $9.4 Billion

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.

By Katie Kuehner-Hebert | October 28, 2015

Bridgestone Buys Pep Boys for $835 Million

Bridgestone Buys Pep Boys for $835 Million

The $15-a-share deal expands Tokyo-based Bridgestone's network of U.S. tire and auto service centers by more than a third.

By Katie Kuehner-Hebert | October 26, 2015

Wal-Mart Shares Tumble on Earnings Forecast

Wal-Mart Shares Tumble on Earnings Forecast

The stock suffers its worst fall since February 2000 as the retailer issues a gloomy outlook for 2017 that underscores investor concerns.

By Katie Kuehner-Hebert | October 14, 2015

Wal-Mart Lays Off 450 Workers at Arkansas HQ

Wal-Mart Lays Off 450 Workers at Arkansas HQ

The retailer says it is aligning home office staff with its priorities of growing e-commerce sales and improving the shopping experience at its stores.

By Katie Kuehner-Hebert | October 2, 2015