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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Kroger Expands in Midwest With Roundy’s Deal
The $178 million transaction continues Kroger's strategy of acquiring regional supermarket chains to further growth.