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Risk Management
28% of CFOs Plan to Diversify Deposits Across Banks
A new survey shows finance leaders are reevaluating their risk management practices after recent bank collapses.
By
Adam Zaki
| March 22, 2023
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Featured
Risk Management
28% of CFOs Plan to Diversify Deposits Across Banks
A new survey shows finance leaders are reevaluating their risk management practices after recent bank collapses.
By
Adam Zaki
| March 22, 2023
Read More
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Recruiting
Walmart CFO Brett Biggs Is Stepping Down
Biggs will remain with the retailer until a successor is named next year. He expects to leave the company in January 2023.
By
Vincent Ryan
| November 29, 2021
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M&A
Authentic Brands Stays Private With PE Deal
The brand developer is selling "significant" stakes to two private-equity firms and shelving its plans for an IPO.
By
Matthew Heller
| November 22, 2021
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Risk
Building a Case for Macy’s and Just Eat Takeaway’s Spinoffs
Macy’s e-commerce unit could fetch a handsome valuation as a standalone, and poorly performing Grubhub is dragging down JET's stock price.
By
Vincent Ryan
| October 26, 2021
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People
Ross Stores Promotes Adam Orvos to CFO
Orvos joined the retailer in January as group senior vice president of supply chain administration.
By
Lauren Muskett
| September 30, 2021
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IPOs
Claire’s Sees Gen Z Growth in IPO Pitch
The specialty retailer says it is "a category leader in the girl’s fashion jewelry and accessories market" and a "leading piercing destination."
By
Matthew Heller
| September 30, 2021
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M&A
Adidas Sells Reebok to Authentic Brands
Adidas restored Reebok to profitability but "was far less successful in building a brand that was able to capture the hearts and minds of consumers."
By
Matthew Heller
| August 12, 2021
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IPOs
Aeropostale, Forever 21 Owner Authentic Brands Exploring IPO
Over the past several years, Authentic Brands has scooped up brands on the verge of bankruptcy.
By
Vincent Ryan
| May 25, 2021
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The Economy
Business Inventories Increase 0.5% in February
February’s gain in the GDP component, which was in line with economists’ expectations, followed a 0.4% advance in January.
By
Matthew Heller
| April 15, 2021
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Strategy
Godiva to Exit All North America Stores
Demand for in-person chocolate shopping had “waned as a result of the pandemic and its acceleration of changes in consumers’ shopping behavior."
By
Matthew Heller
| January 25, 2021
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The Economy
U.S. Retail Sales Fall for Third Consecutive Month
"The further slump in retail sales in December confirms that the continued surge in coronavirus infections is now weighing heavily on the economy."
By
Lauren Muskett
| January 15, 2021
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Risk & Compliance
Luckin Coffee Fined $180M in Accounting Fraud
The SEC says the Chinese retailer fabricated more than $300 million in coupon sales to present a false picture of rapid growth to investors.
By
Matthew Heller
| December 17, 2020
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Strategy
Embattled Industries: Profiles in Resilience
Although the pandemic nearly crushed their industries, these companies are finding ways to thrive.
By
Lauren Muskett
| December 2, 2020
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M&A
Walmart Offloads 85% Stake in Seiyu to KKR, Rakuten
KKR will acquire 65% of the Japanese retailer and Rakuten will take a 20% share through a newly-created subsidiary.
By
Lauren Muskett
| November 16, 2020
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Financial Performance
Costco Posts 11.4% Same-Store Sales Increase
The big-box retailer continued to benefit from shoppers stocking up on everything from food to patio furniture.
By
Matthew Heller
| September 25, 2020
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Financial Performance
Digital Sales Surge Fuels Nike Earnings Beat
“We know that digital is the new normal. The consumer today is digitally grounded and simply will not revert back."
By
Matthew Heller
| September 23, 2020
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