Retail sales exceed forecasts, highlighting steady consumer-fueled growth
CFO Dive
JANUARY 17, 2024
Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.
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CFO Dive
JANUARY 17, 2024
Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.
CFO Dive
APRIL 15, 2024
After the release of the retail sales data, the Federal Reserve Bank of Atlanta upgraded its estimate for the annualized rate in first quarter GDP growth to 2.8% from 2.4%.
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CFO Dive
MARCH 9, 2023
The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.
CFO Dive
SEPTEMBER 26, 2024
Guess alum Markus Neubrand will replace 19-year Puma veteran Hubert Hinterseher as CFO next month as the retailer continues efforts to improve its brand desirability.
CFO Dive
SEPTEMBER 17, 2024
Even with solid retail sales data, traders in interest rate futures increased odds that the Federal Reserve will cut the benchmark interest rate Wednesday by a half point.
Navigator SAP
AUGUST 2, 2024
Consumer shopping patterns are quietly undergoing a dramatic shift as spending has moved from brick-and-mortar retail stores to online webstore purchases, to social selling on TikTok and other social media platforms. Instead of sales happening in dedicated stores, it now is retail everywhere.
CFO Dive
OCTOBER 18, 2022
Nordstrom’s CFO is stepping down as retail financial leaders battle profit pressures, a glut of inventory and rising costs.
CFO Dive
AUGUST 15, 2023
Surging borrowing costs and declining pandemic-era savings have not triggered a downturn in retail spending.
CFO Dive
OCTOBER 17, 2024
Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.
CFO Dive
APRIL 25, 2023
Walmart, Amazon and especially Target have already been taking market share from the struggling home goods retailer for quite some time.
CFO Dive
OCTOBER 30, 2024
Jay Stasz will replace retiring CFO Tom Fitzgerald, who has held the role at the health club chain for more than four years.
CFO Dive
JUNE 18, 2024
“Inflation and higher interest rates are straining low- and moderate-income households,” St. Louis Fed President Alberto Musalem said Tuesday.
CFO Dive
JUNE 7, 2024
Walmart, Target and Kroger executives pointed to price and technology improvements that they are using to offset cost pressures.
CFO Dive
NOVEMBER 15, 2024
Recent signs of robust consumer spending and persistent inflation prompted Wall Street to reduce the odds that the Fed will cut the main interest rate by a quarter point at its December meeting.
CFO Dive
JANUARY 18, 2023
The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth.
CFO Dive
JANUARY 20, 2023
CFOs are weighing costs more closely — even as they seek to trim the environmental impact of everything from packaging to shipping and return practices.
CFO Dive
JANUARY 23, 2023
The Irving, Tex.-based based company is swapping in a new CFO just under a year after the outgoing finance chief took the finance reins.
CFO Dive
SEPTEMBER 17, 2022
Williams-Sonoma CFO Julie Whalen will move to the top financial seat for travel and hospitality service Expedia Group as it looks to enact a new sustainability strategy.
CFO Dive
NOVEMBER 15, 2023
Gradual declines in consumer spending, hiring and inflation suggest that the Federal Reserve may achieve a “soft landing” for the economy.
CFO Dive
MAY 12, 2023
Standards for gauging sustainability are gelling amid a backlash against government plans to require corporate disclosure on climate risk.
CFO Dive
OCTOBER 27, 2023
Total Halloween spending is forecast to hit $12.2 billion this year, but rising wage and sugar costs are cutting into profits.
Navigator SAP
JULY 26, 2024
As a man of the Millennial generation, I rarely visit brick-and-mortar retail stores. But there I was at a shoe store in New York City because Nike was letting me design a custom red shoe via its Nike by You retail program.
Barry Ritholtz
DECEMBER 11, 2023
billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. This costs retailers anywhere between $15-20 billion annually in the US. No, “ nearly half ” of $94.5
Navigator SAP
JULY 15, 2022
The retail industry is growing exponentially year-over-year, partially due to the substantial profit margins that attract investors.
CFO Dive
DECEMBER 17, 2024
While growing at a slower pace, global mobile robot sales are still projected to reach $5.5 billion in 2024 and rise more than 20% annually up to 2030.
CFO Dive
SEPTEMBER 25, 2023
Either way, retailers won’t quit talking about EBITDA. Is it the 'Wild West' of measures or a fair predictor of long-term success?
Navigator SAP
SEPTEMBER 8, 2022
However, advancements have allowed small businesses access to these benefits, including small retail software like SAP. ERPs—Enterprise Resource Planning solutions—were first created as tools to manage inventory and quality control in large manufacturing organizations.
CFO Dive
SEPTEMBER 1, 2022
Dynamic pricing helps CFOs protect company margins but is increasingly subject to scrutiny.
Navigator SAP
SEPTEMBER 23, 2022
The past couple of decades have seen massive transformations in the retail industry—from purely brick-and-mortar stores to online shopping, to dynamic and innovative customer experiences in both online and physical spaces. And as society and technology evolve, things will continue to change in the retail landscape.
CFO Dive
JULY 5, 2022
based retail chain B&M European Value Retail is tapping Mike Schmidt to serve as CFO and executive director as top companies pull out more incentives to snare financial executives.
CFO Dive
AUGUST 24, 2022
Qurate Retail Group is tapping its SVP James Hathaway, a 25-year PepsiCo alum, to act as interim CFO in the latest of a series of executive moves aimed at bolstering revenue and strengthening customer relationships.
CFO Dive
MARCH 18, 2024
The craft retailer’s long-anticipated bankruptcy follows a $400k cash retention bonus paid out to its CFO.
CFO Dive
MARCH 15, 2024
The struggling craft supplies retailer approved the bonus as it continues its hunt for a permanent CEO while facing liquidity and inventory challenges.
CFO Dive
MAY 31, 2024
The retailer’s new finance chief Gary Millerchip is staying the course on the company’s popular $1.50 hot dog and soda combo pricing.
CFO Dive
APRIL 27, 2023
The home-goods retailer’s mixed signals remind some of Toys “R” Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.
CFO Dive
JULY 1, 2024
The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.
CFO Dive
JANUARY 19, 2024
The long-time Amazon veteran will step into the top financial seat for AWS as the e-commerce retailer looks to bolster the cloud segment’s stale revenue growth.
CFO News
FEBRUARY 12, 2024
India's retail inflation has eased to 5.10% on an annual basis, according to data released by the Ministry of Statistics & Programme Implementation. This is a decline from December's four-month high of 5.69%. A Reuters poll had predicted a three-month low of 5.09%.
CFO Dive
JULY 11, 2024
The long-anticipated increase marks the first time since 2017 that the global retailer has raised its membership fees.
CFO Dive
JUNE 17, 2022
The suit comes as the pandemic accelerated changes in shopping and work habits that drive how retail and offices are used and valued, leaving financial executives to grapple with rising uncertainty around how to assess commercial real estate holdings.
CFO Dive
JULY 9, 2024
The subscription-based retailer’s $60 million new credit facility with PNC Bank will be secured by its global wine assets.
CFO Dive
DECEMBER 1, 2023
The issue is complex and often clouded by imprecise data — sometimes from the industry itself.
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