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Retail sales exceed forecasts, highlighting steady consumer-fueled growth

CFO Dive

Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.

Sales 289
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Retail sales surge as economy enters Q2 spurred by spend-happy consumers

CFO Dive

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%.

Sales 306
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Trending Sources

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Walmart bets on digital retail future, CFO says

CFO Dive

The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

Retail 290
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Ex-Guess Inc CFO takes top financial seat for retailer Puma

CFO Dive

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 278
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Retail sales highlight consumer strength as Fed mulls size of rate cut

CFO Dive

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.

Sales 278
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Retail Everywhere: Delivering a Unified Customer Experience with ERP

Navigator SAP

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.

Retail 233
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Nordstrom CFO latest retail exec to step down

CFO Dive

Nordstrom’s CFO is stepping down as retail financial leaders battle profit pressures, a glut of inventory and rising costs.

CFO 264