August 25, 2015

The nation’s finance chiefs have a lot on their minds these days, from uncertainty in the U.S. economy to cybersecurity to regulatory and compliance issues.

August 18, 2015

Shuffling in the executive ranks continues at embattled Lumber Liquidators Holdings Inc., in the wake of accusations the retailer sold Chinese hardwood laminate products that had illegal levels of formaldehyde.

July 7, 2015

Express Inc. is naming a new CFO, and not looking far to fill the role.

June 30, 2015

Executive shuffling continues at off-price retailer Tuesday Morning Corp, which is now searching for a new CFO.

June 18, 2015

The role of IT has shifted dramatically in retail in the past 10-15 years, from a simple automation tool to an enabler of competitive advantage and business transformation. At the same time, the role of the CFO in IT has shifted quite a bit as well, and some top finance executives may feel a little uncertain about their place in the new retail IT landscape.

June 11, 2015

Kohl’s on Thursday announced a series of organizational changes, including the promotion of Michelle Gass to the newly created principal officer position of chief merchandising and customer officer.

May 1, 2015

EBay Inc. shareholders have reportedly voted themselves a measure of power to nominate directors on the company’s board.

April 30, 2015

Gaining market share and geographic coverage are top priorities driving dealsRetail continues to rally for deals in 2015, and the sector could be on the cusp of another major year for mergers and acquisitions. Already this year, we’ve seen speculation about a number of potentially massive deals — from a possible buyout of Rite Aid by Walgreens Boots Alliance to the proposed merger between Staples and Office Depot. Looking across the industry, as part of BDO’s annual Retail Compass Survey of CFOs, we asked chief financial officers at leading U.S.

March 17, 2015

Retail CFOs expect U.S. consumers’ feverish appetite for online buying to continue its strong upward trajectory in 2015.

March 5, 2015

Ascena Retail Group Inc. has named board member Randy L. Pearce to the newly created role of lead independent director.

March 3, 2015

Expect another busy year of retail mergers and acquisitions, according to an annual survey of retail CFO’s by BDO USA.

February 9, 2015

Aeropostale Inc. on Monday narrowed its fourth-quarter loss forecast on better than expected sales, margins, and expense management in January, and announced two executive appointments.

February 2, 2015

Dick’s Sporting Goods Inc. has named CFO Andre J. Hawaux as executive VP, COO/CFO.

February 2, 2015

Walgreens Boots Alliance Inc. has named Marco Pagni, formerly group legal counsel and chief administrative officer of Alliance Boots, as executive VP and global chief legal and administrative officer.

January 29, 2015

Sabrina Simmons has been elected to the board of directors of Williams-Sonoma Inc.

December 9, 2014

Nearly half of CFOs expect the U.S. economy to improve during the next six months and only 9% expect it to worsen, according to the Grant Thornton LLP 2014 Fall CFO Survey.

November 6, 2014

Target Corp. has named Jacqueline Hourigan Rice as senior VP, chief risk and compliance officer. Rice is a 17-year veteran of General Motors, where she most recently served as chief compliance officer.

November 4, 2014

To some folks, he’s an innovator, a genius who has fundamentally transformed the retail equation. To others, he’s a bully. And now Jeff Bezos has a new label: the world’s best-performing CEO.

The designation comes way of the Harvard Business Review’s 2014 ranking of the 100 best-performing CEOs. The list offers the only ranking of global CEOs’ performances over their entire tenure. It’s designed to recognize chief executives who are building value and delivering results year after year — as opposed to just in the short term.

October 14, 2014

Ulta Beauty has named Michelle Collins, president of Cambium LLC, a business and financial advisory firm to its board of directors, and as a member of its nominating and corporate governance and audit committees.

September 26, 2014

As the traditional CFO role expands beyond accounting and compliance to a more strategic role and partner to the CEO, the capabilities that future CFOs will need to bring to the table are also evolving. Today, according to recruiters, successful CFOs need strategic thinking, leadership and communications skills worthy of a national politician, along with experience in running a business.

September 26, 2014

Strategist, adviser, communicator, futurist: Retail chief financial officers have seen their role broaden so much in recent years that, in some cases, they have become virtual partners with the CEO. Once responsible primarily for financial stewardship, the CFO is embracing a growing number of additional roles encompassing strategic planning, technology and perhaps even a bit of crystal ball gazing. Some are even taking on COO functions.

One thing is certain: CFOs are not just number crunchers any more.

September 26, 2014

Defining the scope of a CFO’s oversight is challenging because it’s still evolving. Besides the overarching responsibility of overseeing and reporting finances, the role now often includes strategic planning, technology and investor relations.

New areas of reporting, including corporate social responsibility and environmental performance, are also being added. And in some companies, the CFO is even charged with overseeing the push into global markets.

September 26, 2014

Broadening responsibilities at a business brings with it an exponential increase in worries. And retail is no exception. As CFOs have become more forward-looking and strategic, their concerns have grown beyond retail basics to also encompass such issues as growing competition, data security, regulatory affairs, global economic health and globalization.

September 15, 2014

Ann Inc. is publicly responding to an investor presentation held by activist investors Engine Capital and Red Alder on Sept. 15, which urged the company to sell at a substantial premium above current stock price.