FINANCE

Hudson’ Bay Co.’s CFO resigns

BY Staff Writer

Toronto — Michael Culhane, CFO of Hudson’s Bay Company, has resigned following a leave of absence from the company.

Culhane went on personal leave on January 22, at which time COO and president Donald Watros was appointed acting CFO. He will continue in that role until a permanent replacement is named.

“This is the ideal time for me to leave HBC as the company is well positioned for the future,” said Culhane. “I wish all of HBC’s associates and business partners continued success.”

The retailer has engaged a leading executive search firm to assist in recruiting a new CFO.

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Junction Solutions to implement Microsoft Dynamics at auto parts retailer Eckler

BY Marianne Wilson

Denver — Junction Solutions announced it will implement Microsoft Dynamics AX 2012 and JunctionMCR at Eckler Industries, the leading provider of parts and accessories for classic and enthusiast automobiles, to support the retailer’s multichannel growth strategy.

“This implementation will streamline our systems to a unified multichannel platform that will help us promote more efficient business processes and manage our growth moving forward,” said Matt Jordan, CEO, Eckler, Titusville, Fla. “We look forward to working with Junction Solutions as they provide the platform for us to attain a single, clear view of all our channels that leads to more effective customer engagement, improved one-to-one marketing, and even higher levels of performance and service for our customers.”

Eckler operates three retail showrooms and distribution centers. The company offers more than 300,000 products through its catalogs, websites, and retail locations.

Eckler selected Junction Solutions because of the company’s extensive implementation expertise in the retail market, as well as the deep industry expertise of its consultants. The three-phased implementation calls for replacement of the retailer’s legacy systems that include ERP, order management, product information management system, point-of-sale, warehouse management system, and other applications.

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FINANCE

Wal-Mart sets annual meeting date

BY Staff Writer

Bentonville, Ark. — Wal-Mart Stores Inc. will hold its annual shareholders meeting on June 6.

The meeting will be at Bud Walton Arena on the University of Arkansas campus at Fayetteville.

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