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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

“As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a changing environment,” said Erik Nordstrom, CEO of Nordstrom in a statement. Maher has more than 25 years of finance and accounting experience and joined Nordstrom in 2009 as controller.

Finance 243
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Fall of the zombies? Why corporate failures could surge in 2024

Inside Retail

A crunch is looming, finance industry experts said, with many weaker, smaller businesses seeking new private loans and public debt deals just as government borrowing costs – which influence loan rates – are soaring globally. Failure to secure the cash they need at rates they can afford could lead to insolvencies and layoffs.

Finance 130
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Retail appointments of the week

Inside Retail

McLay formerly worked at Australian supermarket chain Woolworths, serving as general manager of a number of divisions, including replenishment, cost focus, and business development, as well as operations manager for logistics. “I At this time, it is business as usual.

Outdoor 130
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What Can and Should Retailers Do About Climate Change?

Retail TouchPoints

With global attention focused on mitigation, adaptation and resilience, how are retailers managing related risks and considering possible business opportunities? ESG analysis could indicate that management is focused on long-term competitive market advantages that also may help it meet future bondholder obligations.

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Downtown Retail Revitalization: an Overview

Retail TouchPoints

Prioritizing pedestrians, implementing comprehensive parking management strategies and integrating diverse transportation alternatives are essential steps toward rejuvenating downtown areas and making them thriving centers of commerce and community. Louis Archambault is Partner and Vice Chair of the Real Estate Practice at Saul Ewing.

Planning 223
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Amber Specialty Pharmacy promotes three

Mass Relators

In the promotions announced on Friday, John Ortner transitions to senior vice president of Finance and chief administration officer. In his new role, Ortner will continue his current duties of leading all areas of finance and will also lead human resources and auditing. since 2011, starting as a pharmacy manager. John Ortner.

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The collapse and rebirth of UK fashion giant Missguided

Inside Retail

Missguided, founded by Nitin Passi in 2009, shocked the retail industry after declaring that it had fallen more than £80 million ($136 million) in debt. But how did this fast fashion giant collapse so quickly and what lies ahead for Missguided under new management? However, those days are long gone. Self-inflicted wounds.

Fashion 130