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Nordstrom Names Ex-Target and Walmart CFO to Top Financial Post

Retail TouchPoints

Smith brings extensive experience in retail finance posts, including serving as CFO at Walmart from 2010 to 2014 and at Target from 2015 to 2020. At Nordstrom, Smith will be responsible for financial planning and analysis, accounting, tax, internal audit, treasury, investor relations and strategy sourcing.

Finance 332
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Torrid Appoints Retail Veteran as New CEO

Retail TouchPoints

Chinwe Abaelu, SVP and Chief Accounting Officer, will serve as Principal Financial Officer until Torrid appoints a new CFO. Muñoz has served in a number of roles at Torrid and Hot Topic since 2010. The change at the top comes amid a number of leadership shifts taking effect immediately. Former PVH Corp.

Apparel 245
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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

SVP and Chief Accounting Officer Michael Maher will step into the role on an interim basis while the company conducts an internal and external search for a permanent CFO. “As Bramman served as CFO and SVP of Carnival Cruise Line from 2010 to 2015 and Avery Dennison from 2015 to 2017.

Finance 262
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NRF: Holiday Spending Could Top $966B, but Shift from Goods to Services Continues

Retail TouchPoints

seen from 2010 to 2019. “It The NRF’s forecast, which is based on economic modeling that takes multiple factors into account, is in line with the Mastercard Spending Pulse prediction from September 2023 that U.S. retail sales will climb 3.7% for the Nov. 24, 2023 period.

Finance 259
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The working class: Why the casualisation of suiting is here to stay

Inside Retail

Historically, in times of economic crisis and impending recession, business-casual takes centre stage in fashion, including during the 2008 financial crisis and the unemployment crisis that ensued until 2010.

Fashion 240
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Why Redbubble is under pressure to reassure artists, investors ahead of AGM

Inside Retail

McConnell told Inside Retail that the “tone at the top” matters more than people think, and that, in his experience, boards do a bad job of holding themselves accountable. Missing KPIs Redbubble was founded in Melbourne in 2010 by Martin Hosking, Peter Styles and Paul Vanzella.

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Retailers ask Congress to give them the means to bypass Mastercard and Visa

Retail Wire

Opponents of the proposed legislation argue that merchants who claim that savings would be passed on to consumers failed to do so when the Durbin amendment was passed as part of the Dodd-Frank Act in 2010. Mastercard and Visa account for 77 percent of all credit card spending in the U.S., according to the Nilson Report.