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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 301
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Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. Garratt joined Dollar General in 2014 as SVP of Finance and Strategy and has served as EVP and CFO since December 2015.

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Is Jim’s Beauty set to flop like Harley-Davidson perfume – or could it be branding genius?

Inside Retail

Away from their physical stores, they are offering telehealth , insurance , mobile phone plans , gift cards , and deliveries at work. Cadbury briefly introduced Vegemite chocolate in 2015, but then said it hadn’t been serious. per cent and Woolworths 7.8 per cent over the past year.

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Zilingo CEO suspended amid financial probe

Inside Retail

B2B fashion e-commerce firm Zilingo has suspended its CEO, Ankiti Bose, after the company’s capital-raising plan led to questions about its accounting practices, according to Bloomberg. Bose, who founded Zilingo in 2015 with Dhruv Kapoor, has been suspended until May 5.

Finance 130
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How Burberry’s new leadership duo can reignite the luxury brand’s spark

Inside Retail

Burberry’s new chief executive Jonathan Akeroyd will on Thursday set out his plan to finish the job started by his predecessor: boosting growth at the British luxury brand to the levels of its European rivals. Leather goods account for around 20 per cent of Burberry’s sales versus 70 per cent at Bottega Veneta.

Fashion 278
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Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut

Inside Retail

Efforts to regain momentum at the label, which accounts for the bulk of sales and profits at Kering, have prompted broad change in the group’s top management. The group has also taken steps to broaden its revenue sources, announcing plans to buy high end perfumer Creed in June and a 30 per cent stake in fashion label Valentino in July.

Fashion 130
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Report: Amazon Considering Peloton Acquisition as Fitness Company Seeks Profitability

Retail TouchPoints

He also was CFO of Spotify from 2015 to January 2020 and has served on the boards of companies including Pandora and Rent the Runway. This includes reducing its planned capital expenditures in 2022 by approximately $150 million. One element of the strategy will be seeking more extensive partnerships with outside companies.