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Lowe’s Promotes Finance Exec to CFO

Retail TouchPoints

Lowe’s has promoted Brandon Sink to EVP and CFO, effective April 30, 2022. Sink, currently SVP of Retail Finance at the retailer, will replace Dave Denton, who is departing to pursue another opportunity. Sink will work closely with Denton during the transition phase.

Finance 272
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Bed Bath & Beyond Promotes Two Executives to Top Finance Positions

Retail TouchPoints

One day after announcing the departure of CEO Mark Tritton , Bed Bath & Beyond has named Laura Crossen as its new SVP of Finance and Chief Accounting Officer, and Susie Kim as SVP of Treasury and Investor Relations. She replaces John Barresi, who resigned from the company effective June 10, 2022 to pursue another opportunity.

Finance 310
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From stock levels to financing: How interest rate hikes impact retail

Inside Retail

This was arguably felt in December 2022, which saw a 3.9 Partner at accounting firm Pitcher Partners Mark Harrison believes rising interest rates can also make it harder for retailers to obtain finance, as businesses are assessed as having a lower capacity to borrow funds. per cent drop in consumer spending.

Finance 246
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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

2, 2022, which will allow her to stay through the retailer’s Q3 2022 financial reporting. 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

Finance 265
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What Is Purchase Order Financing?

Small Biz Trends

If it does, then purchase order financing or PO financing is just the solution to quickly get the much-needed money to fulfill those orders. In this article, you will learn what purchase order financing exactly is, how it works, and the top purchase order financing companies, let’s dive in.

Finance 111
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Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

Dollar General has promoted John Garratt to President and CFO, effective September 1, 2022. 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. and net sales up 9% to $9.4

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Torrid Continues Building Out Executive Team With New COO/CFO and CTO Hires

Retail TouchPoints

Plus size retailer Torrid has named Tim Martin to the role of COO and CFO, effective September 12, 2022. Martin brings 25 years of retail experience, most recently as EVP and CFO of Guitar Center , where he was responsible for accounting and finance, real estate, sourcing, distribution and logistics.

Finance 236