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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 278
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Rothy’s Names New CEO and President as Co-Founders Move Up

Retail TouchPoints

She also served as President and CEO of Charlotte Russe from 2009 to 2019 and has served on the boards of companies including Kendra Scott, Levi Strauss & Co. She will continue to oversee the deployment of growth capital and manage Rothy’s finance, logistics, data analytics, retail, international and technology divisions.

Finance 264
Insiders

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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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Primark boss resigns after investigation into ‘error of judgement’

Retail Gazette

Marchant, who joined Primark in 2009, will be replaced by ABFs finance chief Eoin Tonge on an interim basis and the groups financial controller Joana Edwards will be the interim finance director. Acting responsibly is the only way to build and manage a business over the long term.

Finance 59
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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. in real estate transactions, particularly in the South Florida market.

Planning 246
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Exclusive CEO Q&A: How Hand & Stone Massage Kept Growth Going Even During Shutdowns

Retail TouchPoints

Todd Leff: It was an interesting time, right at the height of the financial crisis in 2009. What are some other key management principles that have helped? RTP: Hand & Stone has been able to hold on to a high percentage of its membership, even when locations had to shut down and consumers have had a lot of worry over finances.

Location 205
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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. France’s sixth largest retailer Casino has just finalised a debt restructuring to avert bankruptcy.

Finance 130