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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. Most recently, she was Chief Administrative Officer and CFO at Bright Health Group. Morris’ most recent role was as SVP of Enterprise Business Services at Walmart.

Finance 308
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Former Steinhoff leader found dead after massive fine levied

Inside Retail

Jooste, aged 63, was charged for making false and misleading Steinhoff’s financial statements between 2014 and 2017, according to the Australian Financial Review (AFR). The death took place at his home town in Hermanus. Previously, he was also fined $1.6 million for insider trading.

Insiders

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Bain Capital sells Boost Juice, Betty’s Burgers parent

Inside Retail

We were attracted by Retail Zoo as a strong platform in the food retail sector, with market-leading brands in Boost and Betty’s,” said Georgina Varley, MD at Adamantem. Its burger chain business Betty’s, which accounts for 56 per cent of the company sales, has grown from eight stores to 54 over the past five years.

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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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Q&A: Richard Murray reflects on 17 years at JB Hi-Fi

Inside Retail

Richard Murray has been the CEO of Australian electronics giant JB Hi-Fi since 2014, but this week, he has left the electronics company to become CEO at retail business Premier Investments, parent company of Just Group, Smiggle and Peter Alexander. . I started at JB when I was 26. You were at JB for a long time.

ATS 246
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Report: BNPL Vendor Shares Fall as Apple Prepares to Enter the Space

Retail TouchPoints

Apple is a giant in the payments market, with Apple Pay growing to be accepted at 85% of U.S. retailers since its launch in late 2014. Apple is hopping into the arena at a good time: BNPL usage jumped nearly 78% in 2020 to account for 1.6% PayPal stumbled as well on July 13, but the company rallied back to just a 0.6%

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Beekman 1802 Takes Live Shopping Program to the Next Level with NYC Event

Retail TouchPoints

Beekman 1802 holiday pop-up at Live Rocket Studios. Beekman 1802 holiday pop-up at Live Rocket Studios. Beekman 1802 holiday pop-up at Live Rocket Studios. Goat milk skincare brand Beekman 1802 took off in 2014 when it debuted on QVC and HSN. The event featured a number of deals and holiday gifts exclusive to Live Rocket.

Shopping 241