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Retail sales exceed forecasts, highlighting steady consumer-fueled growth

CFO Dive

Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.

Sales 276
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Walmart bets on digital retail future, CFO says

CFO Dive

The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

Retail 281
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Trending Sources

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Retail Lobby: “We Lied About Organized Theft”

Barry Ritholtz

billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” That line is just another in a long series of falsehoods put forth by the professional b *s at the National Retail Federation. This costs retailers anywhere between $15-20 billion annually in the US. No, “ nearly half ” of $94.5

Retail 141
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Retail as a Service

Barry Ritholtz

I want to float a new concept to CRE owners: Retail as a Service (RaaS). Not just the upper floors that tenants rented, but the ground floor retail as well.2 A fully occupied office tower could be counted on to provide enough foot traffic to support a retail store, coffee shop or restaurant.

Retail 76
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Superdry CFO to depart as UK retailer warns of rough market conditions

CFO Dive

The departure marks the fourth finance chief to leave the troubled retailer in a half-decade.

Retail 231
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Retail sales rise, riding wage gains, strong job market

CFO Dive

Surging borrowing costs and declining pandemic-era savings have not triggered a downturn in retail spending.

Retail 240
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Nordstrom CFO latest retail exec to step down

CFO Dive

Nordstrom’s CFO is stepping down as retail financial leaders battle profit pressures, a glut of inventory and rising costs.

CFO 259