Content about Finance

April 3, 2014

Cardtronics has extended its ATM services agreement with Walgreens, the company announced. Cardtronics is a preferred provider of ATM services for Walgreens.

March 31, 2014

Leading global cooler manufacturer Igloo was acquired by Washington, D.C.-based private equity firm ACON Investments from Connecticut-based private equity firm J.H. Whitney.

March 27, 2014

Restoration Hardware Holdings chairman and CEO Gary Friedman lauded the company’s performance in the fourth quarter and fiscal 2013, saying that RH continued to outperform the home furnishings industry by a wide margin.

March 20, 2014

With technology continuing to reshape the store experience, global retail real estate leader Simon Property Group is upping its digital game with the creation of a new venture capital group.

March 10, 2014

According to reports, eBay is urging shareholders to reject a slate of board members nominated by activist investor Carl Icahn and instead support nominees picked by the company.

March 7, 2014

Big Lots has elevated CFO Timothy A. Johnson’s to EVP, CFO. Johnson has served as financial chief since 2012 with primary responsibility for all financial disciplines within the company including financial reporting and controls, treasury, risk management, tax, internal audit, financial planning and analysis and investor relations.

March 7, 2014

Coupons.com has gone public. The digital promotional platform has priced its initial public offering of 10,500,000 shares of common stock at $16 per share, which is above the reported expected range of $12 to $14.

March 5, 2014

The National Retail Federation has issued a statement for a hearing on data security being held by the House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit, reiterating the retail industry’s commitment to protecting Americans’ financial information.

February 13, 2014

Ed Record, a former finance executive with Stages stores, Kohl’s, Belk and Federated was appointed to replace Ken Hannah as CFO at J.C. Penney.

February 10, 2014

Overstock.com SVP Stephen Tryon has resigned from his position to pursue interests related to his book, "Accountability Citizenship."

February 10, 2014

Hudson’s Bay CFO Michael Culhane has resigned his spot following a leave of absence from the company. The news comes two weeks after the company brought in Douglas Scovanner as EVP of finance and accounting on an interim basis to support company president Donald Watros, who assumed the role of acting CFO.

February 6, 2014

CVSL is a growing group of micro-enterprise companies that connect social media networks into an ever-expanding virtual community of social commerce, and it has just named Richard Holt as VP of finance and controller.

February 6, 2014

CVSL is a growing group of micro-enterprise companies that connect social media networks into an ever-expanding virtual community of social commerce, and it has just named Richard Holt as VP of finance and controller.

February 5, 2014

Cabela’s has appointed Donna M. Milrod to its board of directors.

February 5, 2014

Cabela’s has appointed Donna M. Milrod to its board of directors.

February 3, 2014

Vera Bradley has restructured its executive team and promoted key figures, effective immediately.

January 28, 2014

Ross Stores has promoted Michael Hartshorn to CFO, retaining his SVP title, effective Feb. 2. Hartshorn will be responsible for the accounting, treasury, financial planning, tax, risk management and investor relations functions.

January 27, 2014

Hudson's Bay Company has appointed Douglas Scovanner as EVP of finance and accounting, on an interim basis. Scovanner will support acting CFO with the day-to-day stewardship of the company’s financial planning, asset protection and accounting functions.

January 27, 2014

Hudson's Bay Company has appointed Douglas Scovanner as EVP of finance and accounting, on an interim basis. Scovanner will support acting CFO with the day-to-day stewardship of the company’s financial planning, asset protection and accounting functions.

January 24, 2014

Campbell Soup Company has named SVP of finance Anthony P. DiSilvestro as SVP and CFO, effective May 1. He succeeds B. Craig Owens, CFO and chief administrative officer since 2008, who plans to retire on that date.

January 22, 2014

In a letter to congressional leaders, the National Retail Federation underscored the retail industry’s commitment to protecting sensitive consumer data in the wake of the recent international cyber attacks and thefts.

January 13, 2014

RadioShack is enlisting specialty retail industry veteran John W. Feray to help the company execute its turnaround strategy and has appointed him EVP and CFO effective Feb. 6.

January 2, 2014

Private equity firm Bain Capital concluded 2013 with the acquisition of Bob’s Discount Furniture, an operator of 47 stores in the Northeast that is intent on expansion.

December 30, 2013

A search is underway for a new CEO at Crocs following an investment by private equity firm Blackstone and ongoing sales and profitability challenges which could see the funky footwear maker open fewer stores.

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