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Finance & Capital Management

  • Amazon shows why it’s every retailer’s nightmare

    It was a happy holiday season at Amazon.com where fourth quarter profits more than doubled, sales increased 22% and the company handily surpassed annual sales of $100 billion for the first time.

    Amazon.com said its net sales increased 22% to $35.7 billion in the fourth quarter ended Dec. 31, 2015, compared with $29.3 billion in fourth quarter 2014. With a $1.2 billion unfavorable impact from year-over-year changes in foreign exchange rates, fourth quarter sales would have increased 26%.

  • Cash Recyclers are a Game-Changer

    When one looks at the hot topics in retail today, no shortage of economists, journalists, industry thought-leaders and technology pundits are talking about the future of payments. One topic that many aren’t really discussing is managing large volumes of cash receivables.
     

  • European grocer gears up for U.S. expansion

    German discount supermarket chain Lidl has revealed where it will drop its anchor in the United States.

    The retailer revealed on its website that it is seeking locations between New Jersey and Georgia. It said it is looking to build stand-alone, 36,000-sq.-ft. stores on sites that are at least 3.5 acres with a minimum of 150 parking spaces.

  • Tiffany smells growth with Coty fragrance deal

    Tiffany & Co. has come up with a new way to showcase its brand and it has nothing to do with jewelry.

    The retailer announced it has entered into an agreement with Coty for the development, production and distribution of a new line of Tiffany fragrances for both women and men, to be sold at Tiffany & Co. stores as well as at other select luxury retailers.

  • Warm weather costly for Tractor Supply; growth plans intact

    The nation’s largest rural lifestyle retailer had previously warned that warm weather caused weaker-than-expected fourth quarter sales and it quantified the impact on profitability with the release of full financial results on Jan. 27.

  • Johnny Rockets names casual dining vet as CFO

    Johnny Rockets, the franchisor and operator of Johnny Rockets restaurants, has named Susanne Stover as its CFO and member of its executive team. Stover will be reporting directly to CEO Charles Bruce, and will lead and implement strategies to drive growth and a financial infrastructure.

    Stover is no stranger to the casual dining segment. She has held leadership positions as the CFO for the Rosa Mexicano restaurant chain and controller at the casual dining restaurant chain California Pizza Kitchen.

  • eBay grows modestly in fourth quarter

    The eBay platform facilitated commerce of nearly $22 billion in the fourth quarter, a 5% increase, and counted roughly 265 million transactions during the holiday season.

  • eBay grows modestly in Q4

    The eBay platform facilitated commerce of nearly $22 billion in the fourth quarter, a 5% increase, and counted roughly 265 million transactions during the holiday season.

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