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Finance & Capital Management

  • RPAI names GGP exec as CFO

    Oak Brook, Ill. – Retail Properties of America Inc. (RPAI) has named Heath R. Fear as its new CFO and treasurer, effective Aug. 17. Fear will play a key role in the continued execution of the company’s portfolio and balance sheet strategy, in addition to oversight of all of financial activities, including capital markets, accounting, investor relations, internal audit, internal reporting and treasury.

  • Target opens Cyber Fusion security center

  • Walmart hatches an exceptional partnership

    Months after urging its food producers to improve their animal welfare practices, Walmart has decided to expand distribution of the leading free range egg brand in the U.S.

    The happy egg co. is the only U.S. egg brand that is 100% free range with a hen welfare program that covers everything from living conditions to feed to the expertise of the caregivers. To continue its mission of providing humanely produced eggs at an affordable price to consumers nationwide, the happy egg co. says it will now be available in 1,600 Walmart retail locations throughout the U.S.

  • Starbucks adds 50 million shares to repurchase plan

    Seattle - Starbucks Corp. is looking to increase its corporate ownership stake. The retailer has authorized the repurchase of an additional 50 million shares of the company's common stock under its ongoing share repurchase program.

    This authorization has no expiration date and is in addition to the 11 million shares that remained available for repurchase as of June 28, 2015 under an existing authorization.

  • Lowe’s Canada keeps growing

    Lowe's Canada announced that in addition to completing the acquisition of 12 former Target sites, the company also plans to open two more locations in Ontario. Construction is currently underway in Ancaster and Mississauga, representing an additional investment in excess of approximately $38 million (C$50 million.)

  • Resolving Ongoing Inventory Issues from West Coast Port Disputes, Harsh Winter

    Though it’s been months since the West Coast port disputes were in the headlines, retailers are still struggling to return inventory levels back to normal after the incident and an abnormally long, cold winter resulted in serious supply chain and inventory disruptions.

  • Tech Bytes: Data Security: Two Don’ts and One Do

    Data security has been a hot topic in the world of retail IT lately. Based on some recent retail data security-related news items, I have compiled a list of two don’ts and one do when it comes to securing your data.

    Don’t outsource whole portions of your e-commerce platform

  • Progressive purchase propels profit at Aaron’s

    Atlanta – The addition of income from Progressive Holdings LLC, as well as the elimination of expenses related to the April 2014 purchase of Progressive, propelled strong profit growth at Aaron’s Inc. The rent-to-own retailer reported net earnings of $40.5 million in the second quarter of fiscal 2015, almost five times the $8.5 million earnings reported the same quarter a year earlier.

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