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International Business

  • Retail CFOs: The Chief Executive’s New Consigliore

    With the retail environment changing so rapidly today, and technology impacting everything a store does, the role of the chief financial officer has become more important than ever. When I started recruiting in 1990, the business was much simpler — we hired retail executives based on a linear skillset and departments operated in individual silos. Today, it is much more complex, as the C-suite works in collaboration to keep up with an increasingly savvy consumer.

    So, what then do you look for in a CFO today?

  • Ex-Walmart, Sears exec joins Conn's board

    Conn's is adding two independent directors with deep retail expertise to its board.

    The company announced that James Haworth and Oded Shein have been appointed as independent directors.

    “Jim and Oded are proven leaders with more than a half century of combined retail experience,” said Theodore M. Wright, non-executive chairman of the board, Conn’s. “They add even greater depth to our Board as we continue implementing Conn’s strategic plan.”

  • Publix looking to enter D.C. market

    Publix has hired a broker and is actively looking for sites in the Washington, D.C., area, according to a new report. 

    The Washington Business Journal reported that the Florida-based grocery chain had a booth at the International Council of Shopping Centers’ Mid-Atlantic Dealmaking and Conference last week in Southern Maryland.  Publix spokeswoman Kim Reynolds told the publication that indeed, the chain is looking to open stores throughout Virginia, including in Northern Virginia. 

  • Korean beauty retailer sets up shop in the United States with more stores to come

    Photo: Aritaum, H-Mart, Ridgefield, New Jersey

  • Target gets one step closer to accelerator launch

    Target Corp. has reached an important milestone in its journey to launching a new retail accelerator in partnership with Boulder, Colorado-based start-up accelerator Techstars.

    Target initially announced the new accelerator, expected to launch in June 2016, last October. The retailer has now closed the application process, after receiving applications from more than 500 technology start-ups in 45 countries and 32 states. Ideas submitted include connected toys and virtual fitting rooms.

  • Hot Canadian brand signs lease for first U.S. store

    A popular goose has found a nest in Manhattan’s SoHo neighborhood.

    Canada Goose, best known for its signature goose-down jacket with Arctic Circle logo and fur-trimmed hood, has signed a lease for an approximate 4,400-sq.-ft. store on Wooster Street, The Real Deal reported. The asking rent for the space, according to the Real Deal, was $550 a foot.

  • Amazon could prevail in Target non-compete dispute

    Photo: Arthur Valdez

  • This American retailer is joining a select group

    Tommy Hilfiger will be inducted into the World Retail Hall of Fame at the 10th Annual World Retail Congress, to be held at the Madinat Jumeirah in Dubai on April 12-14.

    Hilfiger introduced his signature collection in 1985. Since then, the business has grown from a single menswear collection to a global lifestyle brand achieving over $6.7 billion in retail sales in 2014. There are over 1,400 Tommy Hilfiger stores in over 115 countries.

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