Corporate Governance

Company HQ: Cincinnati, Salt Lake City, New York City and Atlanta

Company Website: www.phillipsedison.com

While mobile payments are increasing, cash receipts still remain a healthy percentage of total sales and aren’t going anywhere anytime soon. Fifth Third Bank’s John Bultema discusses the proper management of cash in retail stores and solutions aimed at improving store efficiency and reducing costs.

What is the current status of cash handling in retail stores? Are cash receipts in stores on the decline?

For Toys “R” Us chairman and CEO David Brandon, it’s all about having a successful holiday in 2015 — a short-term goal that he believes will pave the way to leveraging longterm opportunities.

What year did you attend your very first SPECS?

Developer: National Realty & Development Corp.

Company HQ: Purchase, New York

Project Location: Middletown, New Jersey

Project Size: 380,000 sq. ft.

Project Status: Opening 2017

Project Website: www.shoppesatmiddletown.com

Holiday is going to have a new look this year, as retailers take a different approach to the shopping season. As a result of consumers’ overwhelming focus on price, online shopping and free shipping incentives, retailers have been forced to rethink their strategies. As part of our ongoing series of retail industry surveys, HRC Advisory recently spoke with over a dozen top U.S. retailers to gauge what’s to come for the 2015 holiday season.

Taking the reins of Toys “R” Us in July 2015, new CEO and chairman David Brandon recognized one of the biggest challenges he faced would be inspiring others to execute his vision of what the company could be. The retailer had gone through a decade of leadership changes, and Brandon was well aware that frequent executive changes, strategic shifts and cost-cutting can cause stress and a lack of trust.

Company HQ: New York City

Company Website: www.olshanproperties.com