Financial/Banking

Tiffany on hunt for new CFO
The chief financial officer of Tiffany & Co. is stepping down. The high-end jeweler disclosed in a regulatary filing that CFO Ralph Nicolette is resigning, effective May 20, 2016. Nicolette, who was appointed to the position In April 2014, is leaving to become CFO of consumer products company Newell Brands Inc. (Newell was formerly known as Newell Rubbermaid.) Prior to Tiffany, Nicolette was CFO of Cigna Corp., and Alberto Culver.
Trump: Amazon has “huge” antitrust problem
Presumptive Republican presidential nominee Donald Trump is no fan of Amazon, its founder and CEO Jeff Bezos, and The Washington Post, which Bezos also owns. Trump told Fox News personality Sean Hannity that "Amazon is getting away with murder, tax-wise. He's using The Washington Post for power so that the politicians in Washington don't tax Amazon like they should be taxed.”

Brixmor names another exec ahead of RECon

Mark Horgan has been named executive vice president and chief investment officer at Brixmor Property Group and been give a wide range of responsibilities as the newest member of a revamped senior leadership team.
When it comes to payments, cash and cards still reign supreme

When it comes to payments, cash and cards still reign supreme. But one digital alternative is not far behind. Those are among the key findings of a new study, “How America Pays,” by Blackhawk Network, that surveyed more than 1,000 Americans in March 2016 to examine preferences for traditional and emerging payments tools and the role payments play in consumers’ purchasing decisions.
In the Mix(ed Use) at RECon

ICSC’s annual RECon convention has long been a rite of spring for many real estate professionals. For three decades, RECon has brought dealmakers and decision-makers to Las Vegas, and today the event regularly attracts more than 30,000 attendees.
Wal-Mart sues Visa over chip-enabled debit cards signature verification

Wal-Mart Stores filed a lawsuit against Visa Inc., saying the payments network wants it to verify transactions made with debit cards with signatures rather than the chip-and-PIN protocol, Bloomberg reported.
Wal-Mart sues Visa over chip-enabled debit cards signature verification

Wal-Mart Stores filed a lawsuit against Visa Inc., saying the payments network wants it to verify transactions made with debit cards with signatures rather than the chip-and-PIN protocol, Bloomberg reported.
Report sees return to “less exuberant” retail M&A market

The mergers and acquisitions market in consumer-retail overall will be active in 2016, but will also return to a more rational market with better balance between buyers and sellers and more reasonable deal values for higher-risk acquisitions.
CEO of Claire’s Stores resigns; replaced by industry vet

Beatrice Lafon, the CEO of teen accessories retailer Claire's Stores, has resigned and been replaced by a current member of the board, according to a Securities and Exchange Commission filing.
What keeps small retailers up at night …

Tiffany on hunt for new CFO

Trump: Amazon has “huge” antitrust problem

Brixmor names another exec ahead of RECon

When it comes to payments, cash and cards still reign supreme

In the Mix(ed Use) at RECon

Wal-Mart sues Visa over chip-enabled debit cards signature verification

Wal-Mart sues Visa over chip-enabled debit cards signature verification

Report sees return to “less exuberant” retail M&A market

CEO of Claire’s Stores resigns; replaced by industry vet

What keeps small retailers up at night …