-
Lucernex, NRTA survey: Retailers not yet acting on FASB changes
Dallas -- A survey released by Lucernex Technologies that polled the National Retail Tenants Association members about preparedness for the upcoming FASB changes found that, for the most part, retailers are generally not ready for the new rules to take effect.
In the NRTA membership survey “FASB Preparedness in the Retail Industry,” five key findings were revealed:
-
Skechers implements Oracle applications
New York City -- Footwear manufacturer and retailer Skechers U.S.A. said Tuesday it has upgraded and expanded its Oracle Applications investment, implemented Oracle Database and moved to Oracle On Demand to support rapid growth across its retail and wholesale channels.
The new business information systems are part of a larger initiative for the billion-dollar-plus footwear company to fuel growth, reduce total cost of ownership and enable the business to respond faster to market opportunities.