-
Creating an Effective Process for Returns in Omnichannel Retail
With the major selling holidays now behind us, retailers are preparing to handle the onslaught of returns that began on Dec. 26 and continue well into the first few weeks of the New Year.
In fact, according to the National Retail Federation’s “2014 Consumer Returns in the Retail Industry,” the amount of holiday merchandise returned to stores last year amounted to $68.9 billion.
-
Former Home Depot exec named CFO at Hancock Fabrics
Rebecca Flick has joined Hancock Fabrics, a struggling operator of 260 stores, as CFO after spending 14 years early in her finance career with the Home Depot.
Flick was named CFO effective Jan. 4, to fill a position that had been held on an interim basis since August 2015 by O. Pierce Crockett, Hankcock’s divisional VP and controller. Crockett stepped in to lead the finance group after James Brown resigned as CFO after holding the post for less than two years.