All Retail articles – Page 7
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Advance Auto Parts appoints chief accounting officer
Advance Auto Parts has appointed William Pellicciotti senior vice president, controller and chief accounting officer, effective Jan. 24.
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Edgewell Personal Care names chief accounting officer
Consumer products company Edgewell Personal Care has named Priscilla Kasenchak chief accounting officer.
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Rite Aid hires chief ethics and compliance officer
Drugstore chain Rite Aid has added LaShon Kell as senior vice president, chief ethics and compliance officer.
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FRC 2022 reviews to focus on climate risks, fraud
The U.K. Financial Reporting Council will prioritize climate-related financial disclosures in company accounts and climate risks in audits as key areas of supervisory focus for 2022/23.
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Casey’s adds former Office Depot CCO as chief legal officer
Convenience stores chain Casey’s General Stores has named Katrina Lindsey chief legal officer and corporate secretary.
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Sequential Brands avoids fine in SEC goodwill impairment case
Sequential Brands won’t be fined as part of a settlement with the SEC over charges it violated accounting principles in securities law when it did not acknowledge goodwill impairment that eventually landed on its balance sheet as a $304 million write-down.
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FTC targets Walmart, Amazon, and more for study into supply chain disruptions
The Federal Trade Commission is ordering nine large retailers, wholesalers, and consumer goods suppliers to provide wide-ranging information as part of a study the agency is conducting into the causes behind ongoing supply chain disruptions.
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How agile companies succeed in the throes of supply chain woes
In the midst of unimaginable global supply chain chaos, leading companies are adjusting their supply chains in a variety of ways, turning disruption into competitive advantage.
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Ex-Walmart CECO joins McKinsey as chief compliance officer
Daniel Trujillo, the former executive vice president and global chief ethics and compliance officer at Walmart, announced his joining management consulting firm McKinsey & Co. as chief compliance officer.
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FRC investigating Mazars over French Connection audit
The U.K. Financial Reporting Council has begun an investigation into Mazars concerning its audit of financially ailing retail company French Connection Group, which has just been sold.
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Neiman Marcus data breach exposes personal info of 4.6M customers
Luxury retailer Neiman Marcus discovered last month a May 2020 data breach that exposed personal and financial information contained in the online accounts of approximately 4.6 million customers.
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GameStop CECO named interim general counsel
Mark Robinson, GameStop’s chief ethics and compliance officer, has been promoted to serve as the company’s interim general counsel.
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Attracting top talent post-COVID means living employee values
In emerging from the pandemic, the hiring landscape has changed. The companies to thrive in this environment will be the ones that quickly adapt and recognize the kind of care and attention their employees need.
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Walmart adds ex-DOJ attorney as chief ethics and compliance officer
Walmart announced the appointment of Matt Miner, the “architect” of the Justice Department’s Evaluation of Corporate Compliance Programs guidance, as executive vice president and global chief ethics and compliance officer.
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Judge dismisses CCPA-related lawsuit against Walmart
A federal judge in California dismissed a lawsuit alleging a data breach at Walmart was a violation of the California Consumer Privacy Act, noting the plaintiff failed to prove a breach occurred.
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Amazon discloses record-shattering $887M GDPR fine
Amazon disclosed it has received notice of a €746 million (U.S. $887 million) GDPR fine in Luxembourg for unlawful processing of personal data. The company intends to appeal the penalty, which would be more than 15 times the current record under the law.
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Victoria’s Secret adds VP of ethics and compliance
Victoria’s Secret, a clothing retailer under the L Brands umbrella, has added industry veteran Forrest Deegan as vice president, ethics and compliance.
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ICFR failures cost Tandy Leather in SEC settlement
Tandy Leather Factory and its former CEO have agreed to pay a total of $225,000 as part of a settlement with the SEC to resolve charges of inaccurate financial reporting caused by a faulty inventory tracking system.
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Neiman Marcus hires chief legal and compliance officer
Luxury retailer Neiman Marcus Group announced the appointment of Hannah Kim as chief legal officer, corporate secretary, and chief compliance officer.
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Big week for breaches: McDonald’s, Carnival, and more
Multiple high-profile companies—including Carnival, Wegmans, McDonald’s, Volkswagen, and CVS—have confirmed in recent days they were either victims of a data breach or were alerted to a gap in their security controls.