All Retail articles – Page 2
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News BriefFRC investigating EY audits of Made.com, unnamed firm
The U.K. Financial Reporting Council announced the launch of two separate investigations regarding audits performed by Big Four firm EY, including a probe into the 2021 financials of collapsed online furniture retailer Made.com.
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Blog
Lowe’s appoints chief legal officer
Retailer Lowe’s Companies announced the appointment of Juliette Pryor as executive vice president, chief legal officer and corporate secretary.
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Blog
Levi Strauss & Co. promotes deputy GC to general counsel
Clothing company Levi Strauss & Co. announced the promotion of Deputy General Counsel David Jedrzejek to general counsel.
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News BriefTupperware to delay annual report amid ICFR weaknesses
Tupperware Brands Corp. disclosed it uncovered material weaknesses in its internal control over financial reporting as part of an announcement its 2022 annual report would be delayed.
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News BriefDOJ intervenes in suit alleging Rite Aid helped fuel opioid crisis
The Department of Justice announced its intervention in a lawsuit alleging retail pharmacy chain Rite Aid filled hundreds of thousands of prescriptions for medically unnecessary oxycodone and other opioids in violation of multiple federal laws.
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Nike recruits ex-Twitter diversity head as chief DEI officer
Nike will fill its vacant chief diversity, equity, and inclusion officer role by hiring Twitter’s former DEI head James Loduca, according to a post on his LinkedIn profile.
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DLA Piper recruits CCO from Lidl US
Multinational law firm DLA Piper announced the appointment of Kristy Balsanek as partner in the firm’s regulatory and government affairs group.
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News BriefFRC probing PwC audits at collapsed property group Intu
The U.K. Financial Reporting Council launched an investigation into Big Four firm PwC’s audit work at collapsed real estate investment trust Intu Properties.
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Blog
FairPrice Group names first chief sustainability officer
Singapore-based grocery chain FairPrice Group announced the appointment of Chan Tee Seng as its first chief sustainability officer.
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CVS Health appoints chief DEI officer
CVS Health announced the appointment of Shari Slate as senior vice president and chief diversity, equity, and inclusion officer.
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PremiumEuropean labor laws showing teeth in crackdown on gig economy
Recent enforcement cases against food delivery company Glovo and online retailer Amazon in Spain have shone a spotlight on the compliance difficulties associated with engaging workers as freelancers rather than full-time employees.
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Etsy recruits general counsel from Meta
Online retailer Etsy announced the appointment of Colin Stretch as chief legal officer and corporate secretary.
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PremiumLearning from Wells Fargo: How Best Buy launched its enterprise risk and compliance function
Todd Hartman, general counsel and chief risk officer of Best Buy, shares the catalyst behind revamping the retailer’s second line of defense and the lasting benefits of separating compliance from legal.
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News BriefWalgreens to pay $7M for accepting alleged FCA violation proceeds
Walgreens agreed to pay $7 million to settle alleged violations of the False Claims Act that it overbilled the state of Tennessee’s Medicaid insurance program for Hepatitis C medications and kept the proceeds even after it discovered an employee’s misconduct.
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News BriefCalifornia AG launches CCPA violation sweep against mobile apps
The California attorney general announced his office notified an unspecified number of businesses with mobile apps they are failing to comply with the California Consumer Privacy Act.
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News BriefDrizly data security to be monitored for 20 years under FTC order
Online alcohol retailer Drizly and its chief executive officer agreed to data security requirements and to be assessed by an independent monitor for up to 20 years as part of a final settlement with the Federal Trade Commission over a data breach that impacted 2.5 million consumers.
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Article
NextPlat names chief compliance officer
Global e-commerce provider NextPlat Corp. announced the hiring of Robert Bedwell as chief compliance officer.
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ArticleSEC revokes securities of LegacyXChange for reporting failures
E-commerce platform operator LegacyXChange had its securities revoked by the Securities and Exchange Commission for failing to file required reports to the agency for four years.
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ArticleEx-Iconix CEO found guilty of accounting fraud
Neil Cole, the former CEO of Iconix Brand Group, faces possible jail time after his conviction of fraudulently inflating the brand management company’s revenue and misleading investors and auditors.
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Diebold Nixdorf promotes CECO to chief people officer
Retail technology company Diebold Nixdorf announced Chief Ethics and Compliance Officer Elizabeth Radigan has been appointed executive vice president and chief people officer.