All Retail articles – Page 8
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How some companies are hedging supply chain risk during pandemic
As financial hardships caused by the coronavirus pandemic take their toll, some forward-thinking companies have made changes to the benefit of suppliers, serving as leaders for others in their industry.
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The seven worst compliance fails of the coronavirus pandemic
Compliance and ethics fails during the coronavirus pandemic have done more than hurt companies’ images. They’ve cost lives.
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European regulators warn coronavirus villains will be punished … eventually
While EU regulators have not engaged in investigations yet or launched many (or any) coronavirus-related enforcement actions, lawyers warn they will do so later down the line and believe they will tackle “worst offenders” first.
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SFO: Tesco concludes three-year DPA for accounting scandal
The U.K. Serious Fraud Office announced British supermarket chain Tesco Stores has fulfilled the terms of its 2017 deferred prosecution agreement resulting from an accounting fraud scandal.
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Sally Beauty tabs chief accounting officer
Salon retailer Sally Beauty Holdings announced the appointment of Marlo Cormier as senior vice president - finance and chief accounting officer.
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Signet Jewelers names accounting chief
Signet Jewelers announced the appointment of Vincent Ciccolini as chief accounting officer in a recent regulatory filing.
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For some companies in the age of coronavirus, ethics pays
Despite slow governmental response to the coronavirus outbreak that is grinding the world economy to a halt, several businesses have decided it is worth going above and beyond to help customers and employees.
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Pier 1 Imports quietly names new general counsel; files for bankruptcy
Without any official announcement, Pier 1 Imports has named Ray McKown as its new general counsel and corporate secretary, days before the home furnishings and decor company filed for bankruptcy.
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Guaranteed Rate hires chief risk officer
Guaranteed Rate, one of the largest retail mortgage lenders in the nation, announced the appointment of industry veteran Joseph Grassi as chief risk officer.
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Coronavirus impact: How tech, medical, retail industries are responding
Surrounded by uncertainty, the coronavirus outbreak has quickly catapulted high on the list of hot risk topics for business leaders everywhere.
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CCPA cited in Hanna Andersson/Salesforce breach lawsuit
A lawsuit filed against online retailer Hanna Andersson and its e-commerce platform Salesforce is among the first to cite the fledgling California Consumer Privacy Act in its judgment sought.
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Nordstrom discloses new accounting chief
Luxury retailer Nordstrom, in a filing with the Securities and Exchange Commission, announced the appointment of Michael Maher as chief accounting officer.
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Study: Adopting lease accounting could hurt stock prices
A new study from Florida International University professors says retailers such as Urban Outfitters, Foot Locker, and Abercrombie & Fitch—that have a significant use of operating leases—reported abnormal stock returns when they disclosed earnings.
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Respected compliance thought leader Robert Bostrom dies
Robert Bostrom, who was named chief legal and compliance officer and corporate secretary for Pier 1 Imports this time last year, has passed away.
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British retailer Dixons fined for pre-GDPR breach
The ICO has fined Dixons Carphone for failing to take “basic, commonplace” security measures that would have alerted it to one of the country’s worst cyber-attacks.
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Under Armour stealthily hires new accounting chief amid probes
Sports apparel company Under Armour made an under-the-radar executive change in November, hiring Aditya Maheshwari as chief accounting officer weeks after acknowledging a federal probe into its accounting practices.
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Wawa data breach part of ‘concerning’ industry trend?
While Wawa continues to investigate the source of a widespread data breach that put thousands of customers at risk, its connection to a recent Visa alert suggests other retailers should be on the lookout for similar threats to their cyber-security infrastructure.
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Apple, Walmart among compliance winners of 2019
Strong social stances, a dedication to doing what’s right, and leading by example highlight the qualities exemplified by our list of ethics and compliance winners of 2019.
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Widespread Wawa data breach puts thousands at risk
Convenience store chain Wawa announced it has suffered a massive data breach that has affected “potentially all” of its store locations, compromising the debit and credit card information of thousands of customers.
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Bed Bath & Beyond ousts general counsel amid shakeup
Bed Bath & Beyond announced an extensive restructure of its leadership team, including the departure of six senior members. Among those gone is Chief Legal Officer and General Counsel Allan Rauch.