Nordstrom CFO Anne Bramman to Leave the Company

finance chief is stepping down as the retailer confronts industrywide pressures including soft consumer spending and high inventory levels.

Nordstrom didn’t immediately respond to a request to make Ms. Bramman and Mr. Maher available for an interview. The company has begun an internal and external search to permanently fill the finance executive position, it said. Nordstrom is looking for ways to reduce its inventory levels, Mr. Nordstrom said during an earnings call in late August. Merchandise inventory levels increased 9.9% from a year ago, to around $2.4 billion, although they were lower than the previous quarter. “Managing our inventory levels conservatively will allow us to be more agile in responding to a rapidly changing business environment,” said Pete Nordstrom, the company’s chief brand officer.

Well maybe don’t sell a shirt for $200

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Peloton's top human resources executive is leaving the companyPeloton Chief People Officer Shari Eaton is leaving the company to pursue another opportunity. Every HR person is a Toby......prove me wrong
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Beyond Meat exec Doug Ramsey, accused of biting a man's nose in September, leaves companyDoug Ramsey, 53, was arrested in September after police said he assaulted another man following an Arkansas Razorbacks college football game. In biting the other man's nose, he went Beyond Booger. So much for being meat-free. Is there anything like it?
مصدر: USATODAY - 🏆 100. / 63 اقرأ أكثر »

Trimble Inc. moves HQ from Sunnyvale to Colorado, but keeps Bay Area presence - Silicon Valley Business Journal'Sunnyvale will continue to be the center for technology development across a range of areas critical to Trimble's success going forward,' said Trimble CEO Rob Painter.
مصدر: svbizjournal - 🏆 334. / 59 اقرأ أكثر »