Content about CFOS

February 13, 2013

Extended store hours Thanksgiving weekend promotions were the least successful holiday marketing tactics, according to a survey of retail CFOs by BDO USA.

Chicago -- Extended store hours Thanksgiving weekend promotions were the least successful holiday marketing tactics, according to a survey of retail CFOs by BDO USA. The also report found that, following uneven sales results in December and January, the executives are moderating their expectations for 2013, projecting a 3.2% increase in total store sales, down from last year’s expected 4.5% increase.

October 12, 2011

A report released Wednesday by GE Capital found that the majority of retail CFOs are fairly optimistic about their industry, even though the outlook for the economy has soured.

Norwalk, Conn. -- A report released Wednesday by GE Capital found that the majority of retail CFOs are fairly optimistic about their industry, even though the outlook for the economy has soured.

According to the GE Capital Middle-Market CFO Survey, 58% of retail CFOs believe their revenues will increase in 2011. However, that has dropped from 80% in the first quarter. Less than half – 42% -- expect to increase capital expenditures, up from 38% in the first quarter.

October 7, 2011

Although many CFOs have sustainability on their screens, some have yet to fully engage with the new risks – and opportunities – that the "sustainability imperative" presents, according to a survey conducted by Deloitte.

New York City -- Although many CFOs have sustainability on their screens, some have yet to fully engage with the new risks – and opportunities – that the "sustainability imperative" presents, according to a survey conducted by Deloitte.

The study, “Sustainable Finance: The risks and opportunities that (some) CFOs are overlooking,” finds there is considerable opportunity for CFOs to shape their companies' strategic responses to sustainability issues.

Among its key findings:

September 26, 2011

Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA.

Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA. While the number reflects the study’s most optimistic sales forecast since 2007, it is down from the 4.7% sales increase reported by the Commerce Department in 2010.

September 23, 2011

Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA, LLP.

Chicago -- Amid economic uncertainty and low consumer confidence levels, retail CFOs are expecting a 3% increase in total 2011 sales, according to a recent survey by BDO USA, LLP. While the number reflects the study’s most optimistic sales forecast since 2007, it is down from the 4.7% sales increase reported by the Commerce Department in 2010.

June 8, 2011

Retail CFOs of U.S. middle-market companies are becoming more optimistic concerning the state of the industry, according to the latest GE Capital survey of retail CFOs of companies with revenues ranging from $50 million to $1 billion.

Norwalk, Conn. -- Retail CFOs of U.S. middle-market companies are becoming more optimistic concerning the state of the industry, according to the latest GE Capital survey of  retail CFOs of companies with revenues ranging from $50 million to $1 billion.

Half (50%) of the surveyed CFOs plan to replace old equipment with newer, more efficient equipment as a way of improving operational efficiencies. The second most anticipated initiative to improve operational efficiency among the CFOs was a reduction in the number of suppliers (24%).

October 3, 2010

Chief financial officers at leading U.S. retailers expect a 1.95% increase in overall sales for...

September 14, 2010

According to a study released Wednesday by accounting and consulting firm BDO USA, LLP, 82%...

September 14, 2008

About 69% of CFOs at leading U.S. retailers are worried about tax reform as a...