by Mike Duff | Aug 12, 2024 | Retail Articles
The ODP Corp. posted second-quarter sales and earnings below expectations, reflecting fewer retail locations in operation and cautious spending by businesses and consumers. Net loss from continuing operations was $4 million, or 12 cents per diluted share, versus net...
by Mike Duff | Feb 29, 2024 | Retail Articles
ODP Corp., parent of Office Depot and OfficeMax, registered a beat on earnings in the fourth quarter while announcing Project Core, a move to streamlining operations, reemphasize the main business and increase shareholder returns. Net loss from continuing operations...
by Peter Giannetti | Jan 9, 2024 | Beverageware, Dinnerware, Flatware, Home + Housewares, Serveware, Tableware
Fortessa Tableware Solutions named company veteran Jeff Smith president and CEO, effective March 1, 2024. Smith has been with Fortessa for nearly two decades, most recently serving as COO and CFO. Fortessa founder Scott Hamberger will be transitioning to the position...
by Mike Duff | Aug 9, 2023 | Retail Articles
The ODP Corp., parent of Office Depot, beat a Wall Street earnings estimate, although second-quarter revenue didn’t meet expectations. Net income from continuing operations was $34 million, or 87 cents per diluted share, versus $20 million, or 39 cents per diluted...
by Mike Duff | May 15, 2023 | Retail Articles
Nordstrom has appointed Cathy Smith as chief financial officer, effective May 29, it has announced. Smith joins Nordstrom from Bright Health Group where she was chief financial and administrative officer. She will supervise financial planning and analysis, accounting,...
