Cosmetics brands that stock sales counters at department stores face a fresh wrinkle: fewer shops to sell their products as retailers shrink their physical footprint.
Tactics being employed include tapping firms that specialize in buying and holding inventory for other businesses, as well as more traditional measures such as borrowing against inventory to stay afloat.
Keurig Dr Pepper, which recently reaffirmed its full-year earnings guidance, says tracking how many pods are used to brew coffee in homes and other user tools are helping with its planning and financial forecasts.
Cash holdings have risen during the pandemic at some companies, and finance chiefs are looking for deals and ways to put their money to work.
Finance chiefs that steer companies through the restructuring process get a crash course on how to manage liquidity—and stress—when times get tough.
The company aims to sell more directly to shoppers, through both digital channels and its own stores.5
Honeywell International is looking for acquisition targets despite a sharp decline in revenue in the last quarter and a drop in demand in some business lines.
A year after he took over as CFO, Tim Stone is steering the auto company through an unexpected economic meltdown, but hasn’t let go of his goals of making Ford more agile and consumer-friendly.
Restaurant operators are responding to changing consumer tastes during the coronavirus pandemic in ways that have boosted profits at some chains to where they were before the health crisis or even higher.
“Once you’ve received a Wells notice, that’s effectively the declaration of war,” said Jim Peterson, a corporate-securities attorney and a former partner at accounting firm Arthur Andersen LLP. “Enforcement is locked and loaded, ready to go.”
To bolster its supply chain, General Mills has struck several new partnerships with contract manufacturers and suppliers of raw materials—and expanded existing ones—since March, when demand started to soar, finance chief Kofi Bruce said.
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An increasing number of workers were unemployed for more than three months in July, a signal that the coronavirus pandemic is likely to have a lasting economic impact on many people.
The industrial engineer has turned Steve Jobs’s creation into a corporate colossus, delivering one of the most lucrative business successions in history.272
