Purple taps former La-Z-Boy exec as CFO
The mattress company also reported a miss on Q1 revenue and decreased its full-year outlook due to an accounting adjustment.
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The all-stock transaction to acquire Leggett & Platt will bolster the mattress giant’s influence across the industry, analysts said Monday.
Peloton names interim CFO
Chief Accounting Officer Saqib Baig will step into the role following the departure of Liz Coddington.
Walmart, Costco poised to win amid unfavorable retail environment
Moody’s is maintaining a negative outlook for the industry in 2026 as high prices and dwindling consumer demand pressure retailers.
Target taps former Walmart exec as supply chain, logistics chief
Jeff England, who worked to improve inventory availability at QXO, will join the retailer on May 31 as it seeks to strengthen in-stock reliability.