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Foot Lockers chief financial officer will step down next year.The athletic retailer said in a Tuesday Nov. 29 press release that the departure of Andrew Page 鈥?following the release of the companys next earnings report in January 鈥?comes amid a series of leadership changes designed to separate its commercial activities from its supply chain and IT functions.Elliott Rodgers, a veteran of Ulta Beauty, will become Foot Lockers chief operations officer beginning Dec. 1 and will be charged with overseeing the companys supply chain, information technology and procurement operations, accordi
stanley cup ng to the release.Meanwhile, Frank Bracken 鈥?who has been with Foot Locker for 12 years 鈥?will become chief commercial officer, leading the companys retail banners, merchandising, and marketing, as well as digital, loyalty and eCommerce, the release stated.Foot Locker CEO Mary N. Dillon 鈥?also an Ulta veteran 鈥?said in the release that divorcing supply chain/IT from commercial activities will help the company become more efficient as it works on simplifying our operations and expanding our omnichannel, loy
stanley cupe alty and digital capabilities. Dillon stressed these goals earlier this month after Foot Locker reported an increase in sales driven by customers who value both in-store and online shopping. Sneakers
stanley germany are fun, Dillon told investors Nov. 18, and consumers want the buying experience to be fun as well.Thats why the company said its greatest focus moving forward will be on its omnichannel capab Bhux When Banking Frustration Closes A Door, An App Opens A Window
The world is growing ever more interconnected, to be sure, including within commerce, now a 24/7 endeavor for firms in almost
stanley shop any industry.And as companies large and small extend their markets beyond domestic ones, finding new audiences across borders, supply chains 鈥斅燽oth digital and physical 鈥斅燼re getting longer, not shorter, and are becoming more complex to manage.To that end, ModusLink Corp., wholly owned
stanley becher by ModusLink Global Solutions, earlier this month debuted its Financial Management Services solution geared toward
stanley deutschland simplifying some of those complexities. The offering focuses on secure B2B payments and ensuring that companies are in sync with regulatory and compliance mandates in each new region they enter.In an interview with PYMNTS, Erik Hiddes, manager, FMS at ModusLink, said that companies eyeing new markets must take into account the issues that come with scaling a business and with managing supply chains both digital and physical 鈥?the overarching goal of the company should be that we are facing the hurdles for them. The company has estimated that the ramp up into a new market can be a sizable undertaking, with the process taking between three to five years. With ModusLink, such endeavors can be shortened to three to six months. In one example offered to PYMNTS, a single eCommerce company was able to bring operations to 17 countries in a four-month timeframe.For any company to reach a new audience, each market presents its own challenges. As Hiddes noted, supply
