By George Socha | April 04, 2017

How Retailers Can Improve Cyber-Response by Forging a Stronger Relationship Between Counsel & IT

Fostering a better working relationship between corporate counsel and information technology staff can be a tricky dance, but it's one that's essential in today's digital world - where a cyber incident can put a major dent in a retailer's reputation and assets with a single...

By Retail & Consumer Products Practice Leaders | March 24, 2017

Read the Full Report & Infographic: 2017 BDO Retail Compass Survey of CFOs

Our 11th annual Retail Compass Survey of CFOs polled 100 CFOs at leading U.S. retailers on their industry-wide projections for the year ahead. The survey found that retail CFOs are bullish in their growth expectations, retailers are challenged by intense competition from...

By Retail & Consumer Products Practice Leaders | March 15, 2017

Making Cross-Border Connections in North American Retail

When analyzing the U.S. and Canadian business environment side-by-side, it is clear that the retail sector in both countries are cut from the same cloth. The unique closeness of the U.S. and Canada is reflected in a long-standing commitment to act as a team, even in business...

By Jakob Sand | March 07, 2017

Dollar Shave Club Opens Door for Next $1 Billion eCommerce Subscription Company

The meteoric rise and subsequent billion-dollar acquisition of the subscription-based eCommerce company Dollar Shave Club has sent shockwaves through the commerce industry. It raises the question of who will be the next company to go for the same sum that Unilever paid. BDO...

By Retail & Consumer Products Practice Leaders | February 23, 2017

State and Local Tax Considerations for Retailers Closing Their Doors

As the retail industry evolves to become more dependent on e-commerce, many traditional brick-and-mortar brands are moving online to internet sales. Subsequently, these retailers are planning to close some, if not all, of their physical locations, including brand names such as...

By Retail & Consumer Products Practice Leaders | February 15, 2017

Webinar Recap: The R&D Tax Credit: Opportunities for Retailers

Though retail and research and development (R&D) may seem like strange bedfellows, the wholesale and retail industry is responsible for claiming seven percent of the available R&D tax credit, with 1,100 returns claiming the credit in 2013, according to the IRS. Earlier this...

By Michael Metz | February 07, 2017

Potential Implications of a Destination-Basis Tax System for U.S. Retailers

Masked in myriad suggestions for comprehensive tax reform is a proposal that could have a significant impact on the U.S. retail industry. The plan, contained in the House Republicans tax blueprint A Better Way: Our Vision for a Confident America, seeks to change the way...

By Dennis Hoyt | January 31, 2017

Treasury Considerations for the Retail Industry

Earlier in January, I sat down with several of BDOs clients to discuss key treasury considerations for areas including controls, vendor services and financing. Below, I summarize the main takeaways and need-to-know information from the discussion.

By Retail & Consumer Products Practice Leaders | January 13, 2017

Retail Board Director Pay Decreases Between 2014 & 2015 - BDO Study

Board director compensation levels for middle market companiesincluding retailerskept pace with the economy during 2014 and 2015, according to the recently released BDO 600: 2016 Survey of Board Compensation Practices of 600 Mid-Market Public Companies.

By Retail & Consumer Products Practice Leaders | January 10, 2017

Retail's 2017 Resolutions

2017 presents new possibilities and priorities. Just as consumers set personal resolutions for themselves, retailers will resolve to achieve milestones as well. Looking forward, we predict retailers will be focusing on three main areas in the year ahead.