• Business News

    Costco CEO says brick-and-mortar remains key even as e-commerce grows

    Costco CEO Craig Jelinek told CNBC on Monday that the company’s physical stores will remain critical going forward, even though the wholesale retailer saw a surge in e-commerce sales during the coronavirus pandemic. “Our overall online business will continue to grow. Will we get tricky? No, we won’t,” Jelinek said on “Closing Bell.” “We’ll just continue to bring value on high-end goods and quality merchandise, and deliver either through the warehouses, brick-and-mortar, or through e-commerce.”  Costco had developed a reputation for its in-person shopping experience before the pandemic, with cheap items at its food court such as the hot-dog-and-soda combo  

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  • Business Accounting

    Wolters Kluwer Tax & Accounting CEO Karen Abramson once again recognized as one of the Most Powerful Women in Accounting

    NEW YORK–(BUSINESS WIRE)–Wolters Kluwer Tax & Accounting CEO Karen Abramson has been named among 25 most powerful women in the accounting profession by the American Institute of CPAs (AICPA) and CPA Practice Advisor. This is the sixth time Abramson has earned a spot on the list that recognizes female leaders who are making the greatest impact on the tax and accounting profession. As the CEO of Wolters Kluwer Tax & Accounting, a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their  

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  • Health Insurance

    How Bind Benefits’ CEO will use $105M to upend the health insurance market

    Customization is something that people are pursuing and adopting in every aspect of their life. One startup is betting this will extend to their consumption of health insurance as well. Bind Benefits, a personalized health plan provider that recently entered the fully insured market in Florida, has raised $105 million in a new funding round. The same syndicate that ran its Series A funding round in 2018 ran the latest round. The investors were Ascension Health Ventures, Lemhi Ventures and UnitedHealth Group. The funds are meant to turbocharge this fully insured product that will now be rolled out to more  

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  • Finance

    Sobeys CEO is ready for grocers’ code of conduct

    Article content continued “It’s a pretty exciting day,” said Michael Graydon, chief executive of Food, Health and Consumer Products of Canada, one of the leading advocates for a grocery code. “I’m just absolutely delighted that he would come out publicly and have that conversation today.” Medline, who was once CEO of Canadian Tire Corp. Ltd. before joining Empire in 2017, said he finds that grocers and suppliers have “the worst relationship I’ve ever seen in my couple of decades in retail.” His comments are liable to intensify the debate over an industry code of conduct, which ramped up in July  

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