Ed Sayres: Fiscal Developments

financesDespite the fact that America encountered a recession in the early part of the 21st century, Ed Sayres managed to turn things around for an organization in the non-profit world.  The American Society for the Prevention of Cruelty to Animals (ASPCA) encountered a serious financial boom when Sayres took over as CEO and President.  In fact, with him at the helm, the ASPCA jumped from a net revenue of $43 to $116million.

Over the years, Sayres has developed a reputation for growing high-performing organizations positioned for growth.  As well as growing non-profit organizations, Sayres has counseled CEOs, directors, and other top executives on fiscal management, strategic planning, Board development, fundraising etc.  Sayres’ approach focuses on “innovation, collaboration, transparency and accountability.”  His philosophy has over the years – through both non-profit and for-profit companies – been proven effective.  As well, Sayres has combined his work in both sectors, having been at the forefront of developing strategic partnerships between the ASPCA and large business corporations including Walmart, Target and CVS.

Big-Name Retailers Extend Hours for Holiday Shoppers

Big-name retailers are upping their appeal to last minute holiday shoppers by offering extended hours, sometimes even staying open for more than 24 hours straight.

Macy’s was the first to announce such a policy, broadcasting last week that its stores will be open in the 48 hours leading up to Christmas Eve. The department locations will open on Friday, Dec. 21st through Sunday, December 23rd.

Other retailers are following in Macy’s footsteps, hoping to draw last-minute gift buyers and other shoppers.

Toys “R” Us announced that its stores would remain open for 88 hours straight in preparation for Christmas Eve. It also kept its Times Square location open for 24 hours for the past few weeks, and will continue to do so until Christmas. Target is also extended its hours.

Macy’s chief stores officer explained:

“We hope to make it easy for our customers across the country to finish their shopping at any time of day or night, and with the benefit of the great deals and value they count on from hour One Day Sales when must see here.”