Indianapolis — Leading sports retailer Lids has appointed Greg Cox as the company’s new chief financial officer (CFO). Cox, who has been with Lids for 8 years, has held a variety of accounting and finance leadership roles. In his new position, he will oversee the company’s finance, loss prevention, human resources and information technology departments.
“Greg’s deep understanding of Lids’ operations and financial strategy, combined with his leadership experience, makes him uniquely suited to take on this critical role,” says Bob Durda, president of Lids. “His vision for simplifying and optimizing both customer-facing and internal processes will be key as we continue our focus on enhancing the customer experience and driving business efficiencies.”
Cox aims to support Lids’ long-term success by emphasizing both front-office and back-office initiatives. His strategy includes increasing same-store sales, driving customer traffic and engagement, enhancing inventory investment efficiency, and improving customer service. Internally, Cox will focus on simplifying day-to-day operations through process improvements and advancing technological automation.
Indianapolis-based Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the North America, Europe and Australia through over 2,000 retail locations. Lids Sports Group operates stores under the Lids, Locker Room by Lids, Fanzz, Yankees Clubhouse Shops, Dodgers Clubhouse, Cardinals Clubhouse and numerous other nameplates. Lids also has locations within select Macy’s department stores nationwide. For more information, visit www.lids.com.
SOURCE: Lids