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Tiffany’s holiday sales disappoint; cuts full-year outlook
New York -- Tiffany's holiday sales dipped 1% and the luxury jewelry retailer cut its full-year profit outlook. CEO Michael Kowalski said that sales in the Americas fell slightly during November and December, while sales in Japan remained soft. Sales in the Asia-Pacific region and in Europe climbed.
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Fresh Market seeks fresh CEO
The Fresh Market is heading into the new year with fresh leadership changes at the top.
The specielty grocery retailer announced that Craig Carlk, president and CEO, and a member of the board of directors, has left the company and has resigned as a member of the board.
The board has appointed Sean Crane, EVP and COO, as interim CEO while the company evaluates candidates to replace Carlock.
