Kirkland’s reported a wider-than-expected loss, cut its full-year profit outlook and said it was taking steps to reduce costs by $10 million this year as it looks to mitigate the potential impact of higher tariffs on many of its core products.
Tanger Outlets has retained a global search firm to help it find a successor to president and chief operating officer Thomas E. McDonough, who informed the company he would retire at the end of the year.