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Conn’s names former Sears exec as new chief
The Woodlands, Texas – Conn’s Inc. named a new CEO as part of a planned succession, and also announced it beat Wall Street expectations for profit in the second quarter.
Following a year-long repositioning initiative, Conn’s has appointed Norman Miller to serve as CEO and president.
Miller brings more than 30 years of business leadership experience, most recently serving as president of Sears Automotive, and as president and COO of DFC Global Corp.
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What’s in a name? Costco finds out
New York – What’s in a name? When that name is Tiffany, as Costco discovered, potentially some hefty financial penalties.
Federal judge Laura Taylor Swain has ruled in favor of Tiffany & Co. in a suit the luxury retailer initially brought against Costco Wholesale Corp. in February 2013. The civil suit sought damages for what Tiffany said were fake “Tiffany” engagement rings Costco sold at one of its stores in Huntington Beach, California.
