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NRF: January retail sales up 0.3%
Washington -- Retail sales ticked up in January as consumers adjusted their spending in response to the increase in payroll taxes and rise in gasoline and energy prices. According to the National Retail Federation, January retail sales (excluding automobiles, gas stations and restaurants) increased 0.3% seasonally adjusted from December and increased 5.4% unadjusted year-over-year.
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Beam CEO joins VF board
GREENSBORO, N.C. — The board of directors of VF Corp., a global leader in branded lifestyle apparel and footwear, has elected Matthew Shattock as a director.
Shattock is the president and CEO of Beam Inc., one of the world’s leading premium spirits companies. He has led Beam since 2009, first as an operating unit of Fortune Brands and since October 2011 as a standalone public company.