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Changing of the guard at Publix Miami division
After more than 46 years of service, Publix Super Markets Miami division VP Bill Fauerbach has announced his decision to retire at the end of March 2014. Stepping into the role in his place will be Kevin Murphy on April 1.
“Bill helped grow our culture and build a solid foundation on which the Miami division will continue to grow. We thank him for his many contributions, and he will be missed by us all,” said Publix CEO Ed Crenshaw.
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November retail sales better than expected
Retail sales in November increased a better-than-expected 0.7% seasonally-adjusted month-to-month, according to the U.S. Commerce Department. The figure includes categories such as automobiles, gasoline stations and restaurants.
Analysts were expecting sales to rise 0.6% in last month. The latest retail sales numbers were 4.7% above November 2012 numbers.