-
Children's Place CFO resigns, replaced by former Talbots COO
Secaucus, N.J. -- The Children's Place Retail Stores Inc. reported Monday that its CFO Steven Baginski has resigned the company, effective immediately.
According to the retailer, Baginski is leaving to pursue other interests.
Former COO and CFO of The Talbots Inc., Michael Scarpa, has been named Baginski’s successor, effective Dec. 3.
Scarpa also worked at Liz Claiborne Inc. for 25 years.
-
Amazon kindles the holiday fire
SEATTLE — It’s no surprise that on the heels of record-breaking Cyber Monday sales, heavyweight Amazon reported record sales of its popular Kindle devices.
Cyber Monday 2012 proved to be the biggest day ever for Kindle sales worldwide, cementing the top four spots for Kindle e-readers and Kindle fires on Amazon’s worldwide bestsellers list. The Kindle devices have held the top four spots since their launch nearly three months ago.
To celebrate Cyber Monday, Amazon.com offered the Kindle Fire for $129.