-
Apple retail VP to leave
New York -- Jerry McDougal, retail VP for Apple Inc., will be leaving the company, according to a Wednesday report by Bloomberg.
He will be replaced by Jim Bean, a VP in Apple’s finance division.
Company spokesman Steve Dowling told Bloomberg that Bean will be an apt replacement for McDougal, who served under former CEO Ron Johnson for many years.
-
Mastercard: Canada trailed U.S. in December sales growth
New York -- A report released Wednesday by MasterCard revealed that Canadian retail sales, which grew just 1.6% in December, trailed the U.S., which also posted less than stellar results for the month.
Sales in the U.S. advanced 2.4% in December.
Canada’s results were particularly disappointing, considering the country’s December sales grew 4.3% in December 2011, according to MasterCard’s SpendingPulse report.