FINANCE

Tiffany Appeals eBay Internet Ruling

BY CSA STAFF

New York City Tiffany & Co. on Monday appealed a federal ruling that largely absolved eBay Inc. of policing its auction site for counterfeit items, saying the judge was wrong to leave the primary burden to the jewelry maker. Tiffany filed the appeal with the United States Court of Appeals for the Second Circuit, the company said in a statement.

The jeweler sued eBay in 2004, alleging it turned a blind eye to the sale of fake Tiffany jewelry on its Web site. But in July, all of its trademark infringement claims were rejected, and a federal judge held that brand owners are ultimately responsible for protecting their own trademarks.

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Costco posts mercury warning on seafood counters

BY CSA STAFF

WASHINGTON Costco has agreed to post the Food and Drug Administration mercury advice on signs at its seafood counters, ocean conservation group Oceana announced.

“Posting a sign that tells consumers which fish they should avoid would let them know that other fish are OK to eat, and allay any fears they may have,” said Simon Mahan, campaign manager for Oceana.  “In fact, some grocery stores that posted the FDA advice had no negative effect on their seafood sales and one company even reported that seafood sales increased after posting the signs,” he added.

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Food Lion appoints new cfo

BY CSA STAFF

SALISBURY, N.C. Food Lion has promoted Carol Herndon to serve as cfo and chief administrative officer. Herndon will continue to have senior-leadership responsibility for all of accounting and analysis, as well as information technology.

In addition, she will now be accountable for corporate development, which includes real estate, store development, mergers and acquisitions, construction, maintenance, equipment procurement and energy management.

Herndon’s career at Food Lion began when she joined the organization as a financial controller in 1989.

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