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Executive ARCHIVE

Getting a Handle on Shopping Cart Abandonment  Sep 18, 2013 11:00 AM By Tim Parry

Shopping cart abandonment remains a major challenge for merchants, with the average online shopping cart abandonment rate at 75%. But that doesn’t mean you can’t win a cart abandoner back and convert him into a buyer.

Stritzke Named President and CEO of REI  Sep 06, 2013 11:08 AM By Erin Lynch

Outdoor apparel and gear retailer, REI, has named Jerry Stritzke as the company’s president and CEO following an extensive national search. Prior to joining REI, Stritzke was the president and COO at Coach but resigned on September 2.

Pet Product Merchants Differentiate Themselves to Succeed  Aug 26, 2013 10:59 AM By Daniela Forte

Pet products merchants Ruffwear, Dog is Good, Pet Lifestyle And You and Pup-Pee Solutions have found ways to differentiate themselves and succeed in business. Here’s what these four merchants are doing to differentiate themselves in the crowded pet products category.

Sears Reports $194 Million Loss 2nd Quarter  Aug 22, 2013 10:11 AM By Erin Lynch

The Sears Holding Corporation, which operates Sears, Roebuck and Co., and Kmart, reported a 6% or $194 million loss in the second quarter. However, the online sales for both sears.com and kmart.com grew over 20%.

Catalogers Speak Out Against Marketplace Fairness Act  Aug 21, 2013 7:35 AM By Tim Parry

Executives from 11 companies share their reasons why the Marketplace Fairness Act would be a burden to their companies – and to their customers.

Dick’s Sporting Goods Says Cooler Temps Behind Sluggish Sales  Aug 20, 2013 9:49 AM By Erin Lynch

Dick’s Sporting Goods reported a lower-than-expected second quarter, which the sports retailer said was due in large part to “higher levels of precipitation and cooler temperatures.” Dick’s, however, did report that net sales for the second quarter increased 6.6% to $1.5 billion.

Innotrac Reports 27% Increase in Net Service Revenue  Aug 14, 2013 2:56 PM By Erin Lynch

Innotrac announced its financial results for the second quarter and is reporting a 27% increase in net service revenues.

Kewill to Acquire Four Soft  Aug 12, 2013 1:36 PM By Erin Lynch

Kewill, a provider of multimodal transportation software, announced that it has signed a definitive agreement to acquire the assets of Four Soft, a software company headquartered in Hyderabad, India. The acquisition is expected to close within 90 days and will expand Kewill’s existing position in the Supply Chain Execution software market.

OfficeMax Sales Drop 4.3% in Second Quarter  Aug 08, 2013 12:05 PM By Erin Lynch

OfficeMax released it’s second quarter financials and according to the report the office supply retail saw a 4.3% decrease in sales.

Fifth & Pacific Sees 13.4% Net Sales Increase  Aug 08, 2013 11:46 AM By Erin Lynch

Fifth & Pacific, which includes clothing and lifestyle brands such as Juicy Couture, Kate Spade, and Lucky Brand, released it’s second quarter financials which showed a net sale increase of $45 million.






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