Executive ARCHIVE

PayPal President David Marcus Leaves Company for Facebook  Jun 10, 2014 2:53 PM By Daniela Forte

Ebay Inc. announced this week that PayPal president David Marcus is leaving the company for Facebook.

Smarter Remarketer Names New EVP of Sales and Marketing  Jun 10, 2014 1:37 PM By MCM Staff

Smarter Remarketer, the leading provider of customer intelligence and marketing automation for multi-channel retailers, today announces that Barry Clark has joined the company as Executive Vice President of Sales and Marketing.

Sailing Capital Consortium Wins Bid for Brookstone  Jun 04, 2014 10:17 PM By Tim Parry

Sailing Capital Consortium won the June 2 auction for a final purchase price of $135.7 million. Under Sailing, Brookstone will continue to operate as a stand-alone company and brand.

How Will Seattle’s $15 Minimum Wage Affect Your Business?  Jun 04, 2014 11:53 AM By Curt Barry

The Seattle City Council just voted to put low-wage workers on a path over the next several years to earning a $15-per-hour minimum wage. Curt Barry, president of multichannel operations and fulfillment consulting firm F. Curtis Barry & Co., explains what this means to direct-to-customer merchants.

Frederick’s of Hollywood Group Goes Private  Jun 02, 2014 6:01 AM By Tim Parry

Frederick’s of Hollywood Group Inc. has announced the completion of its acquisition led by a group consisting of HGI Funding LLC. The total transaction is valued at approximately $24.8 million.

Organize-It Acquires Assets from StacksandStacks.com  May 28, 2014 4:50 PM By MCM Staff

Organize-It, a retailer for storage and organizational products, purchased specific assets only from on-line competitor StacksandStacks.com. The assets acquired include the stacksandstacks.com domain name along with associated blogs, website code database and email list.

LightInTheBox Net Revenues Rise 11.2% in First Quarter  May 21, 2014 3:04 PM By MCM Staff

LightInTheBox’s first-quarter increases were driven by the recovery of its wedding business, strong performance from ready-to-wear apparel, as well as the increasing contribution of its mobile commerce business.

Walmart’s Ecommerce Sales Rose Faster than Amazon.com’s  May 18, 2014 7:41 AM By Tim Parry

Walmart’s first-quarter global ecommerce sales rose 27%, the mass merchant announced on May 15. That growth is faster than ecommerce behemoth Amazon.com, which saw a 23% rise in sales during the comparative quarter.

Nordstrom’s Ecommerce Sales Rose Faster than Amazon.com  May 17, 2014 2:35 PM By Tim Parry

Nordstrom direct net sales increased 33% in the first quarter, driven by expanded merchandise selection and ongoing technology investments to enhance the online experience.

JCPenney Online Sales are Growing Faster than Amazon  May 16, 2014 9:58 AM By Tim Parry

Is JCPenney growing faster than Amazon.com? Not really. But based on its new sales reporting methodology, JCPenneys’ first-quarter online sales grew at a faster pace than Amazon’s. Here’s why.






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