Executive ARCHIVE

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.

Macy’s Inc. Not Interested in Sears Canada  May 14, 2014 3:47 PM By Tim Parry

Sears Holdings announced Wednesday that it is exploring strategic alternatives for its 51% interest in Sears Canada, including a potential sale of Sears Holdings’ interest or Sears Canada as a whole. But don’t expect Macy’s Inc. to make an offer.

The Liquidation of Coldwater Creek Begins  May 12, 2014 11:27 AM By MCM Staff

A joint venture of Gordon Brothers Group and Hilco Merchant Resources began Coldwater Creek’s closing sales on May 8. The women’s apparel seller filed for Chapter 11 bankruptcy protection on April 11.

From Intern to CTO: Bulu Box’s Caitlin Bales Graduates to C-Level  May 09, 2014 10:41 AM By Tim Parry

Here’s something you don’t see every day – someone trading in her mortarboard for a proverbial executive cap. But four months after she began an internship with Bulu Box, Caitlin Bales became the company’s chief technology officer.






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