MULTICHANNEL MERCHANT » EXECUTIVE
ExecutiveApr 09, 2013 11:47 AM By Tim Parry
Ron Johnson is out as CEO of the troubled general merchant, and has been replaced by the man he replaced at the end of 2011, Myron E. (Mike) Ullman III. Here’s what’s being said on Twitter, via Storify, about the move. [View the story "Ron Johnson Leaves JCP" on Storify] Ron Johnson Leaves JCP After […]
ExecutiveApr 09, 2013 11:32 AM By Tim Parry
Not like we didn’t see the end of the Ron Johnson era coming at J.C. Penney… but on April 3, Bloomberg reported the ousted CEO’s salary had been slashed 96%. It wasn’t just Johnson, bonuses were not given to any of JCP’s executives. When hired, Johnson promised a $1 billion in profits in his first […]
ExecutiveApr 08, 2013 4:41 PM By Tim Parry
Jim Tompkins, CEO of Tompkins International, explores the main symptoms associated with the current plague of short-term thinking, how companies can begin growing again, and how the “Amazon Cure” and Jeff Bezos’ focus on innovation and investment help create long-term value.
ExecutiveApr 08, 2013 3:37 PM By Danielle Thomas
By the end of 2012, approximately 20% of all ecommerce sessions originated from mobile devices — smartphones and tablets. Projections say that level of consumer activity will increase steadily over the next three to five years. Fifty percent of online purchases could be mobile based by 2014, and become the primary conduit for consumer ecommerce by […]
ExecutiveApr 08, 2013 3:10 PM By Erin Lynch
Fraud management tools have several benefits, according to a whitepaper by FirstData. For example, fraud management tools allow merchants to quickly adjust their scoring and resolution parameters in order to optimize results for their ever-changing business needs; they reduce staff time spent on manual order reviews; they can allow a company to stay up to […]
ExecutiveApr 08, 2013 2:52 PM By Erin Lynch
The increase is due to several factors, including the impact of lost and/or stolen merchandise on the company’s bottom line and post-fraud costs from customer attrition.
ExecutiveApr 04, 2013 9:48 PM By Tim Parry
Last year, Big Data seemed to be the buzzword at every marketing conference. If merchants adopted Big Data, great things would happen – namely, better targeting of their clients and prospects, and the greater ability to build 1-to-1 relationships. But there also seemed to be a Big Disconnect with Big Data. Back in the late […]
ExecutiveApr 04, 2013 7:07 PM By Tim Parry
Brookstone announced that it has accepted the resignation of Stephen Bebis , its President and CEO and a member of the company’s Board of Directors, effective April 4. James M. Speltz , the Company’s Vice President, Chief Operating Officer has been appointed as the Company’s new President and CEO.
ExecutiveApr 02, 2013 7:50 PM By Tim Parry
United Stationers Reports First Quarter 2013 Results (via PR Newswire) DEERFIELD, Ill., April 22, 2013 /PRNewswire/ — United Stationers Inc. (NASDAQ: USTR) reported results for the first quarter 2013. First Quarter Financial Summary Net sales of $1.25 billion were flat to the prior year’s first quarter sales after adjusting for one less workday in the […]
ExecutiveApr 01, 2013 6:24 PM By Daniela Forte
Goodreads will be joining the Amazon family. Amazon reached an agreement with Goodreads this week, the leading site for book recommendations that help people find and share books.
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