The Genesis curse?
Beleaguered multititle cataloger Genesis Direct (sometimes known as Proteam.com) may have been rescued from bankruptcy when GE Capital agreed in December to buy it (see page 7), but the curse lingers. Toy marketer Toys R Us attributed some of its well-publicized holiday e-commerce problems to snafus in its new, supposedly state-of-the-art fulfillment center in Memphis. Toys R Us bought the facility from Genesis Direct in June; Genesis remains a tenant in the space.
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