Operations & Fulfillment Movers and Shakers
Thomas M. Rouen Jr., former executive vice president of ParceLite Solutions, a division of TMSi Logistics, in January was named president/chief operating officer as of TMSi Logistics.
MCM staff
Toys ‘R’ Us Takes Etoys.com from The Parent Co.
Toy and baby products retailer Toys ‘R’ Us has acquired the e-commerce site eToys.com from The Parent Co. for an undisclosed sum. The deal also includes the BabyUniverse.com e-commerce site and ePregnancy.com parenting resource site. Toys
Frederick’s Promotes LoRe
Frederick’s of Hollywood Group has promoted Linda LoRe to president of the company.
Lenox Group Finds a Buyer
Private equity firm KPS Partners has won an auction to purchase substantially all of the assets of tableware and collectibles merchant Lenox Group.
REI Eliminates 61 Jobs
Cooperative outdoor gear and apparel cataloger/retailer Recreational Equipment Inc. (REI) brought some bad news with some good news Wednesday
Layoffs Announced at W.W. Grainger
With the announcement that its January sales had slipped 9%, maintenance, repair, and operations products marketer W.W. Grainger said yesterday that it will cut 300 to 400 jobs
I-Merchants Tune Into Fraud Prevention Tools
Online merchants lose 1.4% of their revenue to fraud. That
January Sales Roundup 2009
If the first month of the new year is any indication, retailers are in for another rough ride in 2009.
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