Monsoon Commerce Appoints New CEO and VP of Engineering

| MCM Staff

Experienced software and eCommerce executive Tommaso Trionfi was named CEO of Monsoon Commerce. In addition, Rob Teichman—a former colleague of Mr. Trionfi’s—was appointed vice president of engineering. Prior CEO Jim Cruckshank was named chairman of the board of directors.

A Year in the Life at eBay

| Erin Lynch

With a 13% growth in revenue in the fourth quarter and 13% for the year, 2013 deemed to be pretty successful for eBay. The marketplace currently has 128 million active users and generated nearly $77 billion in gross merchandise volume in 2013 alone. Here is the play-by-play highlights for the year that is eBay.

Nordstrom to Open Fulfillment Center in PA

| Erin Lynch

Nordstrom has announced plans to open its third fulfillment center Elizabethtown, Pa. Construction for the 672,000-square-foot building began on Jan. 20 and is scheduled to open in summer 2015.

Best Buy Blames Price Competitiveness in Holiday Sales Decline

| Erin Lynch

The competition in price played a major role in the declining 2013 holiday sales results at Best Buy, according to a statement released by the electronics retailer. In the nine week holiday period that ended on Jan. 4, Best Buy reported $11.45 million in revenue, down slightly from the 2012 holiday season of $11.75 million.