Internet Retailer - Strategies For Multi-Channel Retailing
IRCE 2009 June 15-18

Today's News

Sport & Fitness races ahead of other segments in web holiday sales growth
Fitness, video games and apparel were the only three of 14 retail segments comScore tracks that registered higher year-over-year online sales during the latter part of this holiday season.

Dell globalizes business groups around major customer segments
Dell Inc. has re-organized its company around major customer segments, rather than by geography, and named executives to lead each segment. The new segments are large enterprises, small and medium businesses and government.

Former ACCO Brands exec joins OfficeMax as vice president and treasurer
Tony Giuliano, a former finance executive with ACCO Brands and Montgomery Ward, is the new vice president and treasurer at multi-channel office supplies retailer OfficeMax.

Amazon hails commander in chief watchers and shoppers with a new web store
With just over two weeks to go until President-elect Barack Obama takes office as the nation’s 44th commander in chief, Amazon has opened a niche web store on its e-commerce site that sells merchandise tied to Obama and inaugurations in general.

Kount adds e-commerce payment and fraud prevention veterans
Kount Inc., which offers fraud control services for online retailers, announced it has hired Jeremy Drzal and Bill Overton as business development directors. Drzal and Overton will market Kount`s services to e-retailers and payment processors.

Gap gains traffic, but shoppers stay at Mary Kay, Nielsen Online says
Gap posted a 23% increase in traffic in November compared to a year earlier and Bath & Body Works posted a 39% rise among apparel and beauty retail web sites. Mary Kay won for time spent at such sites for the month, Nielsen Online reports.
eDiets.com names a new CEO as it seeks to stem its financial losses
Kevin McGrath, former president and CEO of technology manufacturer Digital Angel Corp., has been named CEO of the online provider of diet plans and meals. Former CEO Stephen Rattner will be executive vice president of corporate services.

Overstock names Home Depot vet as finance vice president
Overstock.com has appointed Steve Chesnut senior vice president of finance. Earlier in his career, he served in a variety of capacities at The Home Depot, including director of strategic planning.

American Apparel taps its board for a new chief financial officer
Adrian Kowalewski, director of corporate finance, adds new responsibilities. As top financial officer and executive vice president, he will oversee financial operations for the retailer’s stores and e-commerce divisions.

Michael Jeffries agrees to head Abercrombie & Fitch for five more years
The apparel and accessories retailer has reached an agreement with its top executive that will keep Michael S. Jeffries as chairman and CEO until early 2014.

Former Visa exec joins online payment provider
Paymo, a service that allows consumers to buy online and pay via their mobile phones, has hired Jon Prideaux as senior advisor. Prideaux will be responsible for helping the company develop a global standard for payments made through mobile accounts.


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