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Overstock gets a boost from shoppers, technology
The CEO of Overstock.com says the company is poised to take advantage of growth opportunities from "crypto-initiatives" and other means as the retailer posted an increase in revenue in the second quarter.
CEO Patrick Byrne said the company's launch of what it calls a "digital corporate bond", or a cryptocurrency-based security, based on bitcoin will fuel expansion and growth for the company.
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Changes at Petco as company names new president
San Diego -- Petco on Thursday today announced several key changes to its leadership team.
In addition to adding chairman responsibilities to CEO Jim Myers' role, the company named Brad Weston as president.
Previously, Weston served as executive VP, chief merchandising officer and president of the company’s Unleashed by Petco unit. The retail veteran joined Petco in October 2011 and led the evolution of the Unleashed by Petco format.

