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Corporate Governance

  • Amazon Q3 loss widens to $437 million; sales up 20% to $20.58 billion

    Seattle -- The red ink got worse at Amazon in its third quarter as the Internet giant reported a net loss of $437 million in the third quarter, worse than analysts expected, compared with a net loss of $41 million in the year-ago period.  
  • Canadian operations cut into West Marine Q3 profit

    Watsonville, Calif. –- A tax valuation allowance related to its Canadian operations helped reduce net income at West Marine Inc. to $4.9 million in the third quarter of fiscal 2014, down 24% from $6.5 million in the same period the prior fiscal year. Net revenues were $196.5 million, a 2% jump from $193.4 million, and same-store sales rose 0.6%.  
  • Quiksilver concept store to make NYC debut in Meatpacking District

    New York -- Real estate firm RKF announced that it has arranged a 5,900-sq.-ft. lease for Boardriders in Manhattan’s Meatpacking District. Located on the south block between Ninth Avenue and Washington Street at 408 West 14th Street, this will become the Quiksilver concept store’s first Manhattan location.  
  • Winick completes a pair of retail leases at PowerHouse Condominium

    New York -- Winick Realty Group has secured two retail leases at the base of the 177-unit PowerHouse Condominium, located at 50-09 Second Street in Long Island City, N.Y.   The 6,422-square-foot space, which landlord V Partners refurbished following Hurricane Sandy-related flooding, was divided to accommodate incoming tenant Tiger J Taekwondo and an expansion by existing building tenant Brighter Babies.  
  • Canadian digital revolution coming to America

    Revolutionary has become the most overused term in the retail industry and the latest company to apply that description to its retail offering is ironically called Retailcommon.

     

  • QVC names executive VP of commerce platforms

    West Chester, Penn. –- QVC Inc. has promoted Mary Campbell to the position of executive VP, US commerce platforms. Sheis responsible for guiding the strategic direction of the company's TV, web, mobile, tablet and social while translating the QVC brand across all platforms to drive customer engagement and e-commerce sales.   Since joining QVC in 1991, Campbell has held leadership roles across the business, including merchandising, planning and commerce platforms.
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