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  • Starbucks shakes up senior management

    Seattle -- Starbucks Coffee Co. is shaking up its senior management team with five promotions and two new appointments. John Culver, head of the China-Asia Pacific region with more than 10 years of Starbucks experience, is being promoted to group president, China and Asia Pacific (CAP), channel development and emerging brands. Jeff Hansberry, a three-year Starbucks veteran who has worked on the channel development and emerging brands team, is being promoted to president of China and Asia Pacific and will report to Culver.

  • Uniqlo CEO among Time’s 100

    Chairman, president and CEO of Fast Retailing Tadashi Yanai is among the 2013 Time 100, the magazine's annual list of the 100 most influential people in the world. 

    Yanai was the only retail and CPG company executive to make the list. Other notables with a connection to the retail industry included Samsung CEO Oh-Hyun Kwon, Paypal co-founder Elon Musk and fashion designer Michael Kors. The complete list will appear in the April 29 issue of Time, available now.

  • Increased order sizes boost Overstock.com’s Q1 results

    SALT LAKE CITY — Online discount retailer Overstock.com reported a 19% increase in total net revenue for the first quarter, thanks to a 21% increase in average order size.  

    Overstock.com’s total net revenue for the quarter was $312 million, up from $262 million for the first quarter of last year, even though the company reported a small decrease in the number of customer orders. Its net income for the quarter surged to $8 million, up from $2.7 million for the same period last year. 

  • SymphonyIRI reverts to original name in rebranding move

    SymphonyIRI Group president and CEO Andrew Appel announced this week that the company will revert to its original name, Information Resources, or IRI, as part of a rebranding strategy.

    “Our rebranding signifies our promise to continue providing ingenious solutions and capabilities for our clients to enable growth in a highly fragmented, competitive and complex market,” Appel said “We are well positioned to be the catalyst that enables CPG and retail companies to take advantage of new opportunities.”

  • Overstock founder returns as CEO

    SALT LAKE CITY — Overstock.com founder Patrick M. Byrne has returned as CEO of online discount retailer.

    Byrne took a medical leave of absence in February to address cardiac issues thought to be associated with cancer treatments received much earlier in his life. 

  • Wake Up, Retailers! Make Money From Your Big Data

    By Greg Munves, [email protected]

    If you’re like many mid-level or tier one retailers, online or brick-and-mortar, you’ve probably made a significant investment in Big Data, capturing and analyzing customer buying patterns across your business. You may not realize, however, that this huge IT investment can actually be a profit center, if you sell your data back upstream to your suppliers.
     

  • Jo-Ann Stores selects Demandware for digital commerce

    Burlington, Mass. -- Enterprise cloud commerce solution-provider Demandware announced Wednesday that Jo-Ann Stores has selected the Demandware Commerce platform to support its digital commerce strategy.  

  • Catalina launches mobile ad solution for CPG brands

    AUSTIN — Catalina has unveiled BuyerVision Mobile, the mobile ad solution for CPG brands with the ability to deliver personalized media based on in-store purchase history. Already influencing more than 230 million shoppers through the leading in-store media network, Catalina’s new offering delivers personalized mobile advertising to 70 million households.

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