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  • Thor Equities acquires property on Avenue Des Champs-Elysees

    New York -- Thor Equities has signed a contract to acquire a prime retail and office property at 102 Avenue des Champs-Elysees in Paris. “102 Avenue des Champs-Elysees is at the center of one of the most desirable locations in the world, just blocks from the Arc de Triomphe and Place Charles de Gaulle,” said Joseph Sitt, CEO of Thor Equities.  “We continue to believe strongly in the Paris retail market, in particular prime shopping and tourist destinations such as the Champs-Elysees and Boulevard Haussmann.”
     

  • Study: Amazon tops U.K. digital customer experience

    London – Amazon.com ranks first in end-to end customer experience across key digital channels including websites, mobile sites and apps. According to the latest EChannel Retail Benchmark report from EDigitalResearch, Amazon tops the benchmark study due to their core multichannel functionality, especially across the search and purchase sections of the customer journey.

  • Changing of the guard at Express

    Michael Weiss, who started with Express when it was an eight-store operation, will retire as CEO of the 600 plus-store specialty apparel company when its fiscal year ends on January 30, 2015.

    He will be succeeded by David Kornberg, 46, president, who will assume the added role of chief executive. Weiss, 73, will remain with Express as nonexecutive chairman of the board.

  • Express CEO Michael Weiss to retire

    Columbus, Ohio -- Michael Weiss, who started with Express when it was an eight-store operation, will retire as CEO of the 600 plus-store specialty apparel company when its fiscal year ends on January 30, 2015.

    He will be succeeded by David Kornberg, 46, president, who will assume the added role of chief executive. Weiss, 73, will remain with Express as nonexecutive chairman of the board.

  • JDA Software announces departure of CEO Hamish Brewer; names interim chief

    Scottsdale, Ariz. -- JDA Software Group, a leading provider of supply chain, manufacturing planning, retail planning, store operations and collaborative category management solutions, announced that CEO Hamish Brewer is leaving the company. Baljit (Bal) Dail, a technology executive who has served as JDA’s chairman since May 2013, has been named interim CEO, effective immediately. Dail will lead the search for a permanent successor.
     

  • JDA Software seeks new CEO

    JDA Software Group, a leading global supply chain planning and execution solutions provider, has appointed Baljit (Bal) Dail, a technology executive who has served as JDA’s chairman since May 2013, as interim CEO, effective immediately, replacing Hamish Brewer, who is leaving the company.

    Dail will lead the search for a permanent successor to lead the company in the next phase of its strategic growth plan.

  • Poll: Amazon most trusted brand among consumers

    New York -- Amazon remains the world's most trusted retailer despite widespread criticism of its tax affairs and labor disputes.

    The Internet giant topped a poll of 30,000 consumers in nine countries although the research by OC&C, unveiled on the closing day of the World Retail Congress, revealed that “its crown has very much slipped.”

    Consumers were asked to rank nearly 600 retailers on a range of factors such as trust, value for money, service, product, and multichannel capability.

  • Tesco sets digital example for U.S. retailers

    LONDON — U.S. retailers can look across the pond to Tesco for some digital inspiration. The retailer is launching a new tablet app that will allow shoppers to sign up for its Tesco Clubcard. 

    Tesco is looking to recruit more customers to sign up for the retailer’s loyalty card and join the 17 million who already have it. 

    The app, built by mobile marketing specialists Incentivated, is hosted on dedicated iPads located in specially created branded cases attached to the walls of stores.

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