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Report: Department store retailer losing top digital exec
The chief technology officer of Nordstrom is leaving the company after less than a year on the job. Kumar Srinivasan is leaving the upscale department store company effective Friday, Jan. 7, to return to India, GeekWire reported. Srinivasan, who joined Nordstrom in March, after serving as the co-founder and CEO of software company Evocalize. Prior to that, he was the former general manager at Amazon Payments Merchant Solutions unit -
Online powerhouse among retailers looking to buy American Apparel
A few familiar retail names are reportedly in discussions to buy American Apparel. Amazon and Forever 21 are among the companies in talks with the bankrupt manufacturing and retail company and its advisors about submitting offers ahead of a deadline on Friday, Reuters reported.
