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Checkpoint names former Tyco exec EVP, CFO
THOROFARE, N.J. — Checkpoint Systems, a global supplier of shrink management, merchandise visibility and apparel labeling solutions for the retail industry, has appointed Jeff Richard as EVP and CFO. Richard will replace Raymond D. Andrews, who is retiring from the company July 31. Andrews will remain with the company during the transition.
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comScore: Online sales up 13% in Q1
Reston, Va. -- E-commerce sales grew 13% year-over-year to $50.2 billion, marking the fourteenth consecutive quarter of positive year-over-year growth and tenth consecutive quarter of double-digit growth, according to comScore. It was also just the second quarter on record to surpass $50 billion in spending.
The survey also revealed that nearly half (48%) of time spent in the retail category occurred on mobile devices, with smartphones (34%) outpacing tablets (14%).