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eCommerce

  • Asia exec to weigh in on China

    Wal-Mart Asia CEO Scott Price is among the feature speakers participating in this year’s World Retail Congress event scheduled for March 19-21 in Singapore.

  • Format experimentation on international agenda

    Walmart SVP Lev Khasis was elevated to the new role of president and CEO of new formats for Walmart International, according Reuters and Bloomberg reports citing a Walmart spokesman.

    Khasis joined Walmart in 2011 after working for Russian retailer X5, a company Walmart reportedly had an interest in acquiring. The spokesman said Khasis will focus on developing store concepts that can be deployed across markets.

  • Greeting card publisher gets new director

    Detroit, Mich. — Greeting card publisher Avanti Press has named Kari Knowlton as its new director of business development.

    Founded by Rick Ruffner in 1980, Avanti Press publishes the Avanti and A*Press greeting card collections. The Detroit-based publisher’s everyday and seasonal card collections are carried in leading regional and national retail outlets as well as independent retail outlets throughout the United States, Canada, United Kingdom and other countries worldwide.

  • Coinstar shakes up executive leadership positions

    BELLEVUE, Wash. — Coinstar, a leading provider of automated retail solutions, has appointed its current CFO J. Scott Di Valerio as new CEO, effective April 1. At that time, Di Valerio will also be appointed to the Coinstar board of directors.

    Di Valerio succeeds Paul Davis, who is retiring on March 31, and will remain a member of the board until then.

    Di Valerio has been CFO at Coinstar since 2010, and has overseen Coinstar's corporate information technology and supply chain functions.

  • Amazon seeks to make life entertaining with A+E

    SEATTLE — Amazon.com has entered into a content licensing agreement with A+E Networks to add prior seasons of series from A&E, Bio, History and Lifetime to the Prime Instant Video service.

    Prime Instant Video now features more than 33,000 movies and TV episodes for Amazon Prime members to stream instantly, at no additional cost, on Kindle Fire HD or any of the hundreds of compatible Amazon Instant Video devices, including iPad, iPhone, iPod touch, Roku, Xbox 360, PlayStation 3 and the Wii U.  

  • Kevin Peters to leave Office Depot

    Office Depot on Friday announced that Kevin Peters had resigned from his role as president of the retailer’s North American division effective immediately.

    Office Depot said Peters was leaving the company after five years to become CEO of an unidentified industrial distribution company.

  • Jack Wills Outfitters continues to expand

    New York -- British clothing and accessories retailer Jack Wills Outfitters is opening a new store, in New Canaan, Conn.

    The company has chosen builder and general contractor A&O Danner, Inc., of Plymouth, Mass., to complete the buildout. In 2010-11, Danner built two other Jack Wills stores in Connecticut, in Greenwich and Westport.

  • DDR acquires two power centers for $151 million

    Beachwood, Ohio -- DDR Corp. on Thursday announced the acquisition of two prime power centers for $151 million during the fourth quarter.

    DDR purchased Carolina Pavilion, located in Charlotte, N.C., from Blackstone Real Estate Partners for $106 million. The 94% leased, 852,000-sq.-ft. center is anchored by Target, Kohl's, Nordstrom Rack, Ross Dress for Less, Buybuy Baby, Bed Bath & Beyond, Jo-Ann Fabric and Craft Stores and AMC Theatres.

  • Simon and CalPERS Affiliate IMI form JV to acquire two assets

    Indianapolis -- Simon Property Group and Institutional Mall Investors (the co-investment venture owned by an affiliate of Miller Capital Advisory and The California Public Employees' Retirement System [CalPERS]), on Thursday announced that they have formed a joint venture to own and operate The Shops at Mission Viejo in the Los Angeles suburb of Mission Viejo, Calif., and Woodfield Mall in the Chicago suburb of Schaumburg, Ill.

  • Baker Katz completes sale of former Syms building

    Houston -- Houston-based X Team International partner Baker Katz said that it has completed the sale of the former Syms clothing store in Houston’s Westchase District.

    The 40,777-sq.-ft. building was sold to Tennis Express for an undisclosed amount. Tennis Express will relocate an existing store and consolidate off-site storage into the new location.
     

     

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