E-commerce news in brief: VF Corp.’s web sales jump, Amazon adds fulfillment and Radial names a CEO
February 27, 2017 03:53 PM
VF Corp. reported a more than 20% increase in global e-commerce sales for 2016, as the merchant’s web channel continues to outpace growth in other areas. The parent company of multiple apparel and outdoor brands including The North Face, Vans and Timberland, says it expects big numbers for the web in 2017 as well, with a 25% year-over-year increase predicted for e-commerce this year. VF Corp.’s total sales were flat for the fourth quarter and full year ended Dec. 31. The company is No. 92 in the Internet Retailer 2016 Top 500 Guide.
In other e-commerce news:
- Amazon.com Inc. (No. 1 in the Top 500) in early February said it will open two new fulfillment centers in California that will create more than 2,000 full-time jobs when they open. The e-retailer operates nine fulfillment centers in California, and one in Sacramento is under construction and expected to open later this year. The recently announced centers will be in Eastvale and Redlands, Calif. The one-million-square foot facility in Eastvale will handle smaller items, such as books, electronics and toys, Amazon says. The Redlands facility, which will be 750,000 square feet, will house such products as sports equipment, patio furniture and pet food.
- Fulfillment and customer service vendor Radial has named Matthew Espe as its CEO. Prior to Radial, Espe served as president and CEO of Armstrong World Industries Inc., a $2.9 billion global building products company. Before Armstrong, Espe was chairman and CEO of Ikon Office Solutions Inc. “Under Matt’s leadership, we’ll build on our position as an industry-leading partner for retailers and brands to help them profitably scale their e-commerce platforms,” executive chairman Dan Brutto says. Tobias Hartmann will remain president of Radial, which is a former division of eBay Enterprise. In April, it spun off from eBay, rebranded as Radial and outlined its new strategy to focus on selling fulfillment, payment and cross-channel services to midsized retailers and big chains that had been its customer base dating to its origins as GSI Commerce.
- Teikametrics, which specializes in helping merchants sell on Amazon’s marketplace, has appointed Aatish Salvi as chief technology officer. He will be responsible for product strategy and technological innovation. “E-commerce and retail are undergoing a profound, near-invisible disruption by the small, individual retailer. Joining Teikametrics is an incredible opportunity to be part of the revolution and help millions of these retailers succeed,” Salvi says. Most recently, he was the vice president of engineering for Nanigans, an advertising automation software vendor. He previously was a co-founder of LoopIt, a venture-backed startup that applied big data analysis to determine product affinity for consumers. Nanigans bought LoopIt in January 2014.