Correction: Coach Appoints New COO
New York City A story posted Monday on www.chainstoreage.com and carried electronically in the CSA Weekly Newsletter incorrectly identified Jerry Stritzke as the new CEO of Coach. In fact, he will succeed Keith Monda, Coach’s current president and COO, upon his retirement at the end of this fiscal year—June 28. Monda will remain a member of the company’s board of directors.
Stritzke, whom Coach also appointed as an executive officer, effective March 17, joins the company from Limited Brands, where he most recently held the position of COO and co-leader of Victoria’s Secret, which included oversight for Victoria’s Secret Stores, Victoria’s Secret Direct, Victoria’s Secret Beauty and Pink. Prior roles at Limited Brands included CEO of Mast Industries, a wholly owned subsidiary of the Limited and a sourcing organization and supplier of merchandise for Victoria’s Secret, Express, Abercrombie & Fitch and Limited Stores.
“Jerry’s talent and outstanding operational track record make him a strong addition to the Coach management team,” said Lew Frankfort, chairman and CEO of Coach. “He is highly regarded for his strategic focus, team leadership, strong analytical and technical skills and exceptional business acumen. His experience in transformational change and global markets make him uniquely qualified to build upon the foundation Keith Monda created at Coach.”
Coach also announced that Reed Krakoff, president and executive creative director, has entered into a further three-year extension to his original employment agreement, which will now be in effect through June 2014.
Amazon engages in social networking
SEATTLE Amazon.com today launched two applications on the social networking site Facebook that allows users to see what their friends would like to get from Amazon, as well as their activity on Amazon.com. Amazon Giver allows users to see what their friends on Facebook have on their Amazon Wish Lists. Users can choose to purchase a gift for them from Amazon.com via the application, or view suggested items based on interests they have listed on their Facebook profile. Amazon Grapevine allows users to see friends’ activity on Amazon.com, such as when they update their Wish List, write a review or tag a product, via News Feed updates.
Amazon said that both features share only the information with Facebook users’ friends that each user has affirmatively chosen to share via an opt-in mechanism.
“Amazon.com is pleased to bring the convenience of shopping on Amazon to our customers, many of whom are also Facebook users, with the Amazon Giver and Amazon Grapevine applications on Facebook Platform,” said Eva Manolis, vp of Amazon.com. “By combining Amazon’s vast selection of products with Facebook’s millions of users, we are able to make activities like gift-giving more efficient and rewarding for Facebook users.”
Office Depot expands printing services
DELRAY BEACH, Fla. Office Depot has added large format printing capabilities to its stores through the Office Depot Design, Print & Ship Depot. According to the company, customers can now print signs, posters and banners; visual aids; photo enlargements; store signage; engineering print services such as blueprints, schematics, drawings, and maps – all up to 60 inches wide.
Customers will also have access toXerox Certified print specialists who will help them with their projects.
Large format prints are available on a variety of media types including: matte presentation paper, glossy photo paper, artist canvass and indoor/outdoor vinyl materials.
“Today’s small business customer is looking for more than just a place to make photocopies – they are looking for a true partner that will help them take care of their business,” said Randy Pianin, senior vp of the Office Depot Design, Print & Ship Depot. “Whether you are an architect in need of a last-minute blueprint, or have a store that needs a sign or banner, Office Depot has the solution.”