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DealYard makes e-commerce site more customer-friendly

BY Dan Berthiaume

Westbury, N.Y. – Online discount retailer DealYard has optimized its site in a customer-friendly way, using personalized recommendations that are provided by CRM vendor 4-tell. In addition, users will receive ideas on what to add next, a feature provided by VeInteractive.

Some of the new technologies that the DealYard team has integrated into a user’s shopping experience include solutions that deliver personalized recommendations via online and email, as well as promotional offers during checkout. DealYard is also now working with other online retailers, such as eBay and Amazon, to continue expanding its offering globally. DealYard is also expanding to an international customer base that extends to countries including Canada, Germany, and New Zealand.

"I’ve long held that DealYard is the sum of its parts,” said Rob Heller, CEO of DealYard. “We’re all working together every day to make it even better. And part of acknowledging the spirit of teamwork is collaborating with smart new technologies and incorporating them into our own website."

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Arden Group acquisition attracts possible lawsuits

BY Dan Berthiaume

Compton, Calif. – Numerous law firms have launched investigations into the board of directors of Arden Group, Inc. to determine possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to the investment firm TPG.

The investigations concern whether the Arden Group board of directors breached their fiduciary duties to stockholders by failing to adequately shop the company before agreeing to enter into this transaction, and whether TPG is underpaying for Arden Group shares. At least eight law firms have announced investigations into Arden Group, parent of the 17-unit Gelson’s grocery store chain.

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HH Gregg searches for new CFO

BY CSA STAFF

Consumer electronics retailer HH Gregg is looking for a new chief financial officer after Jeremy Aguilar resigned from the company to accept a similar role elsewhere.

Aguilar spent eight years with the Indianapolis-based operator of 228 stores. His resignation is effective as of January 31 at which time SVP of finance Andrew Giesler will assume CFO responsibilities on an interim basis.

“I would like to thank Jeremy for his leadership and many contributions to HH Gregg over the past eight years,” said HH Gregg president and CEO Dannis May. “Jeremy has been an instrumental member of our leadership team and helped support the growth of the company’s store base as we work toward becoming a national retailer. We are fortunate to be making this transition with a deep and experienced finance team in place.”

Interim CFO Gieseler joined HH Gregg in 2007 and has held several finance roles at the company. In addition to his current position, Giseler served as vp of finance, controller and director of finance and investor relations.

According to May, “Andy Giesler is a talented and experienced finance executive and I am confident he will lead the transition effectively. The company continues to pursue its key business strategies and Andy has been and will continue to be an important part of my team.”

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