OPERATIONS

Gordon Brothers names co-presidents of its retail division

BY Marianne Wilson

Boston — Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors announced that Robert E. Grosskopf and Richard P. Edwards have been appointed co-presidents of the retail division. They will jointly assume responsibility for the division’s growth strategy while overseeing all client engagements and daily operations.

Kevin J. Kulinowski, having served as president of the retail division for the past three and a half years will assume the position of senior Advisor where he will continue to play a critical role in maximizing asset values, project strategy, due diligence, appraisal valuations and working with key clients.

"Given Bob and Rick’s combined 40 years at Gordon Brothers and strong relationships in the industry, this transition will be seamless and position the Retail Division extremely well for the future," stated Ken Frieze, president of Gordon Brothers Group. "Rick, Bob and Kevin have spent many years working together to guide the retail division. While their roles are changing, their continued partnership promises to maintain the Retail Division as the market leader for event-driven inventory and fixture solutions for retailers, their lenders and advisors," he added.

Gordon Brothers Group also announced the hiring of Andrew H. Stone as managing director of field operations in the Retail Division. Stone brings over 25 years of retail experience to Gordon Brothers Group having held previous senior management positions at Office Depot.

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News

CrowdSource acquires Servio

BY Staff Writer

Swansea, Ill. — CrowdSource, a leading provider of managed crowdsourcing solutions, announced it has entered a definitive agreement to acquire San Francisco-based Servio, a competitor in the enterprise crowdsourcing industry. The acquisition will strengthen CrowdSource’s client portfolio, expand its workforce and augment its current service offerings.

Crowdsourcing is the business practice of outsourcing projects to an online community of workers with specialized skills. CrowdSource meets large-scale content creation and content moderation needs of online retailers and online publishers, and it also offers solutions in data gathering and data management.

While Servio and CrowdSource offer similar solutions, Servio emphasized catering its solutions to large online retailers. This acquisition will allow CrowdSource to expand its capabilities and provide more complete solutions for online retailers.

This pairing is a step toward consolidating the crowdsourcing industry, which is expected to grow by 90% in 2013. More than 2,000 enterprise companies world-wide have adopted crowdsourcing as part of their labor mix.

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MARKETING/SOCIAL MEDIA

Cabela’s ups its omni-channel mobile experience

BY Dan Berthiaume

Sidney, Neb. — Cabela’s recently launched a new and improved mobile website for customers using handheld devices or smartphones. The new site gives customers a seamless mobile shopping experience offering the same information and services as Cabelas.com.

Cabela’s now offers an omni-channel mobile shopping experience, enabling consumers to add to the cart, purchase gift cards, locate a store, or click to call to place an order. Other features, some of which will launch in 2014, include additional checkout options that enable customers to use Cabela’s Club Visa card points when checking out and have access to easier shipping and payment options, product ratings and reviews, and login to Cabela’s online accounts via Facebook and Twitter.

“Cabela’s is dedicated to keeping in touch with our customers and being easily accessible all the time,” said Corey Bergstrom, Cabela’s VP of digital and e-commerce. “With our updated mobile website, we are able to provide services that customers will find convenient, plus full access to Cabela’s products. The Millennial shopper wants and expects different options when shopping. Cabela’s is making it as easy as possible to access our extensive assortment of outdoor merchandise, as well as store location information.”

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