HMV Names New CEO
London, Britain’s HMV Group plc has appointed Simon Fox as CEO, effective Sept. 28. Fox, most recently COO of electrical-goods retailer Kesa Electricals plc, will take over the role from Alan Giles at the company’s annual meeting in September.
The Home Depot Introduces Home Decor Catalog
Chicago, The Home Depot is aiming to attract more female customers and soften up its image with its new catalog-only home decor business, according to a report by The Chicago Tribune. The Home Depot Direct catalog features merchandise vignettes and has Pottery Barn-like overtones. The similarities were acknowledged by Harvey Seegers, president of Home Depot Direct.
“I wouldn’t say we are trying to create the Williams-Sonoma (Pottery Barn’s parent) look and feel, but it is designed to be a high-end presentation, the kind that people associate with Williams-Sonoma,” said Seegers in the article.
Amazon.com Launches On-Line Grocery Store
Seattle, Amazon.com Inc. launched a new on-line grocery store that sells items ranging from household products to organic food. The new on-line store sells more than 1,200 brands; about half of the merchandise is natural or organic. Amazon.com said it would offer first-time customers a $10 instant rebate on grocery purchases of $49 or more.