FINANCE

Zumiez Soars in May; Hot Topic Declines

BY CSA STAFF

New York City, On Wednesday, Zumiez Inc. announced that total net sales for the month of May increased 51.6% to $22.7 million. Same-store sales increased 11.2% over that same period.

Hot Topic reported that same-store sales dropped 6.1% in the month of May. Total sales declined 2% to $45.1 million in that same period.

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Sea Gull Lighting hires efficiency expert

BY CSA STAFF

RIVERSIDE, N.J. Sea Gull Lighting Products has named Paul Vrabel as director of its energy-efficient products group. Vrabel is responsible for the sales, marketing, and development of the company’s energy efficient products category. Additionally, Vrabel will serve the organization as the lead liaison to utility companies and government agencies such as the U.S. Environmental Protection Agency, Department of Energy and Sea Gull Lighting business partners to develop the next wave of energy-efficient lighting products.

Prior to joining Sea Gull Lighting, Vrabel worked for ICF International, a global professional services firm that partners with government and commercial clients to deliver consulting services and technology solutions in energy, environment, transportation, social programs, defense and homeland security.

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Amazon lends name to Chinese site

BY CSA STAFF

BEIJING Amazon announced today that Chinese investment, Joyo.com, provider of Chinese language books, has changed its name to “Joyo Amazon.” The announcement came at a press conference in Beijing hosted by Joyo.com’s president, Hanhua Wang, and Amazon.com founder and ceo, Jeff Bezos.

“We at Amazon are contributing our extensive technology and expertise to make Joyo the very best in the world at serving customers,” said Jeff Bezos, “We are very proud to be associated with them.”

Originally launched as an online bookstore in 2000, the newly branded Joyo Amazon site offers customers hundreds of thousands of items in 20 categories including electronics, watches, mother/baby product, kitchen and health/personal care. In addition, Joyo.com now provides COD delivery to more than 330 cities in China and same-day delivery to customers in Beijing, Shanghai, and Guangzhou.

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