Buy.com adds home improvement products
Buy.com, a leading e-commerce marketplace, has expanded into the home improvement arena through a partnership with CPO Commerce, a leading supplier of new and reconditioned tools and other home channel products. Customers can now shop for more than 6,000 hammers, drills, saws and other tools, all with free shipping, through Buy.com’s CPO Outlets store online section. Products also include floor care, ceiling fans, saws, generators, lawn care products, pressure washers and compressors.
Buy.com now features more than 15 million product listings from thousands of third-party retailers spanning more than 25 product categories, including games, apparel and shoes, books, bags and luggage, fragrance, software, sporting goods, jewelry, toys, wine and more.
CPO Commerce, based in Pasadena, Calif., operates 30 co-branded home improvement e-commerce sites. Many of them carry both new and closeout, discontinued and factory-reconditioned products. It recently purchased TylerTools.com.
Former HD exec named Office Depot president
Kevin Peters, a former Home Depot executive, has been named president, North America of Office Depot. This new position combines North American Retail (NAR) and North American Business Solutions (BSD) divisions. He will be responsible for all customer-facing sales channels (retail, contract, direct and e-commerce) and P&L in North America.
"For the first time, we are consolidating all of our North American operations under one leader, allowing us to break down silos, increase our productivity and improve the execution of our key initiatives," said Neil Austrian, chairman and CEO.
Kevin Peters joined Office Depot as EVP supply chain in October 2007 and was appointed EVP supply chain and information technology in March 2009.
He was named president, North American Retail, in April 2010.
Prior to joining Office Depot, Peters worked at W.W. Grainger, as SVP supply chain and merchandising. He also spent 11 years at Home Depot, serving as VP and general manager, Home Depot Commercial Direct, and VP supply chain and merchandising.
Retail sales hold steady in June
The nation’s retailers showed a sales increase of 0.1% in June, according to the Advance Monthly Sales report released Thursday morning by the U.S. Census Bureau.
Adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, June sales were estimated at $387.8 billion, an increase of 0.1% from the previous month. Compared with the same month last year, total sales were up 8.1%.
For NAICS 444 — the category measuring building material and garden equipment and supplies dealers, including hardware stores and home centers — June sales were $25.140 billion, up 1.3% from $24.806 billion in May, and up 7.8% from from $23.330 billion in June 2010.