Value America Names Paul Ewert Executive Vice President of Merchandising.CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Dec. 1, 1999-- Leading Merchandiser to Push Product Depth Value America Value America or VA (valueamerica.com, va.com) was a dot-com company founded in Nevada in 1996[1] by Craig Winn and Rex Scatena, and relocated to Charlottesville, Virginia in February of 1998[1]. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : VUSA VUSA Vancouver United Soccer Alliance (Vancouver, WA) VUSA Visit United States of America - Discounted Airtickets ), the world's leading online superstore su·per·store n. A very large retail store that stocks highly diversified merchandise, such as groceries, toys, and camera equipment, or a wide variety of mechandise in a specific product line, such as computers or sporting goods. , today named Paul Ewert to the newly created position of Executive Vice President of Merchandising, reporting to Chief Executive Officer Glenda Dorchak. Ewert, a veteran merchandising executive from CompUSA and Target, will manage Value America's merchandising strategy across its entire range of more than 3,000 brands in over 30 different product categories. His responsibilities will include overseeing Value America's vendor relationships, product sourcing, sales and the company's gross margins. "Paul Ewert's extensive merchandising experience makes him uniquely qualified to build greater product depth, increase our gross margins and solidify so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our position as the one-stop e-commerce solution for consumers and business," said Glenda Dorchak, Value America's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We created this new position to ensure that we fully leverage the power of Value America's unique inventory-less e-commerce model that allows for unlimited shelf space." Ewert joined Value America in March of 1999 as President of the Technology Division. From 1991 to 1999, he worked for CompUSA as Senior Director, Vice President, and Senior Vice President, Merchandising. From 1983 to 1991, he worked in various field and merchandising positions for Target Stores, a division of Dayton Hudson. About Value America Value America, Inc. (valueamerica.com) launched the Internet's leading superstore in February 1997. Value America is a brand-direct and factory-authorized marketplace for technology, office and consumer products. With over 30 product categories, Value America offers customers superior value on products from more than 3,000 of the world's most trusted brands. Through unique multi-media product demonstrations, customers are provided with thorough product information, allowing them to make informed and confident buying decisions. Value America was the first to combine high tech and high touch by offering the convenience of online shopping with the personal benefits of real customer service. In addition, Value America is the first true "convergence-commerce" company, integrating the telephone, television, PC and wireless devices to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems consumers to shop its store. The Company is particularly proud of its alliance marketplaces that help fund and empower charities, universities, religious organizations and trade unions. This news release may contain statements of a forward-looking nature relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future events or the future financial results of Value America. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In evaluating such statements, investors should specifically consider the various factors which could cause actual events or results to differ materially from those indicated from such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including the matters set forth in Value America's reports and documents filed from time to time with the Securities and Exchange Commission. |
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