A new forecast from Forrester Research credits greater online spending by Canadians, lower shipping costs and more selection for the spending increase.
Toysrus.com announced that Jonathan F. Foster, who played a key role in the company's recently announced and launched strategic alliance and co-branded site with Amazon.com, will resign as executive vice president, chief operating officer and chief financial officer.
John Barbour, CEO of Toyrus.com, said, "Jon is a highly respected operations and financial executive who has played an essential leadership role in the development of Toysrus.com. He has brought together the proven Toys "R" Us brand, one of the most popular family brands in the world, with the power of Amazon, the leading global e-commerce company. We are grateful for Jon's important contribution to our success, and wish him well." As COO and CFO, Foster had direct responsibility for fulfillment, customer service, human resources, recruiting and finance.