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  11.02.2000

WorldWide Retail Exchange Names CFO and CIO


Retail Executives Robert Heaton and Don Norman Join WWRE Leadership Team

ALEXANDRIA, VA. (Nov. 2, 2000) -- The WorldWide Retail Exchange (WWRE), the leading global business-to-business (B2B) exchange over the Internet, today announced the appointment of Robert Heaton as its chief financial officer (CFO) and Don Norman as its chief information officer (CIO), effective immediately.

Mr. Heaton joins the WWRE from Minneapolis-based Target Corporation, America's fourth largest general merchandise retailer, where he served as a consultant and was closely involved with the financials of the WWRE. Previously, Mr. Heaton was senior vice president and controller at U.S. Office Products in Washington, D.C. Prior to joining U.S. Office Products, he spent 13 years at Target Corporation in finance and operations, ultimately serving as the vice president of financial planning and analysis. Mr. Heaton holds a bachelor's degree in accounting and Chinese and a master's of business administration from Brigham Young University in Provo, Utah.

"Robert has played an important role in the development of the WorldWide Retail Exchange," said Colin Dyer, chief executive officer of the WWRE. "His experience and financial leadership will be integral to our growth and establishing our long-term financial stability."

Mr. Norman joins the WWRE from London-based Harrods, a world-famous department store with more than 300 departments and 6,000 employees, where he was group director of information technology and latterly acting CEO. Previously, Mr. Norman served as senior vice president and CIO of Kmart Corporation. Mr. Norman holds a bachelor's degree in economics from Clark University in Worcester, Mass.

"Don has a distinguished record of developing and executing large-scale information system strategies in large company environments," Mr. Dyer said. "His understanding of retailers, their suppliers and their systems will be a huge benefit to us as he spearheads our technology department."

The WWRE (www.worldwideretailexchange.org) is a Web-based B2B retail e-marketplace designed to facilitate and simplify trading between retailers and more than 100,000 suppliers, partners and distributors. Consisting of leading retailers from Africa, Asia, Europe and North America, the WWRE is open to all suppliers and retailers who wish to use it. Currently, the WWRE represents U.S. $596 billion or Euro 677 billion in combined sales.

WWRE membership includes:

  • Albertson's (U.S., NYSE: ABS)
  • Auchan (France)
  • Best Buy (U.S., NYSE: BBY)
  • The Boots Company (U.K., LSE: BOOT.L)
  • C&A Europe (Belgium)
  • Casino (France, ParisBourse: 12558)
  • Cora (France, PSE: 06176)
  • CVS/pharmacy (U.S., NYSE: CVS)
  • Dansk Supermarked (Denmark)
  • Dairy Farm International (Hong Kong, SES: DAIR.SI/Reuters, DAIRYNEW SP/Bloomberg)
  • Delhaize Group (Belgium, BSE: DEL)
  • Dixons Group plc (U.K., LSE: DXNS)
  • Edeka (Germany)
  • El Corte Ingles (Spain)
  • Gap Inc. (U.S., NYSE: GPS)
  • J.C. Penney (U.S., NYSE: JCP)
  • John Lewis (U.K., JLH)
  • Jusco (Japan, TSE: 8267)
  • Kesko (Finland, HEX: KES)
  • Kingfisher (U.K., LSE: KGF)
  • Kmart Corporation (U.S., NYSE: KM)
  • Longs Drugs (U.S., NYSE: LDG)
  • Makro Asia (Bangkok)
  • Marks & Spencer (U.K., LSE: MKS)
  • Meijer, Inc. (U.S.)
  • The Otto Versand (Germany)
  • Publix Super Markets (U.S.)
  • RadioShack Corporation (U.S., NYSE: RSH)
  • Rite Aid Corporation (U.S., NYSE, PSE: RAD)
  • Royal Ahold (The Netherlands, NYSE: AHO)
  • Safeway Inc. (U.S., NYSE: SWY)
  • Safeway plc (U.K., LSE: SFW.L)
  • Schlecker (Germany)
  • Seibu Department Stores Ltd. (Japan)
  • SUPERVALU INC. (U.S., NYSE: SVU)
  • Target Corporation (U.S., NYSE: TGT)
  • Tesco (U.K., LSE: TSC.OL)
  • Walgreen Co. (U.S., NYSE: WAG)
  • Wegmans Food Markets, Inc. (U.S.)
  • Winn-Dixie Stores, Inc. (U.S., NYSE: WIN)
  • Woolworths (Australia, ASX: WOW)
  • Wooltru Ltd. (South Africa, JSE: WLO).

 

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