SOURCE: Teikametrics


December 16, 2015 07:00 ET

Jim Speltz, Former Brookstone CEO and Retail Industry Veteran, Joins Teikametrics as Chief Operating Officer

Leading Provider of Amazon FBA Solutions Gears Up for Growth

BOSTON, MA--(Marketwired - Dec 16, 2015) - Teikametrics, the leading provider of software and service solutions for the Amazon reseller community, today announced that retail industry veteran Jim Speltz has joined its executive team. Speltz, who has assumed the role of chief operating officer, was most recently the president and CEO of Brookstone, the national multi-channel specialty retail brand. He will be working closely with company founder and CEO Alasdair McLean-Foreman to create a more efficient and profitable Amazon retailing operation for Teikametrics customers.

"Jim will help us develop technology and value-added content specific to the needs of today's online retailers, especially the 2 million third-party sellers who generate almost half of Amazon's sales," said McLean-Foreman. "Jim intimately understands the myriad challenges retailers face today and he recognizes the enormous opportunity we see in the Fulfillment by Amazon (FBA) program."

Amazon's FBA program allows third-party sellers to utilize the entire Amazon logistics and services infrastructure in order to drive profitable e-commerce sales. As Amazon continues to extend its dominance over the retail landscape, retailers are increasingly recognizing the value of an integrated relationship with the world's top e-commerce site for consumers. Teikametrics' Software as a Service (SaaS) platform offers a turnkey solution for profitably participating on the Amazon marketplace as part of a healthy e-commerce strategy. Their Insite for FBA software helps third-party retailers use Amazon market data to optimize inventory investments, streamline FBA shipping processes, dynamically price merchandise, and manage item-level profitability.

"The world of retail and consumer products is undergoing change unlike any other time in history," said Speltz. "It is exciting to be a part of shaping the new consumer shopping landscape. I am looking forward to working with Alasdair and the entire team to accelerate Teikametrics' growth. The company is already well positioned in the marketplace and together we will help Amazon third-party sellers to expand revenue and take market share in a profitable manner."

Speltz held many roles over the course of his 17-year career with Brookstone, including VP of E-Commerce, VP of Retail, COO, and CEO. He left the company after facilitating a sale of the company to private investors in late 2014. His hands-on retail experience includes merchandising, business development, e-commerce operations and strategy, and overall corporate management.

About Teikametrics
Teikametrics is the leading provider of software and service solutions for Amazon sellers. Founded in 2012 and based in Boston, its team of retail experts uses a proprietary software suite to dynamically optimize pricing, operations, and inventory performance for Amazon sellers of all sizes. Teikametrics focuses on sellers using Amazon's Fulfillment By Amazon (FBA) program, which allows retailers to utilize Amazon's vast logistics and services infrastructure. For more information, visit the Teikametrics website or follow the company on Twitter at @Teikametrics.

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