Former Loehmann’s CEO Steven Newman Appointed to Joinem Board of Directors

Joinem (http://www.joinem.com/), the community-powered digital store where shoppers buy together to save together, today announced that retail veteran Steven Newman has joined the company’s Board of Directors. Newman will advise on Joinem’s strategic direction, merchandising selection and customer experience.

“Before Joinem, the retail industry had yet to incorporate the elements of collaboration and sharing into commerce. With 150 million Facebook users already sharing ways to find better deals with their friends, combined with our unique value proposition of delivering the lowest possible price online on thousands of leading products, there is a tremendous market opportunity for Joinem,” said Rick Braddock, executive chairman of Joinem. “Steven’s extensive retail background and successful track record make him a strong asset to our team as we continue to disrupt and reshape the digital commerce landscape.”

Newman brings more than twenty-five years of experience to Joinem’s Board of Directors, most recently as CEO of Loehmann's, where he introduced the company’s first ecommerce business. Prior to Loehmann’s, Newman was President and on the Board of Directors of women's specialty retailer Ashley Stewart, where he oversaw all company areas and led merchandising, marketing, planning and allocation, social media and fashion direction. Newman also previously served as Executive Vice President at New York & Company Inc., and was responsible for merchandising, design and store presentation. Before New York & Company Inc., he served as the President of Eddie Bauer Apparel and before that, President of Brooks Brothers, Inc.

“In today’s crowded e-commerce landscape, Joinem has elevated itself by tapping into the immense social media market and serving a fundamental commerce need,” said Newman. “I look forward to leveraging my years in the retail industry to propel the company’s growth and success.”

About Joinem

Joinem is a community-powered digital store that connects like-minded shoppers to unlock group savings. For each item, Joinem instantly scans every mega-retailer’s website for the lowest price online. Using WePower™ – the power of the Joinem community – shoppers can earn up to an additional 25 percent off in group savings on thousands of leading brands. Joinem is positioned to transform the buying and selling of digital goods by monetizing the networking, sharing intent and collective purchasing power of social media on a transactional platform. To learn more please visit www.joinem.com.

Contacts:

Media Inquiries:
For Joinem
Joe Ferrary, 646-277-1281
Joinem@icrinc.com

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