The company will continue to provide strategic management andaccount services for The Retail Group through the leadership ofChristopher Gunter, managing principal and co-founder and GeneSilverberg, chief executive officer.

No reason was given for Owens' dismissal. But the company didissue a statement by Gunter saying: "I'm proud to say throughoutthe many years The Retail Group has been in business, thecreativity and vision of our team, and our ability to deliveroutstanding results, has brought us great industry recognition. Weare absolutely committed to serving our clients, and are confidentin the continued success of The Retail Group. We all wish J'Amy thebest in her future endeavors."

Owens could not be reached for comment on the matter.

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