Search Results for: Patrick R. Donahoe,
December 13, 2013
Belk Plans Ecommerce Distribution Center Expansion
Department store retailer Belk, Inc. announced plans to expand its ecommerce distribution and fulfillment center in South Carolina.
Through a release on its website the retailer said it has spent $9 million to “upfit additional space” at its 500,000 square-foot Jonesville facility …
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January 23, 2014
Ebay See’s 13% Boost in Sales, Knocks Down PayPal Spinoff
The global marketplace eBay has released its fourth quarter results and not only did it report a 13% increase sales, but it also declined a proposal to spin-off its payment program, PayPal.
Mobile was a major factor in the increase in …
February 14, 2014
Jos. A. Bank to Acquire Eddie Bauer for $825 Million
Jos. A. Bank has entered into a definitive agreement with Everest Topco LLC, a portfolio company of Golden Gate Capital, under which Jos. A. Bank will acquire Eddie Bauer in an $825 million cash and stock deal.
The purchase price for …
More...In News, PR Newswire
February 26, 2014
eBay and U.S. Department of Commerce Announce Promotional Partnership
SAN JOSE, Calif.–(BUSINESS WIRE)–Today, U.S. Commerce Secretary Penny Pritzker and eBay Inc. CEO John Donahoe announced a partnership to promote U.S. trade and investment expansion. The joint effort will focus on increasing awareness of the …
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December 3, 2013
FedEx VP Opens Up About All Things Amazon
Patrick Fitzgerald, FedEx Service senior vice president, sat down with Fox Business on Cyber Monday to candidly discuss the possibility of Sunday deliveries, the future for seasonal hires, and the much debated hot topic of Amazon drones.
Gearing up for …
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January 1, 2014
Multichannel Merchant’s Best of 2013
2013 has come and gone…
And maybe it even dragged on… and on… and on.
I guess it all depends on your perspective. Think about it – does twerking seem so last-year? How about that 0-6 start by the New York Giants? …
More...In Blog, Must Reads
January 15, 2014
Overstock.com Sees $130,000 in Sales with Bitcoin Payment Option
Overstock.com CEO Patrick M. Byrne took to Twitter to announce that within 24-hours of implementing Bitcoin as a possible payment option, his company received $130,000 in orders paid in the crypto-currency.
Overstock.com announced its partnership with Coinbase on Jan. 9, …
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February 10, 2014
USPS Ends Q1 with $354 Million Loss, Shipping Revenue Up 14%
While the U.S. Postal Service ended the first quarter of 2014 with a net loss of $354 million, its shipping business increased by 14%, according to a release issued on February 7.
While the $354 million loss marked a sustained loss for the Postal …
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