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The U.S. Postal Service lost $5 billion in fiscal 2013, which ended on Sept. 30. However, the USPS highlighted in a press release that it did see a slight revenue increase, thanks in part to an 8% growth in its package services business.
The Holiday 2013 shopping season has started early: Here are the 12 trends of Christmas shopping you need to watch.
Turnaround specialist Roland Smith was named chairman and CEO of Office Depot Inc. on Nov. 12, effective immediately, and replaces Office Depot’s Neil Austrian and OfficeMax’s Ravi Saligram, who were named co-CEOs of the merged company just last week.
It sounds like Amazon did its homework when it decided to offer Sunday delivery to its Amazon Prime members. And the U.S. Postal Service was smart enough to pounce on the opportunity to be its Sunday delivery provider.
Building 19 filed for Chapter 11 bankruptcy protection, and hired Gordon Brothers to liquidate the 10 remaining locations. The irony of New England off-price closeout retailer Building 19′s demise is that it started off in 1964 as a merchant that took advantage of other merchant’s misfortunes and failures.
J. C. Penney Company, Inc. (NYSE: JCP) (the “Company”) today reported that it continues to make meaningful progress in its turnaround and provided an update on the Company’s performance. Preliminary highlights include: ˙ Same store sales increased 0.9 % in October, marking a 490 basis point increase over September ˙ Sales on jcp.com increased […]
True partnerships substantially more likely to drive growth
By the time you read this blog post, you will probably already be sick of the Bitstrips phenomenon clogging up Facebook. And some people may be glad to know that my participation in Bitstrips probably means it has officially jumped the shark. You’re welcome, America.
Net sales at Blyth for the quarter ending Sept. 30 decreased approximately 33% to $179.5 million from $268.8 million for the comparable prior year period, primarily due to lower sales at ViSalus.
The merger of equals proposed by OfficeMax and Office Depot would create a $17 billion office supplies empire.
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