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MCM TUESDAY

News and Intelligence for the Multichannel Merchant

May 07 , 2013

MCM Tuesday
 
Best Buy to Sell its Stake in Europe
Consumers Stretch Their Budgets This Mother’s Day
Senate Approves Internet Sales Tax
Wal-Mart Tops Fortune 500 List
Adam & Eve Experiences 37% Sales Increase
JCP Asks Customers to “Come Back”
OfficeMax Upgrades B2B Customer Experience

Best Buy to Sell its Stake in Europe

By Erin Lynch

Best Buy has entered into an agreement to sell 50% of its interest in Best Buy Europe, according to a statement issued by the electronics retailer, back to Carphone Warehouse.

FULL ARTICLE

Consumers Stretch Their Budgets This Mother’s Day

By Daniela Forte

´╗┐Consumers are expected to spend an average of $168.94 on mom, this Mother’s Day. This is an 11% increase from last year’s $152.42 and total spending is expected to reach $20.7 billion, according to the National Retail Federation’s Mother’s Day spending survey conducted by BIGinsight, in a press release.

FULL ARTICLE

Senate Approves Internet Sales Tax

By Erin Lynch

The Senate has approved the long-anticipated internet sales tax proposal, which would require shoppers to pay sales tax for most of their online purchases, and it has earned mix reviews from retailers across the country.

FULL ARTICLE

Wal-Mart Tops Fortune 500 List

By Erin Lynch

Wal-Mart landed back in the top spot of the annual Fortune 500 list in 2013 after it reportedly earned $469 billion in revenue, according to the list.

FULL ARTICLE

Adam & Eve Experiences 37% Sales Increase

By Erin Lynch

Adam & Eve announced that 1st quarter 2013 sales were up a whopping 37% over 1st quarter 2012. First quarter profits for 2013 were up as well.

FULL ARTICLE

JCP Asks Customers to “Come Back”

By Erin Lynch

J.C. Penney took to Facebook to acknowledge the marketing mistakes it has made over the past year and a half and is now asking customers to “come back” according to a post on its Facebook page.

FULL ARTICLE

OfficeMax Upgrades B2B Customer Experience

By Erin Lynch

OfficeMax has announced a new search engine, with content and navigation improvements on its new B2B site, OfficeMaxWorkplace.com, to deliver a faster and more streamlined online shopping experience.

FULL ARTICLE

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