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M&A and FinancialNov 29, 2013 11:04 AM By Tim Parry
Thanksgiving Day ecommerce sales were up 19.7% over the same period in 2012, according to the online sales trends compiled for the IBM Digital Analytics Benchmark. Sales were moderate, and then boomed around the same time retailers opened their doors Thanksgiving night.
M&A and FinancialNov 26, 2013 9:39 AM By Tim Parry
Less than 7 weeks after Jo.s A. Bank looked to acquire troubled apparel merchant Men’s Wearhouse, Men’s Wearhouse made an offer Tuesday to acquire Jos. A. Bank for $1.2 billion.
M&A and FinancialNov 21, 2013 2:23 PM By Tim Parry
Williams-Sonoma Inc.’s direct-to-customer revenues for the third quarter were more than $511 million, a 14% increase compared to the same period in 2012. Direct made up 49% of all revenues for the comapny.
M&A and FinancialNov 20, 2013 10:54 AM By Tim Parry
Third-quarter net sales at JCPenney were down 4.8%, but its ecommerce arm continues to shine. Online sales through JCP.com were $266 million for the quarter, up 24.5% versus the same period last year and reflecting sequential increases through the quarter.
M&A and FinancialNov 13, 2013 4:21 PM By Erin Lynch
China’s largest shopping event, Single’s Day, topped nearly $6 billion in sales in just 24-hours, making it the largest single shopping day event in the world.
M&A and FinancialNov 07, 2013 1:08 PM By Erin Lynch
Vitamin Shoppe has announced its preliminary results for the third quarter which ended on September 28. According to the results, total net sales this quarter increased by 14% and ecommerce sales increased by nearly 18% compared to 2012.
M&A and FinancialNov 01, 2013 10:44 AM By MCM Staff
Closeout retailer Big Lots has decided to exit the wholesale business. The merchant will wind down operations of Big Lots Wholesale, Consolidated International, and Wisconsin Toy wholesale operations by the end of fiscal 2013.
M&A and FinancialNov 01, 2013 10:16 AM By Tim Parry
The merger of equals proposed by OfficeMax and Office Depot would create a $17 billion office supplies empire.
M&A and FinancialOct 08, 2013 3:19 PM By Tim Parry
Fifth & Pacific Companies said on Oct. 7 that it agreed to sell the intellectual property of the Juicy Couture brand to Authentic Brands Group for $195 million cash.
M&A and FinancialAug 22, 2013 10:11 AM By Erin Lynch
The Sears Holding Corporation, which operates Sears, Roebuck and Co., and Kmart, reported a 6% or $194 million loss in the second quarter. However, the online sales for both sears.com and kmart.com grew over 20%.