MULTICHANNEL MERCHANT » EXECUTIVE
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.
Miles Kimball Co. president Vicki Updike announced Oct. 8 the company is changing its name to Silver Star Brands in a move to describe more accurately the merchant and the brand portfolio it offers. Here’s what Silver Star Brands president Vicki Updike has to say about the rebranding.
Macy’s Inc. will gear up for the holiday season by hiring 6,600 seasonal employees to work in its online fulfillment centers, and an additional 1,200 seasonal employees to work in the fulfillment areas of the 500 Macy’s stores that fill and ship orders directly to customers.
While some merchants say the Marketplace Fairness Act could put them out of business, one industry expert shared his thoughts on what the true cost the MFA will be for retailers.
Even though merchants are gearing up for the additional hiring of seasonal employees this holiday, a new report has found that “shaky” consumer confidence and an increased in efficiencies in the retail space could prevent seasonal hiring from hitting the great heights it did in 2012.
The Board of Governors of the USPS may vote this month on an exigent postage increase. See what the economic case for catalog mail needs to include.
The Marketplace Fairness Act of 2013 would give states broad power to enforce tax collection on remote sellers. But Congress could learn a lesson from the Streamlined Sales and Use Tax Agreement.
In anticipation of the upcoming holiday shopping season, Kohl’s announced that it will hire 50,000 seasonal employees nationally in various in-store, distribution center, and customer service positions.
Postmaster General Patrick R. Donahoe told a U.S. Senate committee that the U.S. Postal Service is in the midst of a financial disaster and that its cash liquidity remains dangerously low.
Shopping cart abandonment remains a major challenge for merchants, with the average online shopping cart abandonment rate at 75%. But that doesn’t mean you can’t win a cart abandoner back and convert him into a buyer.