MULTICHANNEL MERCHANT » EXECUTIVE
Executives from 11 companies share their reasons why the Marketplace Fairness Act would be a burden to their companies – and to their customers.
Dick’s Sporting Goods reported a lower-than-expected second quarter, which the sports retailer said was due in large part to “higher levels of precipitation and cooler temperatures.” Dick’s, however, did report that net sales for the second quarter increased 6.6% to $1.5 billion.
Innotrac announced its financial results for the second quarter and is reporting a 27% increase in net service revenues.
Kewill, a provider of multimodal transportation software, announced that it has signed a definitive agreement to acquire the assets of Four Soft, a software company headquartered in Hyderabad, India. The acquisition is expected to close within 90 days and will expand Kewill’s existing position in the Supply Chain Execution software market.
OfficeMax released it’s second quarter financials and according to the report the office supply retail saw a 4.3% decrease in sales.
Fifth & Pacific, which includes clothing and lifestyle brands such as Juicy Couture, Kate Spade, and Lucky Brand, released it’s second quarter financials which showed a net sale increase of $45 million.
Wayfair.com, an online home furnishing retailer, has announced the acqusition of lifestyle retailer DwellStudio for an undisclosed amount of money. Wayfair.com said the acquisition not only adds product design and development to the brand portfolio but also means the possibility of new product lines by the end of 2013.
Clothing retailer Hanes has announced that it will acquire intimate apparel retailer Maidenform to the tune of $575 million.
Amazon announced on July 29 that it is creating more than 5,000 new full-time jobs in its U.S. fulfillment network to meet growing customer demand. Fulfillment associates and lead fulfillment associates are being hired at 17 fulfillment centers across 10 states.
There are many killers that can bring about the death of a crosschannel marketing effort at different stages in its development. Here’s how to avoid them.