MULTICHANNEL MERCHANT » EXECUTIVE
ExecutiveJan 13, 2014 10:55 AM By Erin Lynch
While Overstock.com announced last week that it has begun accepting Bitcoins as an online payment option, not all merchants are embracing the crypto-currency. The Chinese ecommerce platform Alibaba Group said in a statement that it has banned the controversial payment option from all its Taobao marketplaces.
ExecutiveJan 09, 2014 11:47 AM By Erin Lynch
The Barnes & Noble retail segment, which includes traditional brick-and-mortar stores and BN.com, released its 2013 holiday sales results which show a 6.6% decline compared to last year.
ExecutiveJan 08, 2014 5:23 PM By Erin Lynch
In an effort to save nearly $100 million annually, Macy’s has laid out a cost reduction plan which includes laying off 2,500 workers and the closing of a handful of its brick-and-mortar stores.
ExecutiveJan 08, 2014 4:43 PM By Tim Parry
Rotunda Capital Partners has acquired a majority stake in Discount Ramps, LLC from the online retailer of transportation and hauling products’ founder Joel Lederhause. The financial terms of the deal, which closed Dec. 20, were not disclosed.
ExecutiveJan 01, 2014 8:30 PM By Graham Cooke
With the new year and new budget assessments upon us, this is a critical time for merchants to assess and reevaluate their strengths and opportunities. Marketers may experience many stages of resolutions, but to truly reap the benefits of 2014, all the following outlined should be realized.
ExecutiveDec 23, 2013 10:50 AM By Erin Lynch
In a continuing game of back-and-forth, Jos. A. Bank has rejected the acquisition proposal from Men’s Wearhouse, citing the billion dollar proposal was “significantly undervalued.”
ExecutiveDec 18, 2013 1:40 PM By MCM Staff
SLI Systems announced that Tim Callan has been named Chief Marketing Officer.
ExecutiveDec 18, 2013 1:03 PM By Erin Lynch
FedEx released its second quarter financials on Dec. 18, which showed a net income of $500 million, up 14% from last year’s $438 million.
ExecutiveDec 17, 2013 2:11 PM By Daniela Forte
Hudson’s Bay Company announced that Donald Watros, who is currently the company’s chief operating officer, has been named president of HBC effective Feb. 1, according to a press release by HBC.
ExecutiveDec 12, 2013 4:19 PM By Erin Lynch
With the addition of three new distribution centers in California, Atlanta, and Ohio, Home Depot announced plans on Dec. 11 to develop same-day shipping capabilities.