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News ARCHIVE

Amazon Strikes Deal with Atlas Air, Takes Stake in Company  May 05, 2016 1:18 PM By Mike O'Brien

Continuing its relentless push into logistics to shore up carrier network capacity issues, Amazon has struck a deal with major air transport firm Atlas Air of Purchase, NY, leasing 20 of its Boeing 767-300 jets and taking up to a 30% stake in the company. Atlas is also a supplier of transport planes to UPS.

Kohl’s Customers Can Now Earn Rewards Using Apple Pay  May 05, 2016 10:55 AM By Daniela Forte

Kohl’s now make it possible for its customers to begin using Apple Pay and simultaneously earn Yes2You Rewards loyalty points. See what other benefits this brings to customers.

Pregis Announces $17M Expansion, Name Change to Pregis Films  May 05, 2016 9:43 AM By MCM Staff

Pregis is investmenting $17 million in its Grand Rapids, MI facility, while also changing its name to Pregis Films, reflecting a 2015 acquisition.

Shopify Offers Same-Day Delivery with Postmates Option  May 04, 2016 11:09 AM By Mike O'Brien

Looking to differentiate from competitors on fulfillment speed, Shopify is offering its small-to-medium-sized merchant customers same-day delivery services – often within an hour – through an integration partnership with Postmates

Aeropostale Files for Bankruptcy, Closing 113 U.S. Stores  May 04, 2016 10:35 AM By Mike O'Brien

Amid difficult days for apparel companies, embattled teen retailer Aeropostale as expected has filed for Chapter 11 bankruptcy protection, and plans to close 113 U.S. stores. It joins other recent companies including Sports Authority and Vestis Retail Group, owners of Sports Chalet, Eastern Mountain Sports and Bob’s Stores.

Plow & Hearth Acquires Assets of Children’s Wear Digest, Inc.  May 03, 2016 4:32 PM By MCM Staff

Plow & Hearth, LLC. announced that it has acquired certain assets of Children’s Wear Digest, Inc. See what this means for both brands.

Net-A-Porter and Tiffany & Co. Announce Global Collaboration  May 03, 2016 4:16 PM By MCM Staff

NET-A-PORTER and Tiffany & Co. have struck a global partnership to make select Tiffany designs available on NET-A-PORTER.COM for a limited time. NET-A-PORTER is the only authorized online destination beyond Tiffany’s own channels for its iconic jewelry products, helping the brand reach new customers among NET-A-PORTER’s audience in more than 170 countries.

FedEx-TNT Merger Clears Final Hurdle With Chinese Approval  May 03, 2016 10:36 AM By Mike O'Brien

A final hurdle to FedEx’s proposed $4.8 billion acquisition of Dutch carrier TNT Express NV has been cleared via an unconditional approval from the Chinese Ministry of Commerce. The deal has already been blessed by authorities in the EU and Brazil, after an initial challenge last fall by the former. The deal will bring FedEx close to parity with UPS in Europe, or possibly launch it into second place behind EU market leader DHL.

Ebay Launches eBay Wine  May 02, 2016 4:23 PM By MCM Staff

Ebay launches ebay wine, offering eBay consumers a chance to browse new collectible, rare and everyday wines. See what eBay will offers its wine-loving customers.

The Limited Launches “Backroom at The Limited” Concept Store  May 02, 2016 3:45 PM By Daniela Forte

The Limited announced the launch of its new concept store, “Backroom at The Limited.” The brand boasts that it is different from “The Limited” and “The Limited Outlet” stores.






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