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PR Newswire ARCHIVE

Target: Security Breach Affected 70 Million Customers  Jan 10, 2014 8:50 AM By Tim Parry

As part of its ongoing investigation into a security breach discovered last month, Target has determined that the stolen information includes names, mailing addresses, phone numbers or email addresses for up to 70 million individuals.

Barnes & Noble Reports 6.6% Decrease in Holiday Sales  Jan 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.

Ecommerce Holiday Shopping Numbers the Highest Ever  Jan 09, 2014 10:37 AM By Daniela Forte

CardinalCommerce reported record numbers for online transactions during the 2013 holiday season. Numbers were 46% more than the 2012 holiday season.

2,500 Layoffs, Store Closings Announced at Macy’s  Jan 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.

Rotunda Capital Acquires Majority Stake in Discount Ramps  Jan 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.

Amazon and L.L. Bean Best in Customer Satisfaction  Jan 08, 2014 9:33 AM By MCM Staff

During the 2013 holiday shopping season, Amazon and L.L. Bean tied for the highest company-level satisfaction, according to a recent report by ForeSee.

Holiday Season Ecommerce Spending Reached Record $46.5 Billion  Jan 07, 2014 9:39 PM By Tim Parry

comScore said that holiday season U.S. retail ecommerce spending from desktop computers for the full November-December 2013 holiday season, showing that $46.5 billion was spent online from desktop devices, an increase of 10% vs. year ago.

Polar Vortex Grounds Carriers  Jan 07, 2014 12:21 PM By Tim Parry

Consumers who are waiting for cold-weather gear they ordered online to stay warm during the polar vortex may not get these products shipped to them right away because of, well, the polar vortex.

Men’s Wearhouse Makes a Cash Offer to Jos. A. Bank  Jan 06, 2014 12:16 PM By Tim Parry

Men’s Wearhouse believes its $57.50 per share proposal to acquire Jos. A. Bank is compelling, and provides substantial value and immediate liquidity to Jos. A. Bank shareholders.

What’s the Big Idea, Staples?  Jan 02, 2014 10:04 AM By Tim Parry

Staples announced its latest “reinvention” campaign today with the launch of “Make More Happen,” a new tagline and campaign focused on how Staples’ expanded product assortment will help your businesses succeed.






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