PR Newswire ARCHIVE

Sears May Spin Lands’ End Off  Oct 29, 2013 7:20 AM By Tim Parry

The company said that separating Lands’ End and Sears Auto Center would allow them to pursue their own strategic opportunities, optimize their capital structures, attract talent, and allocate capital in a more focused manner while bringing the business unit structure to life outside of the Sears Holdings portfolio.

Ingram Micro Acquires Shipwire  Oct 28, 2013 7:22 PM By Tim Parry

Ingram Micro announced that it has entered into a definitive agreement pursuant to which it will acquire global fulfillment service provider Shipwire. Terms of the deal were not disclosed.

Over 30% of Consumers Worried About Privacy with Loyalty Programs  Oct 28, 2013 2:48 PM By Erin Lynch

Loyalty programs are becoming increasingly popular among retailers and consumers alike. However, as more and more consumers are opting in to these types of programs, over 30% of shoppers say the amount of personal information requested by a merchant is a major factor when considering signing up for a loyalty program or not.

UPS Expects Cyber Monday Pick-up Volume to Rise 10%  Oct 28, 2013 2:32 PM By Tim Parry

UPS said it expects pick-up volume on Cyber Monday, Dec. 2, to eclipse 32 million packages globally, an increase of 10%.

Cyber Monday Attacks Cost Merchants up to $3.4 Million per Hour  Oct 28, 2013 11:35 AM By MCM Staff

While 64% of merchants see significant increases in cyber attack activity, only 23% of attacks can be detected quickly and remediated, and nearly 70% of merchants do not take additional precautions in anticipation of increased attacks.

Frederick’s of Hollywood Direct Sales Drop 22.3%  Oct 25, 2013 6:21 PM By Tim Parry

Frederick’s of Hollywood CEO Thomas Lynch said the FY 2013 results reflect the previous financial challenges the company has faced, which impacted its ability to fully deliver on its merchandising strategy and overall brand strategy.

Deloitte: Consumers Will Increase Spending This Holiday Season  Oct 23, 2013 10:55 AM By Tim Parry

Shoppers surveyed plan to shell out an average of $421 on holiday gifts this year, up from $386 last year, according to Deloitte’s 28th annual survey of holiday spending intentions and trends.

Under Armour Adds 2 Presidents  Oct 23, 2013 10:49 AM By Tim Parry

Kip Fulks has added President of Product to his current responsibilities as Under Armour’s Chief Operating Officer, while Henry Stafford is now serving as President of North America.

Amazon Raises Free Shipping Minimum to $35  Oct 22, 2013 6:44 PM By Tim Parry

Amazon spokesman Erik Fairleigh said in an email that the company had not changed the minimum order amount for free shipping in more than a decade. That amount was previously $25.

eBay Acquires Shutl to Beef Up Same-day Delivery  Oct 22, 2013 12:16 PM By Tim Parry

eBay has acquired U.K.-based same-day delivery courier service Shutl, and will use the acquisition to boost its eBay Now to 25 markets by the end of 2014. Financial terms of the Oct. 22 deal have not been disclosed.






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