Subscribe To X
PR NewswireJan 15, 2014 5:17 PM By Erin Lynch
J.C. Penney has announced that it will close 33 under performing stores across the country and laying off 2,000 employees in an effort to save $65 million.
PR NewswireJan 14, 2014 11:08 AM By MCM Staff
Total holiday retail sales, which includes November and December sales, increased 3.8% to $601.8 billion, which was in line with NRF’s projected forecast of 3.9% and $602.1 billion.
PR NewswireJan 13, 2014 4:32 PM By Erin Lynch
A new IBM study of more than 30,000 global consumers released at the 2014 National Retail Federation convention found consumers are willing to share their personal information with retailers, particularly if they get good value in exchange.
PR NewswireJan 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.
PR NewswireJan 10, 2014 1:49 PM By MCM Staff
Overstock.com has announced it is now accepting the controversial cryptocurrency, Bitcoin, as a form of payment along with Visa, MasterCard and PayPal.
PR NewswireJan 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.
PR NewswireJan 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.
PR NewswireJan 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.
PR NewswireJan 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.
PR NewswireJan 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.
Posted 1 day ago
Posted 2 days ago