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House Judiciary Committee Releases Principles on Internet Sales Tax  Sep 18, 2013 11:57 AM By Multichannel Merchant Staff

Today the House Judiciary Committee released basic principles pertaining to the issue of Internet sales tax. To develop these principles, the Committee received input directly from taxpayers, industry and trade groups, and representatives of state and local governments. The principles are intended to guide discussion on this issue and spark creative solutions.

Report: Email Marketing Takes a Dip while Tablet Use Jumps  Sep 13, 2013 10:52 AM By Erin Lynch

If the forecasting of a recent Monetate report is accurate, marketers might want to revise their ecommerce email plan since its influence rate is starting to dip with consumers. But the forecast isn’t all bad news, according to the report, not only is social traffic on the rise for consumers but tablets should outpace smartphones this year.

Toys R Us Outlines Omnichannel Holiday Strategy  Sep 12, 2013 4:47 PM By Tim Parry

Toys R Us chief merchandising officer Richard Barry has provided his insight and vision surrounding the company’s omnichannel holiday strategy, as well as investments being made in its mobile capabilities.

J.Crew 2Q Direct Sales up 13%  Sep 12, 2013 4:30 PM By Multichannel Merchant Staff

J. Crew’s second quarter direct sales increased 13% to $151.8 million following an increase of 16% in the second quarter last year.

Neiman Marcus Sold for $6 Billion  Sep 09, 2013 3:29 PM By Daniela Forte

Ares Management LLC and Canada Pension Plan Investment Board announced plans to acquire Neiman Marcus Group from a group of investors led by TPG and Warburg Pincus for $6 billion, according to a press release.

Stritzke Named President and CEO of REI  Sep 06, 2013 11:08 AM By Erin Lynch

Outdoor apparel and gear retailer, REI, has named Jerry Stritzke as the company’s president and CEO following an extensive national search. Prior to joining REI, Stritzke was the president and COO at Coach but resigned on September 2.

Email Volume, Open Rates Both Rise  Sep 05, 2013 1:31 PM By MCM Staff

Overall email volume for the second quarter of 2013 increased 17.9% over the same period in 2012, and unique open rates increased 7.2% year-over-year, according to the Q3 2013 email benchmark report by Experian Marketing Services. Here’s what the report uncovers about other email trends, including mobile.

Jarden to Acquire Yankee Candle For $1.75 Billion  Sep 03, 2013 10:27 AM By Tim Parry

Jarden Corp. has agreed to acquire Yankee Candle Investments from Madison Dearborn Partners for approximately $1.75 billion in cash, subject to working capital and other adjustments. here’s why Jarden wants to add Yankee Candle to its portfolio of retail brands.

Deliv Brings Same-day Delivery to Mall Shoppers  Aug 29, 2013 6:04 PM By Tim Parry

Deliv has announced a partnership with a subsidiary of General Growth Properties to offer same-day delivery service to customers of four GGP shopping malls. Here’s a look at how Deliv’s same-day delivery program will work.

Sears Reports $194 Million Loss 2nd Quarter  Aug 22, 2013 10:11 AM By Erin Lynch

The Sears Holding Corporation, which operates Sears, Roebuck and Co., and Kmart, reported a 6% or $194 million loss in the second quarter. However, the online sales for both and grew over 20%.

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