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PR Newswire ARCHIVE

Peters Leaves Office Depot  Jan 07, 2013 10:14 PM By MCM staff

North American president Kevin Peters has left Office Depot to take the position of Chief Executive Officer at an industrial distribution company.

Leslie’s Swimming Pool Supplies Acquires Ram Chemical and Supply  Jan 04, 2013 11:54 PM By MCM staff

Leslie’s Poolmart, Inc., the world’s largest retailer of swimming pool and spa supplies, is excited to announce the acquisition of Warehouse Pools, Inc. The acquisition includes the operation of 24 Warehouse Pool Supply retail stores and the warehouse and corporate offices of Ram Chemical and Supply.

Potpourri Group Acquires Cuddledown  Jan 04, 2013 8:52 PM By Tim Parry

Potpourri Group announced yesterday that last month, it had acquired Cuddledown, Inc., a multichannel direct retailer of high-end bedding related products, for an undisclosed sum.

Google Agrees to Change Business Practices in Response to FTC Concerns  Jan 04, 2013 7:13 PM By MCM staff

Google has agreed to change its business practices to resolve a concern by the Federal Trade Commission in the markets of smartphones, games, tablets and online search. According to FTC chairman Jon Leibowitz, the changes Google has agreed to make will ensure that consumers will reap the benefits of online marketplace competition.

Comscore: Holiday Ecommerce Sales Rise 14%  Jan 04, 2013 2:17 AM By MCM staff

$42.3 billion was spent online during the entire November-December holiday shopping season, marking a 14-percent increase from 2011, according to online measurement service comScore.

Donahoe: Congressional Inaction Heightens Postal Service Financial Crisis  Jan 03, 2013 10:32 PM By MCM staff

“We encourage the new 113th Congress to make postal reform an urgent priority, and to work steadily toward the quick passage of reform legislation,” said Postmaster General Patrick Donahoe. “We will continue to work with leaders of our House and Senate oversight committees and all members of Congress to help make this happen.”

FTC Looking into Vitamin Shoppe Planned Acquisition  Dec 31, 2012 6:54 PM By MCM staff

The Federal Trade Commission is currently investigating a plan by the Vitamin Shoppe to acquire Super Supplements, Inc. Although no reason was given in the press release as to why the investigation is being conducted, the Vitamin Shoppe says both companies are complying with the FTC and that the penned acquisition date has been moved to March 1, 2013.

Amazon Tops ForeSee’s Holiday E-Retail Satisfaction Index  Dec 27, 2012 7:09 PM By MCM staff

For the eighth consecutive year, Amazon.com delivered the best online customer satisfaction during the holiday shopping season according to the ForeSee annual Holiday E-Retail Satisfaction Index

Free Shipping Day Spurs Late-Season Online Spending Surge  Dec 24, 2012 5:42 PM By MCM staff

We typically do not see such heavy spending this late in the season, but the fact that Free Shipping Day occurred on a Monday, combined with the fact that so many retailers extended their promotions into the middle of the week — with guaranteed shipping by Christmas — helped deliver an encouraging late-season surge. The result has been a significant uptick in the season-to-date growth rate, which now stands at 16 percent.

Oracle Purchases Eloqua for $871 Million  Dec 21, 2012 10:22 PM By MCM staff

Oracle Corp has agreed to acquire Eloqua, Inc., a maker of marketing automation software, for approximately $871 million. The Eloqua deal builds upon Oracle’s previous acquisitions of Vitrue and RightNow.






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