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North American president Kevin Peters has left Office Depot to take the position of Chief Executive Officer at an industrial distribution company.
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 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 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.
$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.
“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.”
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.
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
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 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.
by George Chang
Posted 7 hours ago
Posted 7 hours ago