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PR Newswire ARCHIVE

Genesco Sports Sues Visa for $13 Million  Mar 12, 2013 3:29 PM By Erin Lynch

Genesco, a sporting apparel retailer, has filed a $13 million lawsuit against Visa alleging the credit card company engaged in unfair business practices, among other actions.

Brown Printing Expands Mobile Solutions through Acquisition of Nellymoser  Mar 12, 2013 12:37 PM By MCM staff

Brown Printing has acquired Nellymoser, a mobile marketing and technology company. Nellymoser offers both a mobile companion application platform with self-service tools and packaged print-to-digital solutions, which are then, deployed by their customers as cross media campaigns.

Sears Holdings’ Online Sales Up 17% in FY 2012  Feb 28, 2013 3:01 PM By MCM staff

Sears Holdings’ integrated online business grew over 25% in the fourth quarter of 2012 and 17% for the full year.

38.1% Direct Sales Gain Fuels Yankee Candle’s Year  Feb 28, 2013 2:33 PM By MCM staff

Comparable sales in Yankee Candle’s Consumer Direct business increased by 47.7% over the prior year fourth quarter. For the year, direct sales were up 38.1%

J.C. Penney’s Web Sales Dropped 33% in 2012  Feb 28, 2013 9:00 AM By Tim Parry

The $1.02 billion in ecommerce sales for the year were the lowest for JCP since 2005, when it became the first retailer to break the $1 billion mark in online sales. Will the March 15 launch of Canadian fashion line Joe Fresh, and a revamped home store in May, help JCP differentiate itself online?

OfficeMax and Office Depot Merger Could Lead to Price Cutting and Re-branding  Feb 21, 2013 1:43 PM By Daniela Forte

Industry experts predict price cutting, store closings and possible re-branding will be part of a merged Office Max and Office Depot as they go after some of their biggest competitors in the office supply industry.

Wayfair.com Integrates Flash Deals into Everyday Shopping Experience  Feb 20, 2013 1:47 PM By MCM staff

Wayfai.com has announced the launch of Daily Fair, a new flash sale feature to engage shoppers with significant savings on an unparalleled selection of home furnishings and decor.

Rumors Fly with Possible OfficeMax and Office Depot Merger  Feb 19, 2013 1:38 PM By Erin Lynch

Is a merger between OfficeMax and Office Depot just a few days away? Although the office supply giants are keeping a tight lip, there have been several published reports within print and online media pointing all signs to yes.

Amazon Redshift Available To The Masses  Feb 15, 2013 11:57 AM By Daniela Forte

Amazon Web Services Inc., announces its making available its data warehouse Amazon Redshift to customers. Redshift was first introduced in November of last year and could pose a possible threat to its competitors.

Storch Out as Toys R Us CEO, Rubin in at Michaels  Feb 14, 2013 1:41 PM By Tim Parry

Following a slow fourth-quarter, Jerry Storch has decided to step down as CEO at Toys R Us. Meanwhile, Chris Vickers has been named president and CEO at Vermont Country Store, Victor Luis will eventually replace Lew Frankfort as Coach’s CEO, and Ulta Beauty president and CEO Chuck Rubin has been named CEO at Michaels Stores.






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