November 15, 2011
Despite the U.S. Postal Service’s decision to pursue an exigent rate increase, Postmaster General Patrick Donahoe said during a Nov. 10 webinar that the 2012 rate increase will be according to the Consumer Price Index (CPI).
“Our interest is CPI …
May 22, 2012
The cash-strapped U.S. Postal Service will consolidate its network of 461 mail processing locations in a two-phased plan.
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The first phase will occur in July and August in about 48 locations, and …
July 31, 2014
PayPal is the preferred payment method for eBay’s cross-border consumers, eBay president and CEO John Donahoe said during the company’s second-quarter earnings call.
According to Donohoe, 79% of global shoppers identified PayPal as their preferred payment method when making cross-border purchases.
June 24, 2014
eBay Inc. has named Craig Hayman as president of its eBay Enterprise business. Hayman will report to eBay Inc. President and CEO John Donahoe.
“We are fortunate to have Craig join our leadership team and lead our Enterprise business unit,” …More...
December 18, 2013
Toys R Us’ sales continue to decline and the net loss is continuing to grow in the third quarter, according to its earnings release. Comparable store net sales were down 5.2% in the domestic segment primarily resulting from decreases in the …More...
May 5, 2011
The cash-strapped U.S. Postal Service may choose not to pay its $5.5 billion annual obligation to the Treasury Department this fall. That payment covers the healthcare benefits of retired employees.
The USPS will have to make a decision on this …
June 10, 2014
Ebay Inc. announced this week that PayPal president David Marcus is leaving the company for Facebook. His last day is expected to be June 27, according to a press release from eBay Inc. Marcus will be leading Facebook’s messaging products.
November 16, 2012
As the U.S. Postal Service contemplates its record 2012 fiscal year (Oct. 1, 2011 – Sept. 30, 2012) net loss of $15.9 billion — compared to a net loss of $5.1 billion for fiscal year 2011 – and holds out hope for comprehensive postal reform legislation during the lame-duck …More...
December 9, 2014
October 18, 2013
Toys R Us has taken the Interim tag off Antonio Urcelay and named him CEO on Oct. 16. The merchant also announced that former ServiceMaster and Walmart executive Hank Mullany has been named president, Toys R Us, U.S., effective Nov. 5.