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Press Releases ARCHIVE

Innotrac Reports 27% Increase in Net Service Revenue  Aug 14, 2013 2:56 PM By Erin Lynch

Innotrac announced its financial results for the second quarter and is reporting a 27% increase in net service revenues.

USPS Announces Big Changes in Priority Mail  Aug 14, 2013 2:03 PM By Erin Lynch

The United States Postal Service has launched what it is calling “major changes” to its Priority Mail lineup, including free insurance, improved tracking, and day-specific delivery. The USPS said the changes would generate more than a half a billion dollars in revenue.

NRF Says July Retail Sales Were a Mixed Bag  Aug 13, 2013 12:15 PM By Erin Lynch

The back-to-school season might have helped boost retail sales, according to the National Retail Federation, as clothing, sporting goods, and books saw an increase in July.

Rakuten to Add PopShops to Its Portfolio  Aug 12, 2013 4:27 PM By Erin Lynch

Rakuten has entered into an agreement to acquire PopShops, a Seattle-based data and analytics company, for an undisclosed amount of money.

Kewill to Acquire Four Soft  Aug 12, 2013 1:36 PM By Erin Lynch

Kewill, a provider of multimodal transportation software, announced that it has signed a definitive agreement to acquire the assets of Four Soft, a software company headquartered in Hyderabad, India. The acquisition is expected to close within 90 days and will expand Kewill’s existing position in the Supply Chain Execution software market.

OfficeMax Sales Drop 4.3% in Second Quarter  Aug 08, 2013 12:05 PM By Erin Lynch

OfficeMax released it’s second quarter financials and according to the report the office supply retail saw a 4.3% decrease in sales.

Fifth & Pacific Sees 13.4% Net Sales Increase  Aug 08, 2013 11:46 AM By Erin Lynch

Fifth & Pacific, which includes clothing and lifestyle brands such as Juicy Couture, Kate Spade, and Lucky Brand, released it’s second quarter financials which showed a net sale increase of $45 million.

Wayfair.com Acquires DwellStudio  Aug 02, 2013 12:11 PM By Erin Lynch

Wayfair.com, an online home furnishing retailer, has announced the acqusition of lifestyle retailer DwellStudio for an undisclosed amount of money. Wayfair.com said the acquisition not only adds product design and development to the brand portfolio but also means the possibility of new product lines by the end of 2013.

Retailers Cautiously Optimistic for 2013 Holidays  Aug 01, 2013 2:40 PM By Erin Lynch

As we move closer to the 2013 holiday season, retailers are cautiously optimistic about consumer spending however they are expecting to see an uptick in the November and December months. Not surprisingly, retailers expect mobile to play an increased role in driving sales with minimal contributions from social media.

Hanes to Acquire Maidenform Brands for $575 Million  Jul 30, 2013 2:49 PM By Erin Lynch

Clothing retailer Hanes has announced that it will acquire intimate apparel retailer Maidenform to the tune of $575 million.






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