Amazon, Amazon Prime, omnichannel retail, two-day delivery, same-day delivery

Amazon Pushes Prime Price to $99

| Tim Parry

After about six weeks of speculation, Amazon has announced it will raise the annual membership fee for Prime to $99. So, what will the price increase mean for its competitors?

Men's Wearhouse and Jos. A. Bank logos

Men’s Wearhouse To Acquire Jos. A. Bank for $1.8 Billion

| MCM Staff

Men’s Wearhouse and Jos. A. Bank announced that the merchants have entered into a definitive agreement in which Men’s Wearhouse will acquire all of the outstanding shares of common stock of Jos. A. Bank for $1.8 billion. Together, Men’s Wearhouse and Jos. A. Bank will have more than 1,700 stores in the U.S., with approximately 23,000 employees and sales of $3.5 billion on a pro forma basis.