Ecommerce Holiday Shopping Numbers the Highest Ever
CardinalCommerce reported record numbers for online transactions during the 2013 holiday season. Numbers were 46% more than the 2012 holiday season.
News
2,500 Layoffs, Store Closings Announced at Macy’s
In an effort to save nearly $100 million annually, Macy’s has laid out a cost reduction plan which includes laying off 2,500 workers and the closing of a handful of its brick-and-mortar stores.
Rotunda Capital Acquires Majority Stake in Discount Ramps
Rotunda Capital Partners has acquired a majority stake in Discount Ramps, LLC from the online retailer of transportation and hauling products’ founder Joel Lederhause. The financial terms of the deal, which closed Dec. 20, were not disclosed.
Amazon and L.L. Bean Best in Customer Satisfaction
During the 2013 holiday shopping season, Amazon and L.L. Bean tied for the highest company-level satisfaction, according to a recent report by ForeSee.
Holiday Season Ecommerce Spending Reached Record $46.5 Billion
comScore said that holiday season U.S. retail ecommerce spending from desktop computers for the full November-December 2013 holiday season, showing that $46.5 billion was spent online from desktop devices, an increase of 10% vs. year ago.
Polar Vortex Grounds Carriers
Consumers who are waiting for cold-weather gear they ordered online to stay warm during the polar vortex may not get these products shipped to them right away because of, well, the polar vortex.
Men’s Wearhouse Makes a Cash Offer to Jos. A. Bank
Men’s Wearhouse believes its $57.50 per share proposal to acquire Jos. A. Bank is compelling, and provides substantial value and immediate liquidity to Jos. A. Bank shareholders.
Action Bags’ Jaimey Wilman is Inspired by Etsy
Jaimey Wilman is Director of Marketing at Action Bag Company. Here’s a look at how Jaimey uses social media on a day-to-day basis, and some other things you may not known about her.
What’s the Big Idea, Staples?
Staples announced its latest “reinvention” campaign today with the launch of “Make More Happen,” a new tagline and campaign focused on how Staples’ expanded product assortment will help your businesses succeed.
Monsoon Commerce Acquires CompassIM Warehouse Management System
Monsoon Commerce announced today that the company has acquired CompassIM from Access Data Systems. Monsoon Commerce will support and invest in CompassIM customers and partners going forward.