J. C. Penney Company, Inc. (NYSE: JCP) (the “Company”) today reported that it continues to make meaningful progress in its turnaround and provided an update on the Company’s performance. Preliminary … Continue Reading →
The Home Depot received backlash when it released what many are considering to be a racist tweet sent out by the company on Twitter which showed two African American drummers flanking a man wearing a gorilla mask.
Webgistix announced plans to build a new fulfillment center in Scranton, Pennsylvania and expand its current fulfillment center in Las Vegas, citing a high demand for fulfillment services across the county.
OfficeMax® Incorporated (NYSE: OMX), a leading provider of office and facility supplies, technology and services, today announced the results for its fiscal third quarter ended September 28, 2013.
Vitamin Shoppe has announced its preliminary results for the third quarter which ended on September 28. According to the results, total net sales this quarter increased by 14% and ecommerce sales increased by nearly 18% compared to 2012.
Hudson’s Bay Company announced the completion of its acquisition of Saks Inc. Hudson’s Bay Company acquired Saks Inc. at a value of $2.9 billion.
Net sales at Blyth for the quarter ending Sept. 30 decreased approximately 33% to $179.5 million from $268.8 million for the comparable prior year period, primarily due to lower sales at ViSalus.
Closeout retailer Big Lots has decided to exit the wholesale business. The merchant will wind down operations of Big Lots Wholesale, Consolidated International, and Wisconsin Toy wholesale operations by the end of fiscal 2013.
The merger of equals proposed by OfficeMax and Office Depot would create a $17 billion office supplies empire.
MSC Industrial Direct’s net sales for the fourth quarter were aided by the recently acquired Barnes Distribution North America, business contributed approximately $73.6 million its figures.