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News

Walgreens Stakes Claim in U.K.’s Alliance Boots for $6.7 Billion

June 19, 2012 | Erin Lynch

Walgreens announced that it has invested $6.7 billion for 45% of ownership in the UK based pharmacy retailer Alliance Boots. Walgreens could take complete control of Alliance Boots in 2015.

Lunch on Monday? No, I’ll Be Shopping Online

June 19, 2012 | Jim Tierney

Midday on Mondays is the peak time for American consumers to shop online, according to May data compiled by Buy.com, Rakuten

Parcel Consolidator Streamlite Ceases Operations

June 16, 2012 | Jim Tierney

Parcel consolidator Streamlite ceased all operations today after nearly seven years in business. On its website, the Atlanta-based company posted the message below.

Report: Direct Mail Response Rates Down, But Much Better Than Digital Channels

June 14, 2012 | Jim Tierney

Although direct mail response rates dropped nearly 25% in the past decade, mail campaigns still hold a significant edge over digital channels according to the Direct Marketing Association

Potpourri Group Acquires FetchDog

June 11, 2012 | Jim Tierney

Multititle mailer Potpourri Group has purchased dog accessories merchant FetchDog

Egeck Named President and CEO at Eddie Bauer

June 5, 2012 | MCM staff

Eddie Bauer today announced that Michael R. Egeck has been named its president and CEO.

Grainger Opens Distribution Centers in U.S., Canada

June 5, 2012 | MCM staff

Maintenance, repair, and operations products merchant W.W. Grainger opened a pair of new distribution centers last month in Patterson, CA and Saskatoon, Saskatchewan, Canada.

Vermont Country Store CEO To Step Down

June 4, 2012 | MCM staff

Vermont Country Store President and CEO Bill Shouldice will leave the company at the end of 2012.

Pinterest Top Social Media Choice to Engage Retailers

June 1, 2012 | Jim Tierney

Consumers are using Pinterest more than Facebook and Twitter to engage with retailers, according to a joint study by Shop.org, comScore, and The Partnering Group.

Sycamore Partners Finally Strikes Deal with Talbots

May 31, 2012 | Jim Tierney

Just when you thought The Talbots would be unable to attract a suitor, private equity firm Sycamore Partners finally struck a deal today to acquire the financially troubled women

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