Trade Groups Applaud New Jersey’s Sales Tax Pact with Amazon
Two national trade associations applauded Wednesday
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Sycamore Partners Walks Away From Talbots
Private equity firm Sycamore Partners, which had been involved in exclusive negotiations with financially troubled women
Bazaarvoice to Acquire PowerReviews in $151.9 Million Deal
Bazaarvoice will pay $31.0 million in cash, issue up to 6.4 million shares of common stock and assume vested and unvested options to purchase the common stock of PowerReviews equivalent to 1.6 million options to purchase the common stock of Bazaarvoice.
Survey Says Tablets Driving Web Sales
With more than 60 million Americans forecast to own a tablet computer by the end of this year, retailers say tablets are driving an increasingly larger share of their web revenue, according to the 2012 Shop.org/Forrester Research State of Retailing Online survey.
Talbots Extends Agreement with Sycamore Partners by 48 Hours
For the second time in a week, financially troubled women
Ship Smart Tip Sheet
With increased competition and ease of buying elsewhere, satisfying and retaining customers has never been more important. Satisfy your bottom line and your customers with Streamlite
Dillard’s to Close Nashville Distribution Center
Dillard’s plans to close its Nashville distribution center, placing 125 employees out of work.
Williams-Sonoma Names Last As Creative Director
Kitchen/home goods merchant Williams-Sonoma has named Anna Last its new senior vice president and creative director.
USPS to Consolidate Mail Processing Facilities in Phases
The cash-strapped U. S. Postal Service will consolidate its network of 461 mail processing locations in a two-phased plan.
Macy’s Expects to See 292 Fulfillment Stores by Nov. 1
In an effort to get more products to more customers, Macy’s expect to see 292 of their department stores work double duty as fulfillment centers for online orders just in time for the holiday season.