First-quarter sales for Staples slipped 1%, to $6.1 billion, for the three months ended April 28. Direct sales from its North American Delivery Business — which includes the Staples and Quill catalogs and online businesses as well as the Staples contract delivery business — grew 2%, to $2.6 billion.
J.C. Penney has announced its overall sales for the quarter ended April 28
Talbots and Sycamore Partners may strike a deal yet. Talbots extended an exclusivity agreement with Sycamore Partners in an attempt to finalize the acquisition.
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Best Buy chairman Richard Schulze will step down from his position after an independent investigator determined he knew former CEO Brian Dunn was having an improper relationship with an employee, but did not report it to the board.
GSI Commerce Solutions, which provides e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer enterprises, today announced that it has been selected by Karmaloop to handle fulfillment, freight and warehouse management under a multi-year contract.
Shipware announced four new partners, Miva Merchant, PrestaShop, LemonStand and Virtuemart, have joined them in providing Enterprise Logistics for Everyone, a push that seeks to help ecommerce merchants increase revenue opportunities by outsourcing shipping and fulfillment.
Customers can access their MyLowe