Jos. A. Bank Rejects Men’s Wearhouse Acquisition Bid
In a continuing game of back-and-forth, Jos. A. Bank has rejected the acquisition proposal from Men’s Wearhouse, citing the billion dollar proposal was “significantly undervalued.”
PR Newswire
Revel Systems iPad POS Unveils Top Industry Predictions for 2014
This year the retail industry will see major shifts take place, whether it is the convergence of ecommerce with brick-and-mortar retail, the rise of digital currency like PayPal and Bitcoin at the checkout, or the integration of wearable data to help consumers make smarter choices at the checkout.
FedEx Express Christmas Cut-off Date is Dec. 23
Procrastinators, take note—the last day to ship holiday packages via FedEx Express for delivery before Christmas in the United States is Monday, Dec. 23.
Target Confirms Unauthorized Access to Payment Card Data in U.S. Stores
Target has confirmed it is aware of unauthorized access to payment card data that may have impacted certain guests making credit and debit card purchases in its U.S. stores.
Shoppers Look for Best Holiday Deals in December
With six less shopping days between Thanksgiving and Christmas this year, 87% of shoppers said in a recent PriceGrabber survey that they will conduct most of their holiday shopping in December. Why? According to the survey, because that is when consumers believe they will find the best deals and discounts.
FedEx Net Income Up 14%
FedEx released its second quarter financials on Dec. 18, which showed a net income of $500 million, up 14% from last year’s $438 million.
Green Monday Sales Grow 10%
For the first time ever, the most recent workweek saw five individual days eclipse $1 billion in spending, led by Green Monday with $1.4 billion.
Hickory Farms Poised for a Strong Holiday 2013
The new HickoryFarms.com site was launched in October and has faster page load times, is easier to navigate, and has improved search and checkout functions. Fans can shop on-the-go with the site’s mobile and tablet-friendly design.
Search Advertising Brings Revenue Boost for Retailers Online
A recent report by Kenshoo provides insights by advertisers and documents the growing role of mobile search. The report found there was a 19% year-over-year increase in global sales revenue and 31% in the U.S. driven by search advertising.
UPS Kicks Off Peak Week
UPS’s extensive network is designed to provide for timely and safe delivery of customers’ holiday gifts. Customers can ship as late as Monday, Dec. 23, using UPS air services.