Helen of Troy Limited Plans New Distribution Center

| MCM staff

Helen of Troy Limited Announces Planned Construction of New Distribution Center (via PR Newswire) EL PASO, Texas, Jan. 8, 2013 /PRNewswire/ — Helen of Troy Limited (NASDAQ, NM:  HELE), designer, developer and worldwide marketer of brand-name …

Peters Leaves Office Depot

| MCM staff

North American president Kevin Peters has left Office Depot to take the position of Chief Executive Officer at an industrial distribution company.

Leslie’s Swimming Pool Supplies Acquires Ram Chemical and Supply

| MCM staff

Leslie’s Poolmart, Inc., the world’s largest retailer of swimming pool and spa supplies, is excited to announce the acquisition of Warehouse Pools, Inc. The acquisition includes the operation of 24 Warehouse Pool Supply retail stores and the warehouse and corporate offices of Ram Chemical and Supply.

Potpourri Group Acquires Cuddledown

| Tim Parry

Potpourri Group announced yesterday that last month, it had acquired Cuddledown, Inc., a multichannel direct retailer of high-end bedding related products, for an undisclosed sum.

Google Agrees to Change Business Practices in Response to FTC Concerns

| MCM staff

Google has agreed to change its business practices to resolve a concern by the Federal Trade Commission in the markets of smartphones, games, tablets and online search. According to FTC chairman Jon Leibowitz, the changes Google has agreed to make will ensure that consumers will reap the benefits of online marketplace competition.

Comscore: Holiday Ecommerce Sales Rise 14%

| MCM staff

$42.3 billion was spent online during the entire November-December holiday shopping season, marking a 14-percent increase from 2011, according to online measurement service comScore.

Donahoe: Congressional Inaction Heightens Postal Service Financial Crisis

| MCM staff

“We encourage the new 113th Congress to make postal reform an urgent priority, and to work steadily toward the quick passage of reform legislation,” said Postmaster General Patrick Donahoe. “We will continue to work with leaders of our House and Senate oversight committees and all members of Congress to help make this happen.”

FTC Looking into Vitamin Shoppe Planned Acquisition

| MCM staff

The Federal Trade Commission is currently investigating a plan by the Vitamin Shoppe to acquire Super Supplements, Inc. Although no reason was given in the press release as to why the investigation is being conducted, the Vitamin Shoppe says both companies are complying with the FTC and that the penned acquisition date has been moved to March 1, 2013.

Free Shipping Day Spurs Late-Season Online Spending Surge

| MCM staff

We typically do not see such heavy spending this late in the season, but the fact that Free Shipping Day occurred on a Monday, combined with the fact that so many retailers extended their promotions into the middle of the week — with guaranteed shipping by Christmas — helped deliver an encouraging late-season surge. The result has been a significant uptick in the season-to-date growth rate, which now stands at 16 percent.