| MCM TUESDAY
News and Intelligence for the Multichannel Merchant November 04 , 2013 |
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| Big Lots Exiting Wholesale Business
By MCM Staff Closeout retailer Big Lots has decided to exit the wholesale business. The merchant will wind down operations of Big Lots Wholesale, Consolidated International, and Wisconsin Toy wholesale operations by the end of fiscal 2013. |
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| FTC Clears Proposed OfficeMax-Office Depot Merger
By Tim Parry The merger of equals proposed by OfficeMax and Office Depot would create a $17 billion office supplies empire. |
| Bloomingdale’s Michael Gould Steps Down as CEO
By Daniela Forte Bloomingdale’s CEO Michael Gould will be stepping down after 22-years as its chairman and CEO. |
| MSC Industrial Direct 4Q Sales Rise 6.1%
By Tim Parry MSC Industrial Direct's net sales for the fourth quarter were aided by the recently acquired Barnes Distribution North America, business contributed approximately $73.6 million its figures. |
| Blyth Confirms Unsolicited Conditional Proposal From CVSL
By Tim Parry Blyth confirmed that it has received an unsolicited proposal from CVSL, Inc. to acquire, subject to conditions, all of the public common shares of Blyth for approximately $269 million payable in CVSL shares or cash. |
| I’m on Vacation This Week, and Here’s my Bitstrip to Prove It
By Tim Parry By the time you read this blog post, you will probably already be sick of the Bitstrips phenomenon clogging up Facebook. And some people may be glad to know that my participation in Bitstrips probably means it has officially jumped the shark. You're welcome, America. |
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