Macy’s Suing J.C. Penney Over Martha Stewart Exclusivity
A court battle has erupted over the rights to offer Martha Stewart Living products between Macy’s and J.C. Penney.
News
Using Smartphones at Checkout Could Become a Reality
Could paying for items with your smartphone in retail stores be the next big thing? After forming the Merchant Customer Exchange, major retailers such as Best Buy, Target, Wal-Mart and Sears, seem to think so.
Brentwood Associates Acquires Majority Stake in Soft Surroundings
Private equity firm Brentwood Associates has acquired a majority stake in apparel merchant Soft Surroundings, which will continue to be managed by CEO Tom Wilcher and company president Robin Sheldon.
Amazon 2Q Sales Up, Profits Down
Amazon.com said its sales for the second quarter, which ended June 30, were up 29%. But the etailer expects to have an operating loss of between $50 million and $350 million next quarter. Here’s why.
J.C. Penney to Change Pricing Strategy Yet Again
On August 1, shoppers can expect to see another new pricing strategy at J.C. Penney, according to an article from Bloomberg Businessweek. The article states that JCP is reportedly “switching to a two-tiered pricing system and promoting price matching …
Amazon.com Set to Open Global Digital Media Hub in London
Amazon.com announced that it will open a “global Digital Media Development Center” in London in the next few months that will allow for design and development teams to work on various media projects.
ACMA, DMA Form TruST Coalition to Fight Internet Sales Tax
Four prominent trade groups, including the American Catalog Mailers Association and the Direct Marketing Association, today announced the formation of a coalition titled TruST (True Simplification of Taxation) to fight pending Internet sales tax …
5 Ways to Drive Brand Effectiveness with Social Media
Social media branding is more important now than it ever was before especially since a 2012 Nielson Global Survey revealed that more than half of the respondents
Twitter Reacts to Ralph Lauren Olympic Uniform Scandal
American’s take to Twitter to slam designer Ralph Lauren for manufacturing the newly designed US Olympic uniforms in China.
Google Announces the Launch of New Free Products
Google unveils beta versions of new products including Google Trusted Stores, which could boost your sales ratings, and Mobile App Analytics, which could help analyze just how well your mobile app is doing.