A federal court judge has ruled in favor of the Federal Trade Commission’s decision to block the proposed Staples-Office Depot merger, upholding the FTC’s December lawsuit which claimed the resulting monopolistic company would harm consumers by adversely affecting office supply prices.
In recent weeks and months, major retailers have been filing for bankruptcy, closing stores and slashing jobs. See what retailers are rethinking their business.
Sports Authority won’t come out of bankruptcy as an independent company and instead wants to sell off all its holdings, according to a report from The Denver Post.
Even though struggling Coach Inc.’s sales rose 13% in the third quarter, the accessories merchant announced Tuesday that it will bag more than 300 positions worldwide, representing about a 10% decrease in its global corporate staff. That includes these two top-ranking company officials.
Nordstrom, Inc. announced Monday that it would reduce approximately 350 to 400 corporate and regional support positions through a phased approach that should be completed by the end of the second quarter.
The “Help Wanted” signs have gone up at Macy’s, Kohl’s, and Old Navy, who are all looking for new heads of their respective marketing departments. Martine Reardon, Macy’s chief marketing … Continue Reading →
Vestis Retail Group bought Sports Chalet in June 2014. Today, it announced it will knock Sports Chalet down and focus on Vestis’s other two regional merchants, Eastern Mountain Sports and Bob’s Stores.
The red carpet will be rolling out in Cincinnati on April 14. That’s when Multichannel Merchant will announce the winners of its annual Excellence in Customer Experience Awards its 2016 Operations Summit.
Pop… Pop… Pop Pop… Pop…
Well, that’s a series of sounds we may not hear anymore, shortly after a co-worker or a family member opens a package. That’s because Sealed Air’s “unpoppable” Bubble Wrap protective packaging solution is now commercially available worldwide.
Read on and find out what this means for Bubble Wrap aficionados and your packaging, and what else was big news this week.
Amazon is reportedly considering an acquisition of Office Depot’s corporate business assets to jumpstart its Amazon Business office supply operation. The deal is contingent on FTC approval of the Office Depot-Staples merger, which it has opposed to date, but may be close to signing off on.