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Sears to own 80% of OSH
December 13, 2011

HOFFMAN ESTATES, Ill. โ€” Reuters news service has reported that the shareholders of Sears Holding Corp. will end up with 80% of the common stock in Orchard Supply Hardware stores, following an attempt to spin off the California hardware chain into a separate unit. According to a regulatory filing, every 22.14 shares of Sears stock will entitle a holder to get one class A share and one preferred share of the new, separate company. Orchard Supply recently renamed itself โ€œOrchardโ€ and embarked on an initiative to remodel its 89 stores, which stretch throughout California. The new stock will be

Quad/Graphics Expands Service Footprint With Bluestem Brands
December 13, 2011

Quad/Graphics has signed a multiyear agreement with Bluestem Brands, best known for its growing Fingerhut and Gettington.com brands. The agreement, which will exceed $135 million over its contract term, covers all printing, paper procurement, premedia, and page layout and production services as well as all product photography and video content creation services.

ComScore Expects Strong Finish to Holiday Shopping Season
December 13, 2011

ComScoresaid consumers have spent $24.6 billion online for the holiday season-to-date, a 15% increase versus the corresponding days last year. For the holiday season-to-date, six individual days have surpassed the billion dollar threshold, led by Cyber Monday at $1.25 billion. The most recent week (ending Dec. 9) reached $5.9 billion in spending, with 3 days surpassing $1 billion. And FedEx is predicting its busiest day today. ComScore chairman Gian Fulgoni said, "These highlights represent another very positive sign for the holiday shopping season, as the week following "Cyber Week" often experiences relative softness in spending momentum due to retailers

Toys"R"Us and J.C. Penney Play the Facebook Game
December 13, 2011

Toys"R"Us and J.C. Penney are taking advantage of the customizable features of Facebook fan pages, including the ability to create interactive holiday-themed gaming apps on their Facebook fan pages that reward customers with exclusive discounts. On the Toys"R"Us Facebook page, a tab labeled "Holiday Scavenger Hunt" takes users to a page encouraging them to "Play Now."

TRESemmรฉ Customers Angry About Lack of Free Product Samples
December 13, 2011

Hair product brand TRESemmรฉ hit a huge customer relations snafu when an email offering free samples to a few hundred email subscribers was accidentally sent out to tons of fans and posted on its Facebook page. After thousands of people contacted TRESemmรฉ about collecting their free samples, the company realized that it made a mistake and began to backtrack.

St. Louis-Area Stores Give Away Pujols Apparel
December 12, 2011

Four St. Louis-area Pro Image Sports stores gave away hundreds of Albert Pujols shirts and jerseys for free after Pujols balked at the Cardinalsโ€™ offer and signed with the Los Angeles Angels for a 10-year, $254 million deal. Franchise owner Paul Russo, who owns the four St. Louis area franchises, said the items usually sell for between $14.99 and $129.99, but he wasnโ€™t interested in making one red cent.

On Your Holiday Shopping List This Year: You
December 12, 2011

With retailers offering the best deals of the year on everything from electronics to home decor to apparel, consumers are taking advantage of deals to snap up items for themselves and nongift items for their families.

Illinois Lawmakers Reach Deal to Keep Searsโ€™ Headquarters in State
December 12, 2011

Illinois House leaders have agreed to pass tax breaks in order to keep Sears Holdings Corp. from abandoning its Hoffman Estates, Ill., headquarters in search of a new out-of-state home, according to Reuters. The House had previously shot down the tax package. "We have come to an agreement on a jobs package that will give some relief to a broad base of businesses in our state," said House Minority Leader Tom Cross (R).