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One of the biggest fans of the U.S. Postal Service is uncertain whether he can continue to use it once new rates for parcels go into effect in two months. Mitch Goldstone, CEO of ScanMyPhotos in Irvine, California, credits the flat rate Priority Mail box with inventing his entire business, and said so in a…
Bruce Dayton, the last of five Dayton brothers in the legendary retailing family, died Friday at age 97 after a career that shaped the Twin Cities in a hundred ways, from fashion to philanthropy, shopping malls to state politics. In partnership with his brothers, Bruce Dayton expanded the Dayton Company from one department store in…
Another day, another retail boycott urged by Republican presidential candidate Donald Trump. The real estate mogul took to Twitter Thursday afternoon to encourage shoppers to steer clear of the brand that once carried his clothing line but severed ties with him shortly after he called Mexicans “rapists” in his campaign kick-off speech. “Macy’s was very disloyal to…
While Target is holding fast with its decision to market a controversial Christmas sweater, Nordstrom has buckled under the weight of social media criticism, pulling a potentially offensive Hanukkah version from its ugly holiday sweater lineup. The festive blue women's sweater by Faux Real features a large menorah and the words "Chai Maintenance" across the chest.…
Dick's Sporting Goods, Inc. has launched a new e-commerce site for its Field & Stream store brand, the company announced. The site is FieldandStreamShop.com and is expected to offer a selection of outdoor equipment, apparel and accessories found in the retailer's Field & Stream stores. Field & Stream has become a new growth vehicle for Dick's…
Sales at U.S. retailers barely rose in October and were weak for the third month in a row, a sign that shoppers have little appetite to boost spending despite cheap gas and an improved labor market. Retail sales rose a seasonally adjusted 0.1 percent last month, the Commerce Department said Friday. Economists polled by MarketWatch had…
Fossil has agreed to acquire Misfit, a maker of wearable devices, for $260 million to shore up its technology as it pushes into smartwatches. Misfit makes a variety of wearable devices, such as fitness and sleep-tracking wristlets and a clip-on smart button that tracks activities. Fossil singled out Misfit's battery-life technology as a particularly appealing component.
Thanks to a new Speaker being named to the House of Representatives, eBay warned its sellers again about the online sales tax bill called the Remote Transactions Parity Act, and urged them to contact their legislators to tell them not to pass it. In a post on Tuesday, it briefed members of its eBay Main…
Wal-Mart plans to offer most of its Black Friday discounts to online shoppers hours before they become available in stores, as the company attempts to hold off challenges by Amazon.com and other e-commerce rivals. The world’s biggest retailer, which said it still expects to draw record crowds even with the online push, will make the…
News that outdoor goods retailer REI would close its doors on Black Friday in an effort to allow workers to “go outside and play instead” has generally been well-received. If it was a mere marketing stroke, people said, it was a masterful one. But REI lost its footing when it tried to spread the message…