Hong Kong -- The Asia arm of Wal-Mart Stores Inc. said Monday it has achieved energy savings of 20% across 210 supplier factories in China. According to Walmart Asia president and CEO Scott Price, the factories have โcut their energy consumption by a...
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The Senate on Monday took a procedural vote that clears the way for debate and the likely passage of a measure to permit states to require out-of-state retailers to collect sales taxes on purchases that their residents make. By a 74-20 margin, the...
For those people who love shopping online, hate to pay for shipping and are not willing to wait for standard shipping, there is in-store pick up. While the system works great for customers, it actually works against the retailer, according to Art Peck,...
Camp Hill, Pa. -- Rite Aid Corp. said Monday it has redesigned Riteaid.com to a more personalized and engaging version. Rite Aid worked with digital and healthcare communications firm Razorfish Healthware on the project. โTodayโs customer expects more...
Think back to before you recognized the screech of AOL dial-up connecting the triangle to the key. Back in the damp darkness of the pre-web, when you read about things in glossy magazines and saw them on TV. Then, if you wanted them badly enough, and it wasn't raining outside, you put on your coat and tromped down to Main Street to buy them. Fast-forward to today, where, by the magic of the interwebs, all that reading and watching and shopping can happen in one place online. Efficient, right? Well, no.
New York -- Ann Inc. said Monday it has already surpassed its 2015 emission goal by reducing its carbon footprint by 8% per square foot. The parent of Ann Taylor and Loft has now upped its objective, setting a new goal of reducing emissions per square...
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New York -- A Monday report by Forbes said that former Office Depot COO Mark Begelman has been charged with profiting off confidential information. The SEC leveed insider trading charges against Begelman for allegedly using confidential information for...
Perhaps fashion designer Kenneth Cole should stay off Twitter during sensitive political moments โ or at least his social media manager should. After provoking harsh criticism for a February 2011 tweet, in which the designer used the protests in Cairo to promote his spring collection, Cole was at it again last Thursday. This time, the brand used the fact that the Senate voted down a mild gun control measure on background checks โ one supported by 90 percent of Americans, according to polls โ to make a joke about footwear.
Supporting victims of the Boston Marathon is so popular that Adidas is struggling keep up with the demand. The athletic apparel maker (and one of the official sponsors of the Boston Marathon) limited edition t-shirt by Friday, Businessweek reports. The...