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Home Depot Sued Over PayPal Deployment
March 7, 2013

PayOne filed a patent infringement lawsuit on Tuesday against The Home Depot over its use of PayPal's point-of-sale system, which lets customers check out using PayPal at retail store locations. In the complaint, PayOne alleges that "Home Depot has indirectly infringed and continues to indirectly infringe the '500 patent by โ€˜knowingly and actively inducing others to infringe by intentionally aiding, assisting and encouraging the infringement of its customers through the PayPal In-Store Checkout System.โ€™"

Boat Outfitters Launches New Website
March 7, 2013

OCOEE, Fla. Designed with the user experience in mind, the website has been designed using the latest in website technologies making the site compatible with today's browsers, mobile and tablet devices. Order check out and processing is as easy as ever...

Earnings slip at Staples in Q4
March 6, 2013

FRAMINGHAM, Mass. โ€” Staples reported that total company sales for the fourth quarter were $6.6 billion, an increase of 3% over the same period last year. On a GAAP basis, the company reported fourth quarter 2012 net income of $90 million, or 14 cents...

Big Lots meets income expectations
March 6, 2013

COLUMBUS, Ohio โ€” Big Lots reported income from continuing operations of $120.3 million, or $2.09 per diluted share, for the fourth quarter of fiscal 2012, meeting the company's expectations for net income to be in the range of $1.91 to $2.10 per diluted...

NRF backs legislation to repeal health care employer mandate
March 6, 2013

Washington -- The National Retail Federation this week welcomed introduction of House and Senate legislation that would repeal the employer mandate provision of the health care reform law scheduled to take effect next year. โ€œEliminating the employer...

Men's Wearhouse Names Jon W. Kimmins as Chief Financial Officer
March 6, 2013

/PRNewswire/ -- Men's Wearhouse (NYSE: MW) announced the appointment of Jon W. Kimmins as Executive Vice President, Chief Financial Officer and Treasurer, effective April 4, 2013. Kimmins' responsibilities will include finance, accounting, treasury and...

Target and Fast Company launch mobile competition
March 6, 2013

New York -- Fast Company magazine and Target are sponsoring a competition, the Target Retail Accelerator, that will award $75,000 to a developer who creates the best new mobile app or mobile website for the retailer. Fast Company will chronicle the...

Big Lots profit edges up in Q4; 50 stores on tap for fiscal 2013
March 6, 2013

Columbus, Ohio -- Big Lots reported Wednesday that net income for the fourth quarter rose to $120.3 million, from $114.7 million in the year-ago period. Sales in the U.S. increased 4.4% to $1.7 billion from $1.6 billion, and domestic same-store sales...