New York -- Britainโs Topshop is planning on increasing its U.S. presence. The fashion chain plans to open 10 additional stores in the United Stores over the next two years, according to the New York Daily News. There are currently four U.S. Topshop...
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Wayfair.com, the largest online retailer of home products and furnishings, today announced the launch of Daily Fair, a new flash-sale feature to engage shoppers with significant savings on home furnishings and decor. Daily Fair will deliver limited-time sales with steep savings on up to 1,000 different products a day, bringing the thrill of the deal to all Wayfair.com shoppers. With a selection of more than 5 million products from 5,000 suppliers, Wayfair.com is uniquely positioned to source great deals and savings across a wide range of home product categories at an unprecedented pace.
ROCKFORD, Mich. โ Outdoor and sports apparel manufacturer Wolverine Worldwide reported that its consolidated fourth fiscal quarter revenue was $652.2 million, growth of 60.5% versus the prior year. In the fourth quarter, excluding non-recurring...
New York -- Foot Locker announced Wednesday that it has appointed Maxine Clarke, founder and CEO of Build-A-Bear Workshop, as a member of its board of directors. Clark recently announced that she will step down from her executive position at the...
McLean, Va. -- Capital One Financial Corp. said Tuesday that it will sell off its Best Buy portfolio of private-label and co-branded credit card accounts. Current loan balances total about $7 billion. The pair is severing their ties earlier than...
The e-commerce and payments giant officially rolled out its website redesign, the biggest change in its history. eBay first introduced the new features, which it says creates a more personalized experience, in October. Since that time, eBay has allowed site visitors to opt in for the new design. Starting yesterday, users no longer have the option to use the older design, but eBay says the new site is "more intuitive." One feature, dubbed Feed, curates a user's favorite items on a personalized page and displays the images in a setup very similar to Pinterest's layout.
Aquent, a global staffing organization dedicated to marketing, creative and digital professionals, yesterday announced the results of its study, Planning for Mobile Marketing Success Through Smart Staffing, commissioned with Forrester Research. The study found that demonstrating the return on investment of mobile marketing is the top concern of marketers planning to grow marketing programs. In addition, marketers indicated a struggle with accurately staffing for mobile campaigns. In fact, few organizations have a full-time employee dedicated to driving mobile marketing initiatives.
New York -- As shares of his company reached an all-time high, fashion designer and retailer Michael Kors will sell 3 million of his shares as part of a secondary offering of 25 million shares, according to a Tuesday regulatory filing. Kors' ownership...
Office Depot said Wednesday it will buy OfficeMax in an all-stock deal that would transform the office supply retail sector. Boca Raton, Fla.-based Office Depot and Naperville, Ill.-based OfficeMax said holders of OfficeMax shares will receive 2.69 shares of Office Depot for every OfficeMax share they own. That's equal to about $13.50 per share, based on Office Depot's $5.02 per share closing price Tuesday, giving the deal a total value of about $1.2 billion.
LITTLE ROCK, Ark. โ Alexa Latimer Dillard, wife of Dillard's founder, the late William Dillard, has passed away. Born in Nashville, Arkansas on Oct. 30, 1916, Alexa Latimer married William T. Dillard on June 9, 1940. Dillard was known for her quick wit...