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Home Depot finalizes acquisition of key supplier
October 29, 2012

Atlanta -- The Home Depot said Monday it has completed its merger transaction with U.S. Home Systems, an exclusive supplier of kitchen and bath refacing products to the home-improvement chain. The transaction was approved by the stockholders of USHS at...

eBay cuts PayPal jobs as part of restructuring plan
October 29, 2012

SAN JOSE, Calif. โ€” eBay has eliminated approximately 325 jobs from its PayPal division. As a result, the company has announced a planned fourth quarter pretax restructuring charge of approximately $15 million related to staff reductions at the company's...

Academy Sports issues apology to Houston Astros
October 29, 2012

Katy, Texas -- After placing some restricted Houston Astros merchandise on the sales floors of several of its Houston stores, Academy Sports + Outdoors issued a formal apology to the Major League Baseball team and its fans. "We express our apologies to...

GameStop Launches New Holiday Store Concept
October 29, 2012

GameStop announced Friday it has unveiled a new store concept called GameStop Kids and will open 80 holiday stores in U.S. malls. GameStop Kids stores will feature an assortment of the most popular video games and accessories, toy brands and collectibles, showcased in temporary mall spaces. The first GameStop Kids location opened Friday at the Grapevine Mills Mall in Grapevine, Texas, with all other locations opening in the coming days and weeks, according to the company.

The Cookie Dilemma for E-Commerce Merchants
October 29, 2012

The currently pending Do-Not-Track federal legislation is being proposed to make it easier for consumers to block tracking cookies; however, it has not yet been passed by Congress. In the meantime, the efforts by privacy advocates are beginning to create more consumer awareness of existing web browser tools for deactivating cookies.

Christopher & Banks names former Payless chief as president and CEO
October 29, 2012

Minneapolis -- Christopher & Banks Corp. said Monday it has named LuAnn Via president and CEO, effective Nov. 26. Via, also named to the retailerโ€™s board of directors, succeeds Joel Waller, who will remain in a consultative capacity through June 30,...

Menswear Leads Fashion E-Commerce
October 29, 2012

Fashion is the fastest-growing segment of e-commerce, and its growth is being propelled by men. While women's share of the online clothing market is still more than double that of men's, the guys' market is growing faster - at a 13 percent annual rate, compared with 10 percent for women, according to NPD Group. And that gap may widen.

Women Are Fleeing Coupon-Free J.C. Penney, New Poll Reveals
October 26, 2012

We're nearly a year into Ron Johnson's tenure as CEO of J.C. Penney, and the results aren't encouraging. The retailer's share price has fallen more than 10 percent under the former Apple and Target executive, and now, a new report from BIGinsight suggests that female shoppers are fleeing the retailer in droves.

Amazon reports loss for quarter; 1st in 4 years
October 26, 2012

Amazon predicted a weak quarter, and its predictions came true. The retailer said Thursday that it swung to a quarterly loss for the first time in four years. The earnings report, issued after the market closed, immediately sent Amazon shares down 9...

Office Depot, Staples, Marks & Spencer Make Top 10 in Newsweek Green Rankings
October 26, 2012

Only two retailers โ€” Office Depot and Staples โ€” made it into the top 10 U.S. companies on the 2012 Newsweek Green Rankings, while Marks & Spencer is the sole retailer to make it onto the top 10 global list. For the fourth year in a row, Newsweek's Green Rankings assessed the environmental performance of the largest publicly traded companies in the United States and around the world, comparing their environmental footprint, corporate management and transparency. To conduct the study, Newsweek partnered with two leading environmental research organizations โ€” Trucost and Sustainalytics.