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October 18, 2012
As online shopping becomes increasingly mainstream, many consumers are using traditional stores as a "showroom" for later online purchases. A survey from CouponCabin.com reveals that more than four in 10 (43 percent) smartphone or tablet owners have "showroomed" — i.e., used their mobile device to research and examine merchandise in a brick and mortar store without purchasing it there, then gone online to search for the same product at a lower price. This online survey was conducted nationwide by Harris Interactive on behalf of CouponCabin.com from Sept. 18 to Sept. 20, with 2,361 U.S. adults aged 18 and older responding.
October 18, 2012
Wal-Mart will not face class-action gender discrimination claims in a federal court lawsuit in Texas, Bloomberg reported. U.S District Judge Reed O'Connor has dismissed the Texas class complaint, finding that the lawsuit was filed too late. The suit, which alleged the retailer discriminated against women in pay and promotions in the company's Texas region, sought to represent all women hourly and salaried workers, below store managers, employed by Wal-Mart and Sam's Club in the region.
October 18, 2012
Target and Neiman Marcus made headlines last summer when the pair announced they would collaborate on a holiday collection. Now, they're hoping to repeat the accomplishment with an exclusive sponsorship of the Nov. 11 episode of "Revenge," ABC's popular drama. Target's Neiman Marcus collection will be the exclusive sponsor of the Nov. 11 episode of "Revenge," the midseason finale of the soapy Sunday-night series.
October 18, 2012
* Protest targets "on-call" scheduling and sharply limited work hours. /STAFF About 40 people marched on Manhattan's Fifth Avenue on Wednesday, stopping in front of retailers such as Uniqlo and Abercrombie & Fitch. A union executive said salespeople are...
October 18, 2012
Evansville, Ind. -- Shoe Carnival announced that Mark L. Lemond is retiring for health reasons from his positions as president, CEO and director effective Oct. 27. "Due to certain health reasons and my desire to spend more time with my family, I have...
October 18, 2012
WOONSOCKET, R.I. — CVS Caremark has appointed Alan Lotvin to the position of EVP specialty pharmacy. Lotvin has extensive experience in the pharmacy benefit management and specialty pharmacy industries. Prior to joining CVS Caremark, Lotvin was...
October 18, 2012
New York -- Hudson's Bay Co. announced that it has filed a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of common shares. The company, which has been owned by NRDC Equity Partners since 2008, operates...
October 18, 2012
When NRDC Equity Partners bought department store chain Lord & Taylor back in 2006, the word “liquidation” was bandied around . The chain had been trailing behind rivals Macy’s, Bloomingdale’s and Nordstrom for years. But NRDC defied the image of a...
October 17, 2012
Washington, D.C. -- Most consumers will take a conservative approach with their holiday gift-giving budgets, according to NRF’s holiday consumer spending survey conducted by BIGinsight. The average holiday shopper will spend $749.51 on gifts, décor,...
October 17, 2012
MINNEAPOLIS — Target Corp. and The Neiman Marcus Group will promote their upcoming joint holiday collection by serving as the sole sponsors of the mid-season finale of the hit ABC television show “Revenge.” In place of standard broadcast commercials,...
