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Amazon Adds Feature to Help Sellers Resolve Negative Feedback
April 18, 2012

Amazon.com added a new option for sellers who wish to contact buyers about negative feedback. The "Resolve" feedback button in Feedback Manager allows sellers to email buyers directly to begin resolving any problems with an order. The button is available only when a buyer posts a feedback rating of one or two stars. "If you receive negative buyer feedback, it is important to quickly determine the cause of the problem and work toward resolving it with the buyer," the company said in its announcement to sellers. 

Sears Holdings Announces Completion of $270 Million Sale of Eleven Sears Stores to General Growth Properties
April 18, 2012

/PRNewswire/ -- Sears Holdings Corporation (NASDAQ: SHLD) announced today the completion of the sale of eleven Sears full line store locations to General Growth Properties for $270 million. Sears has received the sale proceeds and the stores will continue to operate as Sears locations into 2013 or 2014 with final closing dates to be determined and announced later this year. Each of the Sears stores was part of an existing General Growth property.ร‚ The transaction included the list of owned and leased stores listed below. 1450 ALA MOANA BLVD Honolulu HI Leased 1481 CORAL RIDGE AVE Coralville IA Owned

Versa Capital Acquires United Retail Group, Names New CEO
April 17, 2012

VERSA CAPITAL ACQUIRES UNITED RETAIL: An affiliate of Philadelphia-based Versa Capital said Monday it has completed the acquisition of certain assets of United Retail Group. The operator of plus-size womenโ€™s fashion apparel has been immersed in bankruptcy proceedings since February. Out as chief executive is Dawn Robertson. Versa said the new management team is led by Elizabeth "Liz" Williams, with Jim Smith as chief financial officer. Williams is the former long-time president of Fashion Bug. Versa also said the company has "substantial capital from Versaโ€™s $650 million fund and a $50 million credit facility led by Wells Fargo." Gregory

Loweโ€™s plans to raise nearly $2 billon from debt sale
April 17, 2012

Loweโ€™s has announced an agreement to sell $500 million of 1.625% notes due 2017, $750 million of 3.12% notes due 2022 and $750 million of 4.65% notes due 2042. Estimated net proceeds from this offering will be approximately $1.982 billion, after deducting offering expenses and underwriters' discounts. The net proceeds from the sale offering will be used for general corporate purposes, which may include repurchases of shares of common stock, capital expenditures, acquisitions and working capital needs, according to the retailer. Closing is expected to occur on April 23, 2012. Wells Fargo Securities, Goldman, Sachs & Co., and US

Facebook Starts Stuffing Coupons in Usersโ€™ News Feeds
April 17, 2012

Facebook is rolling out its Facebook Offers service, a way for users to get discounts and promotions from local businesses via the social networking site. The offers will be distributed through users' Facebook news feeds. Users can then sign up to receive the offers via email and redeem them at participating businesses. Users are more likely to see offers from businesses that they've "liked" on Facebook.

Esprit hires new CFO
April 17, 2012

Hong Kong -- Esprit Holdings Ltd. announced Tuesday that it has hired Thomas Tang, former CFO of blue chip property firm Sino Land Co. Ltd., as its new group CFO. Tang, who has over 30 years of experience in accounting and finance, left Sino Land in late March. Esprit is in the throes of a major restructuring after its previous CFO resigned. Tang begins his post in May.

Pinterest Isn't Only for Window Shopping: Nearly 1 in 3 Buy
April 17, 2012

The rise of Pinterest has brought much attention to the growing community of social image sharers, folks who collect and share images from around the web through social image sharing sites. Retailers are searching for how to leverage the new tool for customer acquisition and engagement. Bizrate Insights recently launched a new series of studies investigating how online consumers are shopping through this emerging channel.

The Golf Warehouse Forms Partnership With Eagle Golf
April 17, 2012

The Golf Warehouse, a division of Redcats USA, announced today that the company has partnered with Eagle Golf, developing shopping websites for 28 of its golf courses. Under the new partnership, The Golf Warehouse has launched 28 individually customized and branded shopping websites in collaboration with Eagle Golf, providing its member courses a shopping website. Each website is branded with the course logo, name and unique identity, however, The Golf Warehouse will be responsible for the fulfillment of orders as well as responding to customer inquiries via phone, email and live chat.