FORT WORTH, Texas, — RadioShack Corporation (NYSE: RSH) has announced that it received a notice from Salus Capital Partners, a unit of Harbinger Group, Inc., claiming covenant breaches under the $250 million Term Loan facility provided by Salus and Cerberus Business Finance, a unit of Cerberus Capital Management. The claims relate primarily to the recapitalization […]
Today Target Corporation (NYSE:TGT) (the “Company”) announces that it plans to discontinue operating stores in Canada through its indirect wholly-owned subsidiary, Target Canada Co. (“Target Canada”). As a part of that process, this morning Target Canada filed an application for protection under the Companies’ Creditors Arrangement Act (the “CCAA”) with the Ontario Superior Court of […]
Ever since the founding of Alibaba Group in 1999, it has been our mission to make it easy to do business anywhere. This ease of doing business must be facilitated by trust. We believe that trust is the basis for wealth and that trust is an important currency that makes our e-commerce platforms tick. All […]
SEATTLE–Dec. 18, 2014– Amazon.com, Inc. (NASDAQ: AMZN) today announced Prime Now, the newest benefit for Prime members, which offers one-hour delivery on tens of thousands of daily essentials through a mobile app. Prime Now is powered by Amazon’s growing network of fulfillment centers that utilize high-end technology to speed up order delivery times for customers. […]
PHOENIX & NEW YORK–(BUSINESS WIRE)–Dec. 14, 2014– PetSmart, Inc. (NASDAQ:PETM) today announced that it has entered into a definitive agreement to be acquired by a consortium led by BC Partners, Inc. at a price of $83.00 per share in cash, representing a premium of approximately 39% over PetSmart’s unaffected closing share price on July 2, […]
BOCA RATON, Fla. -Office Depot, Inc. (NASDAQ: ODP), a leading global provider of office products, services, and solutions formed by the merger of Office Depot and OfficeMax, today launched its Elf Who Helps Small Business contest, designed to give small businesses the opportunity to win the extra help they need to complete their end-of-year to-do […]
New York, NY – To recognize the company’s commitment to pre-K-12 educators and administrators, Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller and the leading retailer of content, digital media and educational products, is offering teachers a special holiday shopping event on Saturday, December 6. Educators who shop at their local Barnes […]
INDIANAPOLIS, Dec. 2, 2014 – Simon®, a global leader in retail real estate, and eBay Inc., a global commerce and payments leader, together unveiled the ‘Connected Mall,’ a new, interactive directory to enhance the mall shopping experience. The ‘Connected Mall’ went live this holiday season at Stanford Shopping Center in Palo Alto, California. The immersive […]
HOFFMAN ESTATES, Ill., Sears and Kmart, two leading integrated retailers, have turned Cyber Monday into a weeklong savings event to make holiday shopping easier for Shop Your Way members and customers. Cyber Week deals start Sun. Nov 30 at 12:00 a.m. and run for seven days to Sat. Dec 6 at 11:59 p.m. on Sears.com/cyber […]
How are the lines between online and offline commerce blurring? Beginning today, eBay Inc. and Rebecca Minkoff are unveiling the future of retail through a Connected Store powered by eBay Inc. located in SoHo, New York City (96 Greene St.). Using eBay Inc. technology, this store showcases a digital and connected shopping experience that merges […]
