New Post

Target Unveils Extended One-Year Return Policy – Enhancements Underscore Commitment to Exclusive Brands

Target Corp. (NYSE: TGT) announced today an enhanced return policy covering all of the retailer’s 32 owned and exclusive brands, which extends the return window to one year from the date of purchase. The retailer also rolled out a one-year return guarantee for guests using Target’s baby, college or wedding Gift Registry. These enhancements illustrate […]

Read More

Target Shares Roadmap to Transform Business – Includes Cutting Thousands of Jobs

At a meeting today for the investor community, Target Corporation (NYSE: TGT) Chairman and CEO Brian Cornell and members of his leadership team presented the vision and strategies that will transform the retailer’s business. “Following a thorough, strategic review of our business, coupled with a careful evaluation of the changing retail landscape, we have identified […]

Read More

RadioShack Reaches Asset Purchase Agreement with Affiliate of Standard General To Acquire up to 2,400 Stores

FORT WORTH, Texas, – RadioShack Corporation announced today several actions intended to maximize value for the Company’s stakeholders. RadioShack has signed an asset purchase agreement with General Wireless Inc., an affiliate of Standard General L.P. (“Standard General”). General Wireless has agreed to acquire between 1,500 and 2,400 of RadioShack’s U.S. Company-owned stores. To effectuate this […]

Read More

Walmart Expands Online Sustainable Shopping Offering Unveils Shop at Global Milestone Meeting

SAN BRUNO, Calif.,– Walmart announced today the debut of its Sustainability Leaders shop, an online shopping portal on Walmart.com that helps customers identify and purchase products from suppliers that are leading in sustainability. The launch of the Sustainability Leaders shop builds on the company’s ambition to provide customers more information about the products they purchase […]

Read More

American Express and CostCo U.S. Partnership Agreements Set to End March 31, 2016

NEW YORK, American Express Company (NYSE: AXP) today announced that its U.S. co-brand and merchant acceptance agreements with Costco Wholesale Corporation are set to end on March 31, 2016. “We are proud of the value created over many years for Costco, for our Card Members and for our shareholders,” said Kenneth I. Chenault, Chairman and […]

Read More

New Stores Focus On Localization And Guest Experience – Target’s Store Growth Plans for 2015

MINNEAPOLIS — Target Corp. (NYSE: TGT) will open 15 stores in 2015, including three distinct store formats: eight TargetExpress locations, one CityTarget and six general merchandise stores. Target’s strategic store growth is focused on reaching guests in urban centers with new formats like TargetExpress and CityTarget, while also offering new experiences, merchandising layouts and innovations […]

Read More

Staples Announces Acquisition of Office Depot – Combined Company Better Positioned to Serve Needs of Customers

FRAMINGHAM, Mass. & BOCA RATON, Fla.– Staples, Inc. (Nasdaq: SPLS) and Office Depot, Inc. (Nasdaq: ODP) today announced that the companies have entered into a definitive agreement under which Staples will acquire all of the outstanding shares of Office Depot. Under the terms of the agreement, Office Depot shareholders will receive, for each Office Depot […]

Read More

FTC Requires Albertsons and Safeway to Sell 168 Stores as a Condition of Merger

Supermarket operators Albertsons and Safeway Inc. have agreed to sell 168 supermarkets to settle Federal Trade Commission charges that their proposed $9.2 billion merger would likely be anticompetitive in 130 local markets in Arizona, California, Montana, Nevada, Oregon, Texas, Washington, and Wyoming. According to the FTC’s complaint, Albertsons and Safeway compete vigorously on the bases […]

Read More

An Insight, An Idea with Jack Ma – Founder of E-commerce Giant Alibaba and China’s Richest Man

Jack Ma, Founder of e-commerce giant Alibaba Group and China’s richest man, told participants at the 45th World Economic Forum Annual Meeting that his vision is to serve 2 billion consumers and to help 10 million small businesses outside China sell their products through the internet. Ma, Founder and Executive Chairman of Alibaba Group, People’s […]

Read More

eBay Partners With the Israeli Diamond Exchange

eBay Israel has entered into a first-of-its-kind collaboration with the Israeli Diamond Exchange aimed at expanding the country’s global diamond trade and boosting the online role of sellers of the gems. More than 450 merchants, all Diamond Exchange members, recently attended the announcement of the unique arrangement at the Exchange Center near Tel Aviv. Under […]

Read More