Category: Retail

J. Jill: Outperformer In A Challenged Market

A loyal customer base, strong e-commerce operations and data-driven organization have allowed Jill to outperform its peers in recent years. While the IPO price has been reduced in a substantial way, the valuation is still rather full, taking into account the substantial leverage position as well.

Office Depot, Inc. Announces New Advertising Agency of Record

In addition to creative services, strategy and media responsibilities, Zimmerman will oversee the company’s social media efforts including media buying for those channels while developing integrated, strategic marketing and advertising campaigns under the Office Depot and OfficeMax banners. “Over the past few years, we have been focused on moving the Office Depot and OfficeMax brands forward.

Windstream Reports 4Q, Fiscal Net Losses

Windstream Holdings Inc. of Little Rock on Wednesday reported net losses in its fourth quarter and fiscal years, while its CEO said the company expanded enterprise service revenue for the year and rolled out premium products to new customers.

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Customers enter the J.C. Penney at the Grand Teton Mall on Wednesday afternoon. J.C. Penney announced Friday it plans to close between 130 and 140 stores nationwide.

I Was Wrong About Wal-Mart, But It Doesn’t Matter

I’d argue that WMT’s comp sales success doesn’t matter and wonder what the point is of chasing sales that don’t translate into profits. I haven’t exactly been a big fan of Wal-Mart over the past several quarters as I’ve thought the company was given way too much credit for what little fundamental progress it was making.

Press release distribution, EDGAR filing, XBRL, regulatory filings

Investors who p… )–Internationally acclaimed real estate tycoon, Marcus Hiles has gained momentum for radically changing Texas’ property landscape to reflect what today’s renters demand: free… How Those Impacted by the 2015 Cyber Attack Against Anthem Who Were Under 18 at the Time Can Get a Credit Freeze )–Anthem is offering a special minor credit freeze program to parents and legal guardians of minors whose information was involved in the 2015 cyber attack against the … Patient Safety Movement Foundation Founder Joe Kiani Honored with Two Special Awards at 5th Annual World Patient Safety, Science & Technology Summit )–Patient Safety Movement Foundation Founder Joe Kiani Honored with Two Special Awards at 5th Annual World Patient Safety, Science & Technology Summit SHAREHOLDER ALERT: Goldberg Law PC Announces an Investigation of Graa y Montero SAA and Advises Investors with … (more)

MacDonald, Dettwiler CEO: Head office may move from Vancouver to U.S. by 2019

Canada’s leader in space technology, MacDonald, Dettwiler and Associates Ltd., may end up moving its head office to the United States within two years, but that’s only one possible outcome of its proposed takeover of Colorado-based DigitalGlobe. The Vancouver-based company has made a firm commitment that DigitalGlobe’s ultimate parent will be a U.S. company by the end of 2019 _ although there’s been no decision yet about how that will be done, MDA CEO Howard Lance said Friday.

J.C. Penney to close 130 to 140 stores

J.C. Penney said Friday that it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping. The closures represent about 13% to 14% of the department store operator’s current store count, and less than 5% of total annual sales.

MacDonald, Dettwiler to buy satellite imaging company DigitalGlobe in $4.7-billion deal

One of Canada’s leading technology companies, MacDonald, Dettwiler and Associates Ltd., will buy Colorado-based DigitalGlobe, Inc. in a friendly deal valued at about $4.7 billion , including debt. Vancouver-based MDA – which has supplied technology for the International Space Station, the U.S. Space Shuttle program and satellite-based Earth imaging – is offering DigitalGlobe shareholders cash and stock worth US$35 per share.

MacDonald, Dettwiler to buy satellite imaging company DigitalGlobe in $4.7-billion deal

One of Canada’s leading technology companies, MacDonald, Dettwiler and Associates Ltd., will buy Colorado-based DigitalGlobe, Inc. in a friendly deal valued at about $4.7 billion , including debt. Vancouver-based MDA – which has supplied technology for the International Space Station, the U.S. Space Shuttle program and satellite-based Earth imaging – is offering DigitalGlobe shareholders cash and stock worth US$35 per share.

Wal-Marta s Online Sales Increase 29% in Q4

Comp sales were up at all Wal-Mart’s retail formats though analysts are wondering when sales growth will translate into earnings growth. Wal-Mart Stores reported better-than-expected U.S. sales for the holiday quarter though margins were squeezed by price-cutting efforts and investment spending.

Walmart keeps working to make inroads against Amazon

Wal-Mart drew more shoppers to its namesake stores in the United States and its online sales soared 29 percent in the fourth quarter, which covers the critical holiday shopping season. That’s an indication that its efforts to lower prices and improve web services are helping it compete better against Amazon, which has built fierce loyalty with its Prime two-day shipping program.

Wal-Mart Earnings Fall, But Online Sales Surge

Wal-Mart drew more shoppers to its namesake stores in the United States and its e-commerce sales soared, signs that its efforts to lower prices and improve web services are helping it compete better against online leader Amazon. The company saw the biggest gain in a key revenue measure in its U.S business in four years, marking the tenth consecutive increase.

Architectural Coatings Trends and T…

“Necessity is the mother of invention” drives technology development in many markets, and is especially true in architectural coatings. Increasingly strict regulations regarding the environment, people’s health and sustainability have accelerated and driven innovation.

3 High-Yield Dividend Stocks to Avoid This Winter

Dividend stocks are the foundation upon which great retirement portfolios are often built. Inclusive of dividend reinvestment, investors have enjoyed an average return of approximately 7% per year by staying invested in high-quality, dividend-paying stocks over the long run.

Will Wal-Mart’s New Shipping Plan Punish Amazon?

With Wal-Mart continuing to struggle to gain market share from Amazon in the e-commerce side of its business, it continues to try different things out to see if they work, with the latest being the shelving of its “Shipping Pass” program and the introduction of a two-day plan that requires no subscription, and includes a minimum order of $35.00. Shipping Pass was an annual membership program costing consumers $49.00, which also included a two-day shipping mechanism in the deal, which has become the retail industry baseline.

Nordstrom drops Ivanka Trump brand from its stores

Nordstrom Inc. will stop selling the controversial Ivanka Trump brand this season, a move that follows boycott threats and concerns about the first daughter’s conflicts of interest. The department-store chain made the decision based on sales, according to a statement from the Seattle-based company.

Wal-Mart starts free 2-day shipping

Wal-Mart Stores Inc. will offer free two-day shipping without a membership fee on more than 2 million items, replacing the subscription-based program it had been testing for more than a year. The Bentonville-based retailer said customers can order products online and have them shipped to their homes or Wal-Mart stores within two days, beginning today.

Gap envisions a future with augmented reality ‘dressing rooms’

Fashion brands know that experimenting with tech is imperative, whether it be to enhance the retail experience or introduce fans to the concept of virtual reality. For Gap Inc., which, in addition to its eponymous label owns Banana Republic, Old Navy, Athleta and Intermix, technology has never played a major role in its business strategy.

Job loss can be a positive sign that the economy is growing

When the president speaks of closed factories scattered like “tombstones” across America, has he noticed the shuttered stores in shopping centers and entire malls reduced to rubble? He promises protection to prevent foreigners from destroying manufacturing jobs by exporting to America things that Americans want to import. Does he know that one American company might be destroying more American jobs than China is? And that this supposed destruction is beneficial? The company is Amazon , created by Jeff Bezos.

George F. Will: Protectionism does not protect American workers

When the president speaks of closed factories scattered like “tombstones” across America, has he noticed the shuttered stores in shopping centers and entire malls reduced to rubble? He promises “protection” to prevent foreigners from “destroying” manufacturing jobs by exporting to America things that Americans want to import. Does he know that one American company might be “destroying” more American jobs than China is? And that this supposed destruction is beneficial? The company is Amazon , created by Jeff Bezos.

Invaluable reports strong auction revenue growth in 2016

Invaluable , the world’s leading online marketplace for fine art, antiques and collectibles, today announced that the company delivered strong auction revenue results in 2016 despite a challenging worldwide auction market, and added more than 750 new auction houses and art galleries to its marketplace. Rob Weisberg, CEO of Invaluable, said, ‘Our 2016 auction revenue grew 30 percent year-over-year and buyers on our marketplace grew by more than 14 percent.

Invaluable reports strong auction revenue growth in 2016

Invaluable , the world’s leading online marketplace for fine art, antiques and collectibles, today announced that the company delivered strong auction revenue results in 2016 despite a challenging worldwide auction market, and added more than 750 new auction houses and art galleries to its marketplace. Rob Weisberg, CEO of Invaluable, said, ‘Our 2016 auction revenue grew 30 percent year-over-year and buyers on our marketplace grew by more than 14 percent.

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This transformative initiative will ensure agility and flexibility across Daimler’s global contracting in their passenger cars, commercial vehicles, and financial services divisions. The company chose the ICM platform because of its ease of use, ability to address every phase in the contract lifecycle and seamless integration with third party systems that support the entire procurement process.

Despite headwinds, future still bright for B.C. satellite technology firm MDA

Investors hoping a new American chief executive officer at MacDonald, Dettwiler and Associates Ltd. would help boost the shares of the satellite technology firm may have to be patient this year, analysts say. A weaker communications satellite market and some uncertainty around how much its initiative to boost its U.S. defence business will cost the company have been – and will continue to be – headwinds for the company, known as MDA.