March 25, 2011
NEW YORK (MarketWatch) — The news that Walgreen Co., the largest U.S. drugstore, is moving to buy online retailer Drugstore.com Inc. felt a little bit like a flashback to the late 1990s.
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March 25, 2011
Freeport, Maine -- L.L. Bean announced it will implements free standard shipping to all United States and Canadian addresses effective March 25. “We tested free shipping offers with no minimum purchase for several months and the customer response was overwhelming,” said Chris McCormick, president and CEO, L.L. Bean, Freeport, Maine. “It’s our opportunity to offer free shipping for all U.S. and Canadian customers with no minimum purchase, no end date, no conditions -- guaranteed.” With the implementation of free shipping to all U.S. and Canadian customers, L.L. Bean increased the benefits for its Visa Card members by doubling rewards
March 25, 2011
For years marketers have cited the success of 2-D barcodes overseas and eagerly waited (and waited) for them to take hold in the U.S. Thanks to prominent endorsements from Target, Best Buy, Macy's and Post Cereals, that day might finally be nearing.
March 25, 2011
Grapevine, Texas -- GameStop Corp. reported Thursday that net earnings for the quarter ended Jan. 29 rose 10.1% to $237.8 million, compared with $215.9 million in the year-ago period. Total sales increased 4.8% to $3.69 billion, from $3.52 billion. Same-store sales increased 2.6%. For the year, total sales increased 4.3% to an all-time high of $9.47 billion, in comparison to $9.08 billion in fiscal 2009. Same-store sales increased 1.1%. Net earnings increased 8.1% to a record $408 million. For 2011, in the United States, GameStop said it expects to open approximately 200 new stores, focusing on underserviced markets. The
March 25, 2011
Best Buy hopes to win back market share from Wal-Mart and online retailers by redesigning stores and changing the customer service experience. A Best Buy store in San Francisco, Calif. (Justin Sullivan/AFP/) Jeremy Hobson: Well Best Buy reports fourth-quarter earnings today. The consumer electronics giant has been losing ground lately thanks to increasing competition from online retailers, as well as discount stores like Walmart. But as Marketplace's Alisa Roth reports, Best Buy has a new strategy. Alisa Roth: Best Buy wants you to know it's not just another big-box store. So it's revamping: new stores will be less cluttered
March 25, 2011
Seattle – Nordstrom said Thursday it has completed its acquisition of online private sale marketplace HauteLook, effective March 23. Nordstrom said the acquisition will enable it to participate in the fast-growing private sale marketplace and provide a platform to increase innovation and speed in the way it serves customers in all channels.
March 25, 2011
Best Buy announced it will be partnering with open wireless broadband network provider LightSquared to enter the wireless industry by becoming a mobile virtual network operator selling mobile broadband access.
March 25, 2011
Page 1 of 3 | Next Page Illinois tax collectors have a message for residents who skirt sales taxes online and out of state: Start paying up. The cash-strapped state will step up enforcement this year of the decades-old "use tax," which applies to many items bought online or in another state. Officials have added reminders on this year's paper and online tax forms about the tax. The state has made a recent push to collect sales taxes from retailers like Amazon.com Inc. and Overstock.com Inc., approving a law this month that led both companies to drop affiliates in
March 25, 2011
One of the big shifts in online shopping last year was the emergence of social e-commerce. Brands and retailers started to realize that social networks aren’t just a means to extend their visibility, but also a way to pull in more revenue.
March 25, 2011
Deerfield, Ill. -- Walgreens announced that it would "accelerate its online strategy" by acquiring e-retailer Drugstore.com. The deal, worth about $429 million, gives Walgreens access to 3 million online customers. “Our acquisition of Drugstore.com significantly accelerates our online strategy to leverage the best community store network in America by becoming the most convenient choice for health and daily living needs, whether customers shop online or in our stores,” said Walgreens president and CEO Greg Wasson. “This acquisition offers a unique opportunity that will provide us immediate access to more than three million savvy, online loyal customers, and will allow
