Sharper Image to be sold at auction

Chantal Todé April 24, 2008

Sharper Image Corp. is pursuing a sale of its business and assets. Any sale of the specialty retailer, which filed for Chapter 11 bankruptcy protection in February, will be subject to approval of the bankruptcy court. The company expects to complete a sale via auction by the end of May.
 

Home Depot names CMO

Chantal Todé April 23, 2008

The Home Depot has named former Coca-Cola marketing executive Frank Bifulco to the position of SVP and CMO. Bifulco has nearly 30 years of experience in consumer products and retail businesses. Most recently, he served as chief customer officer and president of Hasbro North America Sales.
 

Sears latest retailer to lose bank funding

Chantal Todé April 21, 2008

Sears Holdings Corp. has joined the list of retailers receiving bad news from the financial community. In a filing with the Securities and Exchange Commission on Friday, Sears revealed that the Bank of America had advised the multichannel merchant it would not renew an existing letter of credit agreement under the current terms.
 

Proposed tax rocks e-tailers

Dianna Dilworth, Alyson Grala April 21, 2008

Online retailers and catalogers alike are facing a new challenge with the news that New York State is looking to charge them taxes for doing business in the state, despite not having any office there. The new "Amazon Tax," which is awaiting approval from Governor David Paterson's office, is expected to meet with opposition, though it hasn't met with much surprise.
 

RedEnvelope files Chapter 11, finds buyer

Chantal Todé April 18, 2008

In a filing with the Securities and Exchange Commission today, RedEnvelope reported that it filed for Chapter 11 bankruptcy protection on April 17 with the US Bankruptcy Court for the Northern District of California, San Francisco.
 

Lord and Taylor names CMO

Chantal Todé April 17, 2008

Roger Adams, previously the CMO at The Home Depot, has been named to the newly created position of SVP and CMO at Lord and Taylor. Adams' duties include brand management, creative and media services, consumer relationship management, market research, consumer insights, Internet marketing and sales promotion. He will report to president and CEO Jane Elfers.
 

EToys to merchandise, fulfill Circuit City's online toy business

Chantal Todé April 17, 2008

Circuit City has signed a deal with The Parent Company for the latter to merchandise and fulfill select toys on CircuitCity.com through its eToys division. EToys will provide children's products for the toys and kids' electronics department on the Circuit City Web site.
 

Talbots renegotiates payment terms with vendors after losing bank funding

Chantal Todé April 16, 2008

The Talbots Inc. is the latest multichannel merchant to become a victim of the financial industry's growing wariness of funding retail operations. However, Talbots quickly responded, by renegotiating terms with its vendors and said these arrangements are expected to be sufficient to fund the company's working capital needs under its 2008 operating plan.
 

NY online retail tax approved

Alyson Grala April 14, 2008

Late last week, New York legislators approved a bill that will require out-of-state online retailers to begin collecting sales taxes on purchases shipped to New York addresses, meaning that companies such as Amazon, which has no employees or operations in New York, will be required to collect state taxes because several of its affiliates live in the state. This will effectively end tax-free online shopping in New York.
 

Banks not bailing out retailers

Chantal Todé April 11, 2008

Some banks are displaying a lack of confidence in catalog and multichannel retail operations. Several multichannel merchants have closed or warned that they may have to cease operations after financing has dried up.
 
« Previous
Next »
 
Popular Tags
Acquisitions Ad Serving & Ad Networks Agency Analytics Arts & Entertainment Business to Business Campaigns Careers Moves Database Marketing & CRM Direct Mail & Postal Direct Response Television EMail Marketing Interactive Marketing International DM Internet Marketing Legal & Privacy Lists Media & Circulation Multichannel Retail & Ecommerce Nonprofits & Fundraising Research Search Marketing Shows & Associations Technology Teleservices
Home | News | Features | Sectors | Sectors | Resources | Events | Subscribe | Issue Archive | Contact Us | About Us | Editorial Calendar | Advertise | Subscribe to our RSS feeds RSS

Other sites from Haymarket Media Inc.

PRWeek US | PRWeek Jobs | SCMagazine US | DMNews | DMNews Jobs | MM&M | Medical Marketing Jobs

Your use of this website constitutes acceptance of Haymarket Media's Privacy Policy and Terms & Conditions