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  • JCPenney names West as new CMO

    JCPenney Company Inc. has named one of its board members as its next EVP and chief marketing officer.

    The company said that Mary Beth West, a highly accomplished consumer marketing executive, will join the company's executive leadership team as executive vice president and chief customer and marketing officer effective June 1. She will be stepping down from her position on its Board of Directors to assume this new role.

  • Amazon takes aim at the B2B market

    Amazon may be looking to grab a piece of the B2B pie from retailers such as Staples by launching an Amazon Business marketplace stocked with hundreds of millions of business products.

    The e-commerce giant says Amazon Business customers will also benefit from free two-day shipping on tens of millions of eligible items, multi-user business accounts, approval workflow, payment solutions, tax exemptions, dedicated customer support and much more.

  • Petco expands partnership with Instacart

    Leading specialty retailer Petco has expanded home delivery with Instacart.

  • Petco expands Instacart availability

    San Diego - After a successful pilot in Boston and San Francisco, Petco is expanding its partnership with Instacart. Beginning April 28, customers in 14 metro areas served by Instacart can order from Petco stores and have everything delivered in as little as one hour.

    Instacart currently serves 15 metro areas: Atlanta, Austin, Boulder, Boston, Chicago, Denver, Houston, Los Angeles, New York City, Philadelphia, Portland (OR), San Francisco, San Jose, Seattle and Washington, D.C. The company plans to add several more cities before the end of 2015.

  • Report: PayPal offers One Touch payment online

    San Jose, Calif. – PayPal Inc. is reportedly now offering its One Touch single-touch electronic payment capability to online purchases. According to Reuters, PayPal is extending the reach of the previously mobile-only One Touch to help reduce the $4 trillion in merchandise that consumers annually abandon in online shopping carts.

    Customers will be able to use One Touch to make purchases across all PayPal-enabled sites without re-entering login information.

  • Overstock.com's growth slows down in Q1

    The CEO of Overstock.com says the majority of its sales are coming from mobile as the Internet retailer reported a $1.2 million decrease in profit for the first quarter.

  • Container Store Q4 profit drops; will open nine new stores

    Coppell, Texas – Higher selling, general and administrative (SG&A expenses) helped drive down net income at The Container Store Inc. during the fourth quarter of fiscal 2014, and the retailer expects open nine new stores and relocate one store during fiscal 2015. The Container Store reported net income of $13 million, down 29% from $18.3 million in the same quarter the prior year.

    Net sales totaled $224.26 million, up 3% from $216.82 million. Same-store sales dropped 0.8%.

  • Mother’s Day spend to grow 2%

    New York – Consumers might be a little nicer to Mom this year than last year. IBISWorld expects total Mother’s Day spending to reach $20.8 billion, representing an increase of 2% from 2014 spending, and an annualized increase of 6.5% since 2010.

    Average household spending on Mother’s Day is also set to grow, with the standard family shelling out an estimated $169.21, representing a 4% increase from the 2014 average.

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