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Sales & Marketing

  • Office Depot reports Q1 loss

    Boca Raton, Fla. -- Office products retailer Office Depot reported a worse-than-expected first quarter net loss of $17 million, compared with net earnings of $41 million a year earlier, hurt by lower sales and costs related to its pending merger with OfficeMax. The company also said it would hold a special meeting with investors to seek approval for the merger.   

  • NRF says mom’s in for a treat, while IBISWorld says not so much

    Moms are in for a special treat this Mother’s Day, May 12, according to a survey conducted by the National Retail Federation, but another survey conducted by IBISWorld has found that Mother’s Day spending growth will be flat this year compared to last year.

     

    NRF’s Mother’s Day spending survey conducted by BIGinsight has found consumers will spend an average of $169 on mom, up 11% from last year’s $153. Total spending is expected to reach $21 billion.

     

  • Who What Wear launches e-commerce site

    Los Angeles – Online fashion magazine Who What Wear is launching a new home décor e-commerce site, DomaineHome.com.

    The site functions as an online magazine focused on home décor and decorating with shoppable content.

     

  • Five Below to raise funds for kids with cancer

    PHILADELPHIA — Five Below, a leading retailer of extreme-value merchandise for teens and pre-teens, is once again teaming up with Alex's Lemonade Stand Foundation to raise money to help children with cancer. 

     

  • DSW set to open first South Carolina store

    Columbus, Ohio -- Footwear/accessories retailer DSW Designer Shoe Warehouse is opening a new store in Columbia, S.C., on May 2. This will mark the entry of the DSW brand into South Carolina.

    The company operates 375 stores in 41 states, the District of Columbia and Puerto Rico, as well as 347 leased departments for other U.S. retailers.

     

  • Digital coupon provider hires eBay exec

    AUSTIN, Texas — Digital coupon site RetailMeNot has appointed Giulio Montemagno as the company's first SVP of international. He will report to COO Kelli Beougher.

     

  • Don’t Count Out Direct Mail: Five Ways to Boost ROI

    By Michael W. Maynard,

  • Former Sports Authority exec new Big Lots CEO

    COLUMBUS, Ohio — Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor. 

    Fishman will also step down from the board of directors immediately following the 2013 annual meeting of shareholders on May 30, at which time Campisi will be appointed as a director. The board also plans to elect a non-executive chairman of the board.

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