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Sales & Marketing

  • Home Depot plans $2 billion of debt to build cash, buy stock

    Atlanta -- Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.

    According to a filing with the Securities and Exchange Commission, the company plans to sell 10- and 30-year bonds. It is offering $1 billion of each maturity.

    Home Depot is replacing $1 billion of 5.2% notes issued in 2006 that matured March 1, and raising money to buy its own stock. The notes may be sold as soon as Monday.

  • Sports Authority named official sponsor of Major League Lacrosse

    BOSTON -- Sports Authority has been named the official partner of Major League Lacrosse, the league announced. 

    Under terms of the agreement, Sports Authority will become the exclusive national sporting goods retailer of the MLL.

  • Dario gets it done in downtown St. Pete

    The Target brand was a big winner over the weekend, as Dario Franchitti piloted the number10 car of Target Chip Gansassi Racing to victory in the Honda Grand Prix of St. Petersburg. The race through the streets of downtown St. Petersburg, Fl, consisted of 100 laps over a 1.8 mile, 14 turn course, and the distinctive red and white Target car was featured extensively during television coverage. To watch highlights of the race, click here.

  • Peapod expands in NYC

    NEW YORK — Royal Ahold’s Peapod online grocery service is expanding in New York, according to published reports.

    According to the reports, the new service, Peapod by Stop & Shop, will fulfill orders using the existing warehouse presence of Ahold supermarket banner Stop & Shop, which operates several stores in the city. In addition to groceries, Peapod also offers numerous health and beauty products.

  • Report: U.S. consumer spending up in February, economy on ‘firmer footing’

    Washington, D.C. -- A report released Monday by the Commerce Department showed that consumer spending in the United States rose more than forecast in February as incomes climbed.

    Bloomberg News estimated spending would advance 0.5%.

    Purchases increased 0.7%, the most since October, after advancing 0.3% the prior month. Incomes increased 0.3%, less than the 0.4% projected.

  • Tcherassi brings Latin flavor to Payless collaboration

    TOPEKA, Kan. and MIAMI -- Payless ShoeSource announced that it is now partnering with internationally acclaimed Colombian fashion designer, Silvia Tcherassi, to create the latest Payless designer label, Silvia Tcherassi for Payless, with an initial collection available in May.

  • Beyond market multiples: Increasing the value of your company before the sale

    By Kenneth H. Marks, [email protected]

    Great news! After a long drought of M & A activity, the market for private companies is showing signs of life and recovery. If you own, operate or advise a middle market company, $5 million to $500 million in revenue, what does this mean for you and your clients when thinking about shareholder liquidity or selling the business? And how can you improve the odds of getting a deal done?

  • Macy's, renowned makeup artist partner to support Dress For Success

    NEW YORK -- Macy's and makeup artist Bobbi Brown have teamed up to support Dress For Success, the international nonprofit that promotes economic independence for disadvantaged women by providing a network of support to help women thrive in work and in life.

    Macy's customers can now purchase an exclusinve set of Bobbi Brown Cosmetics;100% of the purchase price of the set will benefit Dress For Success Worldwide. The set retails for $60 (valued at $121) and will be available while supplies last.

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