News

LeapFrog Enterprises is rolling into the holiday with its strongest product lineup ever but concerns about consumer spending have the leading educational entertainment company tempering its view of fourth quarter sales.

Macy's has integrated NantMobile’s iD visual recognition technology into its Star Gifts app to allow customers to shop on the go from catalogs, billboards and magazine ads.

Lands’ End will offer free shipping to all customers on purchases more than $50 as part of its standard customer offerings. U.S. customers will also have the option to upgrade to two-day UPS shipping for $5.

CVS, which posted a solid third quarter across its enterprise, is well-positioned to benefit from the rapidly changing healthcare environment. That was a key message that CVS president and CEO Larry Merlo had for analysts during the company’s third-quarter conference call.

Duck Tape brand duct tape is joining forces with Fiskars Corp. to introduce a new line of scissors for crafting.

“Both Duck brand duct tape and Fiskars share a commitment to creating innovative products that help people express their creativity,” Fiskars VP brand marketing Jay Gillespie said. “This partnership is a perfect fit, and we’re looking forward to giving enthusiasts tools that make creating with Duck Tape easier than ever before.”

The scissors will be available at select retailers June 2014.

ECRM compared retail circular advertising in October 2012 versus October 2013 and noted trends occurring across top retail chains. Although Home Depot and Lowe’s continued to see large year-over-year changes, these shifts have been consistent throughout the past few months: the new sizes and densities of circulars within the home improvement channel have solidified. Lowe’s now features lengthy circulars with few ads per page, while Home Depot typically runs shorter, denser circulars.

Energizer Holdings named Loop Capital Markets general counsel and HanesBrands board member as the newest member of its board.

JetPay Payment Services has appointed Jeffry A. Beene as the company’s SVP for risk management. Beene has more than 20 years of experience within the merchant acquiring industry.

JetPay Payment Services is an end-to-end payments processing provider. Along with its sister company, JetPay Payroll Services, the company now offers a complete line of vertically integrated financial services to businesses across the country, including payment processing, payroll and tax filing, human resource management and prepaid card services.

Office Depot and OfficeMax announced the completion of their merger late Tuesday and from the looks of third quarter results released the same day the deal should prove beneficial to both companies.

Office Depot said its third quarter same store sales declined 2%, while OfficeMax said its comps dropped 2.8% in the U.S. and 2.2% in Mexico.

The combined company will use the name Office Depot, Inc. and will trade on the New York Stock Exchange under the symbol ODP.

Staples now carries Square Stand, hardware developed by Square that helps brick and mortar businesses turn an iPad into a complete point of sale, at stores and online.

Business owners will be able to process test payments using Square Stand and Square Register, Square's free point-of-sale software, at many Staples locations. Businesses that purchase a Square Stand from Staples in November will receive a free $200 Staples gift card.