News

Port Washington, N.Y. – Office and school supplies generally do not have any issues with fit or texture, making them an ideal e-commerce item. Data from the NPD Group backs this assertion up.

Retail spending on office and school supplies grew 1% in 2014 (52 weeks ending January 3, 2015) compared to 2013, with e-commerce serving as the push behind the increase. The e-commerce channel crossed the billion-dollar threshold for the first time, reaching $1.1 billion in sales, and was the only channel to experience growth across all categories.

Framingham, Mass. - Staples Inc. is launching a new brand campaign featuring the “Staples Guy,” who showcases how the company helps small business customers succeed. The new campaign, which features radio, digital and social media, builds on the tagline “Make More Happen” to highlight the value, convenience and services that help Staples customers achieve success in surprising and affordable ways. The national campaign begins Sunday, Feb. 8.

New York -- Companies are losing as much as 25% of online revenues an average per respondent of $92.3 million per year – to mobile fraud, according to a study by RSA and TeleSign, a provider of mobile identity verification solutions. Nearly one-third of organizations lost as much as 10% and up to 25% of revenues due to mobile fraud.

It's official: The long-struggling RadioShack has filed for Chapter 11 bankruptcy protection. The 94-year-old retailer made its filing in  U.S.

ECRM compared retail circular advertising in January 2014 vs. January 2015 and noted trends occurring across top retail chains. Target boosted circular pages used in January 2015 by 18%. Get Fit, Choose Well Eat Well, and Baby circular themes were seen at Target Y/Y. Target added a “Halftime Spread” theme Wrap section in the pre-big game circular featuring PepsiCo products and private label snack foods.

Lowe's is helping to fulfill the makeover wishes of 515 schools in 46 states with money for improvement projects.

Coach Inc. has added a luxury retail veteran to its board of directors.

“We are extremely pleased that Andrea Guerra has agreed to join our board,” said Victor Luis, CEO at Coach Inc. “As Coach continues its transformation into a modern luxury lifestyle brand, Andrea's extensive exposure to a wide variety of best-in-class brands and his broad retail and international experience will prove valuable to our team."

Coach's efforts to regain its upscale brand identity received a boost this month with the addition of a veteran luxury goods retailer to its board of directors.

“We are extremely pleased that Andrea Guerra has agreed to join our board,” said Victor Luis, CEO at Coach Inc. “As Coach continues its transformation into a modern luxury lifestyle brand, Andrea's extensive exposure to a wide variety of best-in-class brands and his broad retail and international experience will prove valuable to our team."

Brown Shoe Company has added the former CEO of Victoria’s Secret to its board of directors. 

“Adding Lori Greeley -- a well-known and highly-respected leader in retail -- to our board of directors gives us the benefit of her more than 20 years of experience,” said Diane Sullivan, CEO, president and chairman of Brown Shoe Company. “Her energy and passion for the business and her leadership skills will be a welcome addition to our company.”

The CVS Health Foundation is making a $5 million five-year commitment to the Campaign for Tobacco-Free Kids to launch a new grant program.

Through the “Making the Next Generation Tobacco-Free” program, the CVS Health Foundation will partner with Tobacco-Free Kids to provide grants to organizations committed to implementing public health strategies to reduce youth tobacco use and exposure to secondhand smoke.