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Retail dealmaking: Surviving and thriving in the middle
A recent stream of deals -- such as Sycamore Partners LLC's purchase of Talbots Inc., Ascena Retail Group Inc.'s acquisition of Charming Shoppes Inc., Golfsmith International Holdings Inc.'s sale to an investor group and the sale of Cost Plus Inc. to ...
A Print Focus Returns in Lane Bryant Campaign
Founded in New York in 1904 by a Lithuanian dressmaker, Lane Bryant was sold in May with its parent company, Charming Shoppes, to Ascena Retail Group for $890 million. Ms. Crystal said the new marketing strategy was in the works before the sale.
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$29M Grow NJ incentive tops list of projects on EDA board's agenda
A BEIP for that spinoff segment to add those jobs also is pending approval today. Other companies awaiting approval for a BEIP include DressBarn parent company Ascena Retail Group Inc., which would locate to Mahwah, and digital imaging services ... bolsters social media offering for auto industry with acquisition, a provider of digital marketing solutions for the automotive vertical, announced Aug. 20 its acquisition of hearforward, a designer and developer of social media campaigns, says Dealer.
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Yahoo appoints Lockerz CEO as new CMO
Yahoo has named Kathy Savitt, the founder of social commerce startup Lockerz, as its CMO. Savitt, also a former executive at American Eagle Outfitters Inc., will be reporting directly to CEO Marissa Mayer, who joined Yahoo in July. Savitt will replace ...
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Motorola terminates 4000 employees
�This is a natural progression of a lot of things when one company acquires another, especially when there's some overlap,� says IDC senior research analyst Ramon Llamas.
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Google's Motorola unit files patent complaint against Apple
Google's reinvention of the Motorola Mobility business it acquired last year continues apace. The manufacturer of several models of Android-powered Droid phones�and holder of several thousand mobile technology patents�has filed a complaint with the ...
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Litle & Co. finds state-by-state variance in direct response spending
Wyoming, Alaska, Hawaii, and Nevada are the most active states for consumer direct response spending. The least active are Oregon, Indiana, Tennessee, and Michigan, according to payment processing company Litle & Co., which released its findings on ...
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USPS reports $5.2 billion Q3 net loss
The U.S. Postal Service (USPS) reported a Q3 net loss of $5.2 billion on August 8, with $3.1 billion attributable to refunding retiree health benefits, acting CFO Stephen Masse said in an earnings call.
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BB Direct unveils new church database
Direct marketing organization BB Direct announced on Aug. 17 the launch of a new rentable database that contains figures on U.S. churches, synagogues, and other houses of worship, says BB Direct Owner Brian Berg.