Screenwriter Delia Ephron did not have a merry online Christmas shopping experience at J. Crew. But rather than complain about the company's customer service, she turned an op-ed column in the New York Times into a wide-ranging indictment of online shopping itself. Here's why she's wrong.
Today is Free Shipping Day, and almost 1,600 retailers are offering shipping deals to online shoppers. It's also the last day they'll guarantee regular delivery by Christmas Eve. We asked the folks behind Free Shipping Day to share their 10 favorite deals of the day: Here are their choices.
Next weekend brings Super Saturday -- the last Saturday before Christmas, and one of the busiest shopping days of the year. If you don't want to get stuck in the mob scene, you should finish your shopping sooner -- like now. To help, we've rounded up some of the best deals on offer this weekend.
Last year, 24/7 Wall St. put together a list of CEOs who need to retire, basing its judgment on quarterly earnings, stock price, and innovation. Now, with most large public companies having reported their second quarter results, 24/7 is back with a list of nine CEOs who are performing so poorly that they ought to be removed immediately. Read on to find out who, and why.
Shoppers shrugged off higher gas prices and cool temperatures to give retailers a surprisingly strong March. "There is still a significant amount of pent-up demand,"said Ken Perkins, president of RetailMetrics LLC, a research firm. "I think the job recovery is catching on."
Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors -- and each other.
Sears Holdings and Urban Outfitters are apparently both looking to buy J. Crew Group. The two are weighing making rival bids for the clothing retailer. This could create a challenge to TPG Capital and Leonard Green & Partners' plan for a $3 billion buyout.
Shares of J. Crew jumped 16% on Tuesday after the specialty retailer confirmed it was considering a $2.8 billion buyout offer. But some question whether J. Crew's $2.8 billion buyout was the best possible deal for investors.
Private equity firms are likely to buy retailer J. Crew Group for $43.50 a share or about $2.8 billion, though investors might balk at such a modest premium.
President Barack Obama's joke about holding a "Slurpee Summit" between Democrats and Republicans has the makers of the sugary drink scrambling to take action. "We don't want to be opportunistic, but nothing has ever been this big for Slurpee" a 7-Eleven spokesperson said.
Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here's a look at the people who are leading retail out of the doldrums.
