Activist investor Starboard Value LP, which helped put together the merger of OfficeMax and Office Depot, issued a letter on Tuesday calling for Staples Inc. and Office Depot Inc. to merge, saying it would lead to greater savings.
Footwear retailer and manufacturer Aerosoles has teamed with Digital Management Inc. to enhance its website and deploy an advanced, feature-rich, secure e-commerce website with Responsive Web Design for mobile optimization.
The National Retail Federation announced that The Container Store chairman and CEO Kip Tindell has been elected chairman of the NRF board of directors and chairman of its executive committee, succeeding Stephen I. Sadove, retired chairman and CEO of Saks, Inc.
Tiffany's holiday sales dipped 1% and the luxury jewelry retailer cut its full-year profit outlook. CEO Michael Kowalski said that sales in the Americas fell slightly during November and December, while sales in Japan remained soft.
GameStop announced that it will be an early adopter of the Microsoft Azure cloud platform, becoming one of the first retailers to use Azure to stream video game and promotional content direct to customer and store associate mobile devices.