Wal-Mart Extends Standard-Shipping Rates for Holidays
Brisbane, Calif. Walmart.com announced on Thursday that it is extending its standard-shipping rates until Saturday, as well as its free-shipping service with Site to Store Express.
In addition, Walmart.com has extended final-shipping deadlines through Dec. 22 for arrival before Christmas.
Site to Store Express, an expansion of the Site to Store service, is a free-shipping option for expediting online orders to Wal-Mart stores. For only $29 a year, Site to Store Express customers receive a year of unlimited expedited shipping to their local Walmart store.
Staples revamps in-store marketing
Staples has signed a multi-year deal with News America Marketing to improve in-store marketing, according to the reports.
News America will create coupon machines, floor ads and other in-store marketing products in more than 1,500 Staples stores nationwide. The changes will go in effect next month.
RadioShack becomes sole owner of Mexico unit
FORT WORTH, Texas RadioShack announced that it has become the sole owner of Radio Shack de Mexico, S.A. de C.V. after purchasing the interest in the joint venture held by Grupo Gigante, S.A.B. de C.V. for approximately $43 million in cash. Radio Shack de Mexico has approximately 200 RadioShack branded stores throughout Mexico.
Commenting on the acquisition, chairman and ceo Julian Day said, “Radio Shack de Mexico represents an attractive growth platform for our company. This is a business we know well through our experience with the joint venture and the RadioShack brand has strong equity among consumers in Mexico.”
RadioShack will operate the stores and related general office, service center and distribution center in Mexico as a wholly-owned subsidiary. All of the stores and support facilities are leased locations. The stores average approximately 1,300 square feet and are primarily located in shopping centers. Radio Shack de Mexico employs approximately 1,200 people.