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J.C. Penney Slashing 2009 Capital Expenditures
By: By Jim Tierney
Cataloger/retailer J.C. Penney is scaling back: According to further details of its 2009 bridge plan released on June 25, it will reduce capital expenditures from $1 billion in 2008 to $650 million next year....
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Quebecor Creates New Marketing Group
By: By Jim Tierney
Montreal-based printer Quebecor World, which filed for Chapter 11 bankruptcy protection in January, announced on June 16 plans to merge its retail insert, catalog, direct mail, and Sunday magazine printing divisions in the U.S. into a new integrated marketing group. ...
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Airgas Acquires Refron
One week after Airgas acquired Oilind Safety, the company announced today it has signed an agreement to acquire the assets and operations of Refron, a national reseller and distributor of refrigerants...
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Live From DMDNY: Keep Your Brand Upbeat
By: By Patrick Barnard
New York--“Great stories are what drive brands,” according to Lucas Donat, founding partner of Donat/Wald: “As long as we focus on stories -- we can connect on an emotional level.”...
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Streicher’s Acquires Arrington Police Distributors
By: By Jim Tierney
Streicher’s, a $25 million distributor of public safety and police equipment, has acquired Arrington Police Distributors, a law enforcement supply company serving the mid-Atlantic region...
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Staples Succeeds in Corporate Express Bid
After three failed attempts in the past four months, the drama has ended: Office supplies cataloger Staples announced on June 11 it has finally acquired office products distributor Corporate Express ...
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Live from Internet Retailer: J.C. Penney's Website Insight
By: By Tim Parry
Once upon a time, J.C. Penney's Website was an online vehicle to drive brand awareness. Now that JCP.com brings in more than $1.5 billion in annual sales, the general merchant is directing more of its marketing spend online...
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