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Week in Review: 10 Must-Remember Online Articles

In Industry News, What's New by Accessories StaffLeave a Comment

New York—“The epicenter of stupidity”…that’s how outspoken L Brands chairman Leslie Wexner referred to Washington, specifically Capitol Hill, this week during the nerve-wracking hours leading up to a temporary debt ceiling solution. Like many retailers and business leaders, Wexner is concerned about how the political gridlock and its subsequent effects …

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The 2013 List of Most Admired Online Retailers, Consumers’ Favorites

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Washington–These days there seem to be more e-commerce sites than there are stars in the heavens. But which online retailers are the best and the brightest in the Internet universe? Polling the National Retail Federation (NRF) and Shop.org members, Stores Media asked survey participants to name “the e-commerce retailer they …

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After Selling Majority Stake, William Ackman Finally Departs JCPenney

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

New York—After a controversial and often contentious tenure as JCPenney’s largest shareholder and member of its board of directors, William Ackman, activist investor behind Pershing Square Capital Management, has sold his stake in the retailer. According to documents filed Monday in a regulatory filing with the Securities & Exchange Commission …