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- Thu, 02/05/2015 - 1:48pm
In its first acquisition in 10 years, Macy’s has signed an agreement to acquire luxury beauty products retailer Bluemercury for $210 million in cash. The privately held Bluemercury, based in Washington, D.C., currently operates about 60 specialty stores in 18 states, primarily in prime street-level locations and urban lifestyle centers. Most locations include in-house spas. The company also operates an online business.
A pair of veteran retailers were among the most popular store sites on Facebook during the 2014 holiday season. Sears was the most popular U.S. department store, while Walmart.com was the most popular mass merchant store site, according to a study by Searchmetrics.
A new study shows just how diluted Black Friday has become to holiday shoppers: Twenty-eight percent of shoppers shopped in stores on Nov. 22 and Nov. 23 and 34% of shoppers chose to shop in stores the weekend after Black Friday (Nov. 29 to Nov. 30), while 25% shopped on Black Friday, according to Kantar Retail.
Rite Aid, Meijer, Sears and Walgreens rank as some of the best retailers for Black Friday deals.
Sears Holiding Co. joined the growing list of retailers with extended shopping hours on Thanksgiving and Black Friday. Sears will open at its earliest time ever: 6 p.m., and Kmart will open its doors for 42 hours straight, from 6 a.m. on Thanksgiving to midnight on Black Friday.
Forrester Research said Monday it expects U.S. online sales to reach $89 billion in November and December. That's up 13% — or about $10 billion — over a year ago.
Starbucks Coffee Company continues to extend its mobile offerings. The coffee giant will launch mobile ordering in its locations in the Portland, Ore., area by year end, with a full rollout nationwide in 2015.