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Sears Holdings launches Charity Gift Registry

BY Alaric DeArment

HOFFMAN ESTATES, Ill. — A new system allows members of Sears Holdings’ Shop Your Way loyalty program to donate the same way they would give to a wedding registry.

The Charity Gift Registry allows customers to purchase an item and donate it to a child in need in the store, through mobile or online. Items include sports equipment, yard games, puzzles, toys, art supplies and board games. Share Our Strength’s No Kind Hungry campaign is the first cause to be supported by the registry. The group aims to end childhood hunger by providing children with healthy food.

"With more than 16 million children struggling with hunger in America, Shop Your Way is proud to launch the Charity Gift Registry by supporting this important effort," Sears Holdings EVP and president for marketing, online and financial services Imran Jooma said. "We know that many children who are hungry also lack other daily necessities, including educational toys, games and art supplies."


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Valeant Pharmaceuticals closes deal on Bausch + Lomb

BY Michael Johnsen

LAVAL, Quebec — Valeant Pharmaceuticals on Tuesday announced it has completed its previously announced acquisition of Bausch + Lomb.  

Bausch + Lomb is a global eye health company that has a broad portfolio of eye health products, including well-known prescription and OTC brands Besivance, Lotemax, Ocuvite and PreserVision; vision care brands Biotrue ONEday, PureVision, renu and Boston; and surgical brands enVista, Storz, Stellaris and Victus.

Valeant started the process in May, when it announced the all-cash $8.7 billion acquisition. The move will make Valeant one of the leaders worldwide across both dermatology and eye health, the company said. 


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The Exchange commissary to augment omnichannel offering

BY Michael Johnsen

DALLAS — The Army & Air Force Exchange Service last week announced it has awarded a multi-year contract to SpeedFC to build and maintain an ecommerce platform, replacing a proprietary legacy environment. The Exchange is an omnichannel operator with a website at shopmyexchange.com and more than 2,800 brick and mortar facilities, AAFES noted.

“One of our strategic priorities is improving online offerings and the user experience,” stated the Exchange’s director/CEO Tom Shull. “Whether in-store or online, it is extremely important that we make the same Exchange benefit available to all soldiers, airmen, their families and retirees, regardless of where they are stationed or by what means they prefer to shop.”

The SpeedFC solution will incorporate Oracle’s ATG platform for back-end systems, Speed Order, their proprietary system for order management, Omniture for analytics and Endeca for guided navigation, faceted search and search administration. 

The Exchange website presently offers branded and private label items across all merchandise categories including women’s apparel, accessories and beauty, men’s, children’s, electronics, home, appliances and military apparel, all with free shipping on most orders and tax free to its customers. 

The Exchange plans to add a significant number of additional items prior to the key holiday season.

As part of this integration, the call center will move from a direct in-house operation to an outsourced solution located in the Dallas-Ft. Worth metroplex.

Last year, authorized shoppers placed more than 700,000 orders at shopmyexchange.com totaling more than $220 million in revenue.


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