Saturday, May 26, 2012
Macy's dips toe in China market via online deal
Macy's Inc said on Wednesday it will start selling some items in its private brand assortment directly to shoppers in China through a deal with a new online retailer there. VIPStore, who will operate omei.comThe department store chain will have a Macy's section on omei.com, a new China based e-commerce site operated by VIPStore Co Ltd, in which Macy's has made an equity investment of $15 million. Macy's Chief Executive Terry Lundgren said in a statement that there is "significant long-term
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment