Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
  • more factoids ›
MAY 2007

Federated gets behind mall-based multichannel concept

DMNews, May 16, 2007 — Federated Department Stores has taken a stake in The Epicenter Collection, the new mall concept designed to showcase catalogers, e-tailers and individual brands. Gordon Group Holdings, which first developed The Epicenter Collection several years ago, announced yesterday that Federated has leased a former Lord & Taylor store in Delaware to Epicenter in exchange for an equity interest in the company.

Add Your Comment

(required)
(required)



(to prevent comment spam)
 


Any HTML in your comment will be removed upon submission. All comments are moderated, and it may take up to 24 hours for your submission to be approved and published. The BackPocket editors reserve the right to edit or remove comments at any time and for any reason.