Target and Toys R Us posted overall sales declines during the holidays.
www.Wine.com and www.WineShopper.com today announced they would merge under the name Wine.com in a deal for which terms werenât disclosed. The newly-merged online company, which is expected to launch next year, retains William Newlands, president of Wine.com, as CEO; and Peter Sisson, founder and CEO of WineShopper.com, as vice chairman and chief strategy officer. Other founding members of both companies also remain with the new company in new roles. www.Amazon.com is one of several backers of WineShopper.com.