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Strategy

  • eBay enables more commerce in Q3

    Enabled commerce volume at eBay surged 27% in the company’s third quarter with cross border trade showing particular strength, but it wasn’t enough to prevent the company from revising downward its full year outlook.

  • Report: Bank of America says Alibaba tops in e-commerce

    Charlotte, N.C. –- Bank of America has reportedly released a report saying that Chinese e-commerce platform Alibaba Group Holding Ltd. is the leader in global e-commerce, followed by Amazon.com.    According to Benzinga.com, Alibaba currently holds 31% of global e-commerce market share and should grow to capture 33% of global e-commerce market share in 2015.    
  • Sears names merchandising exec as acting CEO of Sears Canada

    Hoffman Estates, Ill. – Sears Holdings Corp. has named Ronald D. Boire, executive VP/chief merchandising officer of Sears Full Line Stores and Kmart Format, as acting president and CEO of Sears Canada. Boire will leave his role with Sears Holdings and replaces former Sears Canada CEO Douglas Campbell, who the company previously said would leave his post by the end of 2014.  
  • Celebration Pointe begins construction on bridge

    Gainesville, Fla. -- Celebration Pointe has begun site work on a five-lane, $12 million bridge that will span Interstate 75. Celebration Pointe partner Ralph Contimade the announcement.  
  • Intel opens in-store “experience” shops in 50 Best Buy locations

    Santa Clara, Calif. -- Intel debuted “The Intel Experience” in-store shops in 50 Best Buy locations nationwide. The hands-on “experience zone” gives shoppers the opportunity to try, explore and play with the latest, cutting-edge technologies from 3-D printing to digital disc-jockey remixing.  
  • Dunkin’ Donuts plans 40 new Michigan stores

    Canton, Mass. –- Dunkin’ Donuts plans to open 40 new restaurants in Michigan during the next several years, in addition to more than 60 currently operating in the state. The retailer continues to recruit franchise candidates there with an emphasis on Flint, Lansing and Traverse City.    
  • Abercrombie names Ann Taylor Loft exec as Hollister president

    New Albany, Ohio -- Abercrombie & Fitch Co. has named Fran Horowitz to the position of president of its Hollister brand. Horowitz, 51, will report to CEO Mike Jeffries and will have overall responsibility for all product and customer-facing activities for the Hollister brand, and for its financial performance. Horowitz is expected to commence employment with the company on or around Oct. 20, 2014.   
  • Three new retailers opening at The Siena in downtown Montclair

    Montclair, N.J. -- Regional comfort food, gourmet sandwiches and chocolates are coming to downtown Montclair. Pinnacle Companies Realty Group, a subsidiary of The Pinnacle Companies and the exclusive broker for The Siena, announced today that three new retailers are opening soon at The Siena luxury mixed-use community on South Park and Church Streets: Chocolate Works, the Heritage House restaurant and Jimmy John's gourmet sandwiches.  
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