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Study: Apparel retailers still seek the perfect technology fit
As more shoppers embrace digital solutions, apparel retailers must merge online and offline experiences to drive e-commerce sales. This was according to “Apparel Trend Report: Reconciling the Tech with the Tactile,” a report from Criteo that highlights the latest shopping trends in the apparel and accessories retail category. The report offers insight into shifting shopper behavior and actionable intelligence for retailers and brands as they seek to fully capitalize on the apparel e-commerce ecosystem. -
GNC’s Q1 income takes a dive
GNC Holdings’ income and revenue declined in the first quarter, but the company said it is encouraged by the results of its marketing and pricing revamp. Net income totaled $23.9 million, or 35 cents per share during the quarter, compared with $50.8 million, or 69 cents per share, in the year-ago period year. Adjusted earnings were 37 cents per share, which was above estimates. Revenue totaled $644.8 million during the quarter from $668.9 million last year, but still above estimates.

