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J.C. Penney launches online sports store
J.C. Penney is launching a new online sports store that will be powered by Fanatics, an online retailer of officially licensed sports merchandise.
Fanatics operates an e-commerce platform for hundreds of collegiate and professional sports teams, leagues and media sites. Now, it will provide sports fans with a selection of team apparel and merchandise at JCPenney.com, offering more than 300,000 licensed products spanning all the major sports leagues.
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eMarketer: Back-to-school drives $50 billion in summer e-commerce sales
New York – Shoppers spent $50.17 billion online during the 2014 back-to-school shopping season, which represents a 16% gain from $43.26 billion in the year-ago period, according to eMarketer. Online commerce during the months of July and August — the main months for back-to-school shopping — accounted for approximately one-sixth of retail ecommerce sales for the year, according to eMarketer estimates, as well as 70.5% of retail ecommerce sales in third quarter 2014.