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Retail

  • Survey: e-commerce growth up 18% in first quarter

    New York — Online traffic rose 18% in the first quarter, according to Demandware's latest  Shopping Index. The study also reveals that the duration of mobile shopping visits decreased 43% in the first quarter, down to 8.4 minutes. Overall shopping episodes were also down 31% to 8.9 minutes.  

  • Aldi to enter California market in 2016 with 25 stores

    Batavia, Ill. — Discount grocery powerhouse Aldi announced plans enter the nation’s most populous state, opening approximately 25 stores in Southern California by July 2016.      The chain’s expansion to California is an integral part of a five-year strategic plan to open 650 new stores across the nation. By the end of 2018, Aldi expects to operate nearly 2,000 stores.   

  • JDA to launch cloud-based solutions on Google Cloud Platform

    Scottsdale, Ariz. – JDA Software Group will release its next generation of cloud-based omnichannel and supply chain solutions on the public Google Cloud Platform. Through this collaboration, Google will provide a scalable and flexible technology platform via the cloud to support JDA’s future application development and delivery.   

  • Restoration Hardware builds more momentum

    Restoration Hardware earnings surged in the first quarter on strong sales, giving a boost to the company as it embarks on expanding its business with new stores with larger showrooms.

    For the first quarter ended May 2, Restoration Hardware reported a profit of $7.2 million, or 17 cents a share, up from $1.8 million, or four cents a share, a year earlier. Excluding tax impacts, a prior-year litigation claim and other items, per-share earnings rose to 23 cents from 18 cents. Revenue increased 15% to $422.4 million.

  • Michaels, Gymboree team up on Instagram promotion

    Irving, Texas – The Michaels Companies Inc. is teaming up with The Gymboree Corp, on a summer Instagram promotion. Customers who share on Instagram how their family is crafting in style using the hashtag #CraftingInStyleSweeps and follow both Michales and Gymboree on Instagram will be entered to win a $100 gift card to both retailers.

    Three winners will be chosen at random each week.

  • Batteries Plus Bulbs teams with Ingenico on EMV

    Batteries Plus Bulbs is upgrading its payment terminals and software to prepare for the EMV liability shift at its 650 U.S. locations.

    The retailer says it has chosen the Ingenico Group's solution, which enables Batteries Plus Bulbs stores to securely accept magstripe debit and credit payment cards, and positions the stores to accept virtually any form of payment including EMV chip & sign, EMV chip & pin, contactless/NFC and other types of mobile wallets in the future.

  • Hudson’s Bay swings to Q1 loss, will open 12-15 stores in 2015

    Toronto, Canada – Hudson’s Bay Co. Inc. (HBC) swung a net loss of $54 million in the first quarter of fiscal 2015 from net earnings of $176 million in the year-ago period amid higher selling, general and administrative (SG&A) expenses even as as sales showed strong improvement.  

  • Kohl's names CMO, makes other exec moves

    Kohl’s Corp. has appointed an ex-Starbucks executive as its next chief merchandising and customer officer.

    The retailer announced that Michelle Gass has been appointed to the newly created principal officer position of CMCO. In this new capacity, Gass has assumed oversight of all of Kohl's merchandising, planning and allocation, and product development functions. She will continue to report to Kevin Mansell, Kohl’s chairman, chief executive officer and president.

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