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Retail

  • Lululemon proves yogawear trend is still hot

    Things are looking up for yogawear retailer Lululemon Athletica Inc., which reported a large increase in revenue from online sales in the first quarter.

  • Christopher & Banks swings to Q1 loss; will open 15 stores

    Minneapolis – Christopher & Banks Corp. swung to a net loss of $1.4 million in the first quarter of fiscal 2015, compared to net income of $2.6 million the same quarter a year earlier. Total costs and expenses exceed net sales of $91.62 million, which was an 11 % drop from $103.37 million, while same-store sales dropped 11.7%.

    During the second quarter of fiscal 2015, Christopher & Banks expects to open one new Missy, Petite, Women (MPW) and 14 new outlet stores, and also close one CB store and convert seven others to MPW stores.

  • Walgreens launches Apple Watch health app, plans Apple Pay integration

    Deerfield, Ill. — Walgreens on Monday officially launched its app for Apple Watch that helps keep patients adherent to their medication regimens. The Walgreens App for Apple Watch is designed to help patients manage their medications, whether it is a simple, once-daily reminder or multiple complex drug regimens.   
  • Amazon.com to build 4th fulfillment center in Texas

    Amazon.com is going big in Texas with the announcement of the construction of yet another fulfillment center in Dallas. 

    The new 500,000 square-foot facility, which is currently under construction, will be located at the northeast corner of Interstate 45 and Interstate 20 in Dallas and will bring about 500 new jobs to the area when the facility opens early in 2016.

    Employees at the Dallas fulfillment center will process smaller items, such as books, electronics and consumer goods, Amazon said Tuesday.

  • Facebook expands Place Tips, adds free beacons

    Menlo Park, Calif. – Facebook is expanding the availability of its Place Tips in-store mobile promotion service, and also expanding Place Tips’ reach with free Bluetooth Low Energy beacons. Facebook initially launched a trial of Place Tips in January 2015 and is now rolling it out nationwide.

  • Study: Millennials seek automatic digital coupon redemption

    Boston – Millennials as a generation are known for wanting instant gratification, and that desire extends to digital coupons. According to a new commissioned study conducted by Forrester Consulting on behalf of Linkable Networks, CPG retailers and brands must adopt digital coupon redemption experiences that are automatic to reach millennial shoppers.

  • Christopher & Banks plagued by weather, port dispute

    The West Coast port dispute and traffic declines due to weather led to a big loss for Christopher & Banks Corp. in the first quarter.

  • Kohl’s seamlessly engages customers with enhanced app

    Menomonee Falls, Wis. – Kohl’s “Greatness” Agenda is not named lightly. The enterprise-spanning strategy is designed to make the company America’s most engaging retailer by providing a convenient customer experience across all channels. Considering the ever-growing importance of the mobile channel as an omnichannel engagement tool, it is not surprising that Kohl’s is focusing on its mobile app as a key enabler of greatness.

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