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  • Ann Inc. renews Alliance Data credit card services

    New York – Ann Inc. has signed a long-term renewal agreement with Alliance Data Systems Corp. to continue providing private label and co-branded credit card services. Alliance Data will continue to deliver marketing-driven private label and co-branded credit card programs that recognize and reward Ann Taylor and Loft card members.

    Ann Taylor and Loft brands are marketed in approximately 1,025 stores across the U.S., Canada, and Puerto Rico through its Ann Taylor, Loft, Ann Taylor Factory and Loft Outlet stores, as well as globally online.

  • First Data: March growth remains positive, but Easter shift takes toll

    Atlanta -- Dollar year-over-year volume growth during the month of March 2014 remained positive at 2.1%, but slipped from February’s growth of 2.4%, according to the First Data Corp. SpendTrend report. The report, which analyzes same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million U.S.

  • Report: Email remarketing boosts e-commerce conversions, revenues

    Boston – Email remarketing to online customers who visit e-commerce sites but do not make a purchase can significantly boost conversion and revenue rates for online retailers. According to a new report from the SeeWhy Conversion Academy analyzing 80 Demandware-based e-commerce sites, “The ROI of Email Remarketing for E-commerce and Brands,” on average, 97% of visitors to e-commerce sites don’t make a purchase.

  • Destination Maternity sales slip in Q2

    Philadelphia – Destination Maternity Corp. reported declining net and same-store sales for the second quarter of fiscal 2014, compared to the same period a year earlier. Net sales decreased 6.5% to $126.1 million from $134.9 million, while same-store sales dropped 5.1%.

    Destination Maternity said the decline in net sales resulted primarily from the decrease in comparable sales and decreased sales related to the company's continued efforts to close underperforming stores.

  • Bed, Bath & Beyond earnings fall during Q4

    Union, N.J. – Bed, Bath & Beyond met Wall Street expectations with falling net earnings during the fourth quarter of fiscal 2013. Compared to the same period a year earlier, net earnings dropped 11% to $333.3 million, from $373.87 million.

    Net sales fell 6% to $3.2 billion, from $3.4 billion. In one bright spot, same-store sales rose 1.7%. Bed, Bath & Beyond attributed some of its net earnings decline to disruptive weather in the fourth quarter.

  • Naples Soap Company selects Opterus

    Naples, Fla. - Naples Soap Company has chosen Opterus’ Store Ops Center as its communications and task management solution. Opterus’ Store Ops-Center is a cloud solution designed specifically for retail to manage and execute store tasks and communications.

    The solution measures and increases operational compliance, communicates corporate policy, manages day-to-day objectives and tasks, and handles issues between corporate office and store locations

  • Walmart to install LEDs in ceilings, cutting lighting energy use by 40%

    Bentonville, Ark. -- Walmart, a pioneer in the use of LED lighting in its freezer cases and parking lots, is now extending its use of LEDs to the sales floor. The retailer plans to install energy-efficient LED ceiling lighting from GE in its new supercenters in the United States, along with stores in Asia, Latin America, and the United Kingdom.

  • Rakuten.com launches rewards program

    New York -- Japanese online giant Rakuten has teamed up with First Bankcard to launch the Rakuten Rewards MasterCard Program, which provides cardholders with reward points for using their credit card to shop on Rakuten.com and elsewhere.

    Rakuten.com, formerly Buy.com, is Rakuten's U.S. marketplace, offering consumers more than 17 million products at everyday low prices from a network of small and large business shop owners.

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