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eCommerce

  • Robert Redford’s Sundance Catalog to open two stores in 2015, five in 2016

    Salt Lake City -- Sundance Catalog is gearing up for retail expansion, with plans to open two locations in 2015: one in Edina Galleria in Edina, Minnesota, in September, and a second store in Dallas’ NorthPark Center in November. Up to five additional stores are planned for 2016.

  • Smart & Final Stores posts Q1 profit; 16 new stores on tap

    Commerce, Calif. -- Smart & Final Stores Inc. reported earnings of $4.9 million in its first quarter, compared with a profit of $2.5 million last year. Revenue for the period ended March 22 rose 11.9% to $822.2 million. Same-store sales climbed 6.1%.

    "The year is off to a strong start, with Smart & Final Stores delivering against our business plans and financial objectives," said Dave Hirz, president and CEO.

  • Office Depot meets Q1 profit forecasts, misses on sales

    Boca Raton, Fla. -- Office Depot Inc. on Tuesday reported a first-quarter net profit of $45 million, compared with a loss of $109 million in the year-ago period. Its results met analysts’ expectations.

    The office supply retailer said excluding non-recurring items, including costs associated with the planned acquisition of Office Depot by Staples Inc. adjusted earnings per share were 13 cents, matching the FactSet consensus.

  • Build-A-Bear Workshop posts mixed Q1; opening store in Empire State Building

    St. Louis -- Build-A-Bear Workshop said its total revenue fell 5% in the first quarter amid harsh winter weather between Valentine’s Day and Easter in North America.  

    The chain’s profit for the quarter, ended March 29, totaled a better-than-expected $8.3 million, compared with from $5.1 million in the year-ago period.

    Total revenues were $93.4 million, less than expected, compared to $97.9 million in year-ago period. Revenue was also negatively impacted by fiscal 2014 having a 53rd week, the company said.

  • Office Depot, Sears and Groupon sign on with Boomerang Commerce

    Sunnyvale, Calif. -- Boomerang Commerce, a provider of omnichannel pricing technology, announced that Office Depot, Sears, and Groupon have deployed Boomerang’s Price Perception Index and rapid pricing testing platform.

    Boomerang enables revenue growth and protects margins by rapidly analyzing, testing and deploying smart pricing, inventory and assortment strategies.

    In addition, Boomerang unveiled two executive hires to help scale the team and the company’s global sales and marketing efforts.

  • Billabong taps NetSuite to power omnichannel strategy

    New York -- NetSuite Inc., a provider of cloud-based financials, ERP and and omnichannel software suites, said that boardsports retailer Billabong International Ltd. selected NetSuite SuiteCommerce to help transform customer interaction with its brands through the implementation of a new global omnichannel platform.

    The platform will be progressively rolled out across the retailer to provide a true omnichannel experience across its wholesale, retail and ecommerce operations.

  • Study assesses mobile, wearable tech impact on retail

    New York -- Thirty percent of consumers either own or plan to buy a wearable device in the next 12 months, and 34% of those consumers want wearable technology to make their lives easier – and that includes shopping. Those are among the findings of a new study by PowerReviews, a ratings and reviews provider.

  • Children’s Place selects Quantum Analytics for Size and Pack

    Minneapolis -- Quantum Retail Technology, a provider of merchandise optimization and inventory solutions for retail, announced that The Children's Place has selected Quantum's Q Analytics for Size and Pack Optimization. The solution joins The Children's Place's implementation of Quantum's Q for Allocation and Replenishment, due to go live this year, and their planned implementation of Quantum's Q for Order Planning.

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