eCommerce

Canton, Mass. - In honor of the birth of the royal baby, Dunkin' Donuts is running a special Twitter sweepstakes for the chance to win a trip for two to London. From May 4-5, Dunkin' Donuts is asking its Twitter followers to share who in their life deserves to be treated like royalty.

Milwaukee – A lot of pure-play e-commerce retailers have interesting origin stories. According to (dubious) legend, eBay started as a way to buy and sell collectible Pez candy dispensers. Aftcra, an online marketplace for American handmade products, has a verifiable tale of its roots fitting its all-American product selection.

New York – American Express is launching a new loyalty program called Plenti. The program lets consumers use loyalty points accrued at one participating retailer and use them at another.

Initial participating organizations include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise Rent-A-Car and Hulu. The program is expected to include more brands in additional categories over time.

New York -- Hibbett Sports’ expansion plan hit an important milestone in Sealey, Texas this month, with the opening of its 1,000th store location.

Menlo Park, Calif. -- Former J.C. Penney CEO and Apple Store guru Ron Johnson on Wednesday launched a high-end, high-tech gadget shopping site that comes with a personal touch. Called Enjoy, and initially available only in the San Francisco Bay area and, on May 13 in New York City, the new service bills itself as a “personal service platform.” It allows shoppers to buy select consumer electronics online and then, for no charge, sends an expert to install and set up the product at the consumer’s home.

Woonsocket, R.I. - CVS Health showed vitality in the first quarter of fiscal 2015. The retailer beat expectations in areas such as earnings per share (EPS) and pharmacy benefit management (PBM) operating profit.
 

New York – Specialty eyewear Warby Parker has reportedly received $100 million in financing the company plans to use to build new brick-and-mortar stores. According to the Wall Street Journal, the round of financing, led by T. Rowe Price, values Warby Parker at $1.2 billion.

Secaucus, N.J. – Three days after an activist investor group filed a presentation with the Securities and Exchange Commission (SEC) urging the election of new board members and claiming poor performance, The Children's Place Inc. has its own investor presentation with the SEC.

The presentation endorses the re-election of three board candidates at the May 22 annual meeting: Norman Matthews (chairman of the board), Kenneth Reiss (chair of the audit committee) and Stanley W. Reynolds (member of the audit committee).