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eCommerce

  • Office Depot plans transfer to Nasdaq

    Boca Raton, Fla. – Office Depot Inc. will transfer the listing of its common stock from the New York Stock Exchange to the Nasdaq Global Select Market. The company expects its common stock to cease trading on the NYSE effective at the close of business on Sept. 25, and to commence trading on Nasdaq on Sept. 26, when the market opens.

    The company will retain its current ticker symbol “ODP” when trading begins on Nasdaq.

  • DSW announces four new stores

    Columbus, Ohio – DSW Inc. plans to open four new stores on Sept. 18. The new stores will be located at the Pinnacle Promenade in Rogers, Arkansas, Ingram Festival in Ingram, Texas, Waugh Chapel Town Center in Crofton, Maryland, and Evansville Pavilion in Evansville, Indiana.

    Stores offer the DSW Rewards loyalty program, and customers can also participate in the Shoe Lovers program on Facebook, Twitter and Instagram.

     

  • Saks boosts HBC Q2 performance; eight stores planned

    Toronto – So far, the November 2013 purchase of Saks Fifth Avenue by Hudson’s Bay Company (HBC) is paying dividends. HBC reported strong results during the second quarter of fiscal 2014, including a shrinking of its net loss from $81 million in the second quarter of the prior fiscal year to $36 million.

    Primarily due to the addition of Saks revenue, total sales climbed 87% to $1.77 billion from $948 million. Consolidated same-store sales grew 1.9%. Digital sales were $162 million, including $116 million from Saks.

  • EBay partners with FICO on new marketing platform

    San Jose, Calif. – EBay Inc. is releasing the EBay Enterprise Commerce Marketing Platform, a new omnichannel engagement suite that will enable marketers to drive and optimize one-to-one commerce at scale. Designed and built from the ground up, in strategic partnership with FICO, a predictive analytics and decision management software company, the platform combines the commerce insights, demand generation delivery technologies and intellectual property of EBay Enterprise with FICO’s analytics technologies and products.

  • Neiman Marcus Group to acquire German online retailer, flagship store

    Dallas -- Neiman Marcus Group has signed an agreement to acquire the German luxury fashion e-commerce site  Mytheresa.com and Theresa, its flagship Munich store from Christoph and Susanne Botschen and Acton Capital Partners. The transaction is expected to close later this year.

  • Survey: Consumers increasing online shopping

    New York - While the majority of consumers prefer to both shop and spend their money in brick-and-mortar retail stores, more than 60% are increasing their online shopping activities, according to a survey of 1,515 consumers by digital marketing firm SmartFocus. This trend is most prevalent among women (71%) and Millennials.

  • ChannelAdvisor enhances EBay, social management features

    Research Triangle Park, N.C. – ChannelAdvisor Corp., a provider of cloud-based e-commerce solutions, has launched its 2014 Autumn Release, with new features and advancements added to the company’s platform. The 2014 Autumn Release offers enhanced EBay management with QuickStart and Custom options, new support for social sites Polyvore, Wanelo and mobile search engine Yahoo Gemini, as well as expanded global capabilities through support for marketplaces such as MeinPaket, Rakuten.de and Zalando.

  • Urban Outfitters issues apology for controversial Kent State sweatshirt

    New York -- Urban Outfitters on Monday apologized via its Twitter account after it came under fire for selling a “vintage” Kent State University sweatshirt featuring red dye markings that resembled blood stains, a look that called to mind the infamous  shooting that occurred on the Kent State campus in 1970.

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