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eCommerce

  • Canada's Aldo Group in deal to create new footwear giant

    Another retail sector continues to consolidate.   The Aldo Group Inc. said it will acquire the footwear and accessories businesses of the Camuto Group. Both companies are family owned. The news comes just over a week after Michael Kors announced it was buying Jimmy Choo.   

  • Tough going for three specialty retailers

    L Brands, The Cato Corp., and The Buckle reported decreases in same-store sales, although one still managed to sound an upbeat note about its second quarter.   

  • Fast-fashion giant trying on vending machines

    Uniqlo will be popping up at airports and malls across the nation — but not through retail storefronts.   Putting a new spin on the term “fast fashion,” the Japanese retailer is launching 6-ft.-high vending machines that will enable customers to purchase T-shirts and lightweight down jackets, the Wall Street Journal reported. Merchandise is packaged in boxes and cans.  

  • Amazon Opens Old Wounds for Retailers (Again)

    Before we completely move on from last month’s Amazon Prime Day, it’s important to understand why retail brands once again braced themselves to lose customers and online sales when they had a whole year to do things differently.   

  • Specialty retailer strikes upbeat note

    Party City topped earnings estimates for its second quarter and said it is on track to deliver its full year total revenue and earnings guidance.    The party supplies retailer and wholesaler reported net income of $25.0 million in the quarter, compared to $22.5 million in the year-ago period. Earnings, adjusted for non-recurring costs, came to 28 cents per share, topping Wall Street expectations  

  • Report: Walmart well positioned for grocery battles

    The arrival of German discount grocer Lidl and Amazon's purchase of Whole Foods Markets have ratcheted up the already intense grocery wars and put new pressure on existing players, including Walmart. But one analyst thinks the discounter is well-positioned for the battle.  

  • What do customers want from virtual shopping?

    Virtual reality shopping is here and consumers — or at least the ones that are tech-savvy — are ready to use it.   Seventy to eighty percent of "early tech adopter" consumers are eager to use virtual commerce technology to design rooms, customize products and shops with friends from across the globe, according to a study from L.E.K. Consulting.   

  • More California Walmart stores add curbside grocery pickup

    Walmart’s grocery pickup service is available to even more shoppers in the Golden State.   The discounter introduced grocery pickup in 26 stores across Inland Empire, Los Angeles and San Diego, bringing the total number of stores statewide offering the service to 36 locations, according to The Orange County Register. Each store will designate parking stalls for shoppers to retrieve their groceries.    
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