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eCommerce

  • Retail sales flat in May

    Cautious consumers kept spending in check in May.     Retail sales in May were essentially unchanged on a seasonally adjusted basis after an upwardly revised gain of 0.6% in April, according to the National Retail Federation. The NRF numbers exclude automobiles, gasoline stations and restaurants.   In May, sales were 5.3% above the year-ago level on an unadjusted basis and increased four percent on a 3-month moving average year-over-year.   

  • U.K. sporting goods chain acquires two U.S. retailers

    Sports Direct, the largest sporting goods retailer in the United Kingdom, has expanded its presence in the United States.   The company announced that it has completed its acquisition of Bob's Stores and Eastern Mountain Sports. It will initially operate a total of some 50 stores in the Northeast and five EMS outdoor adventure schools, along with e-commerce sites for both brands.   

  • Regional grocer offers delivery

    Wegmans Food Markets is jumping into the on-demand delivery game.   Through a new partnership with Instacart, the regional grocer now offers one-hour grocery deliveries. The service is currently available in select locations in Virginia, however, the supermarket chain is preparing to launch the program in Maryland, Boston, Southern New Jersey, and Southeastern Pennsylvania, according to Wegmans.  

  • Tough quarter for Toys "R" Us

    The nation's largest toy store retailer saw its sales decline and net loss widen in a rough first quarter. For the quarter ended April 29, Toys "R" Us reported a net loss of $164 million. That's up from net loss of $126 million in the year-ago period.

  • Amazon in new rewards program for Prime

    Amazon is giving shoppers another reason to sign up for Prime—and a reason not to use credit cards.   The online giant is launching a new program, called Amazon Prime Reload, that allows Prime members to earn 2% bonus every time they reload their Amazon gift card balance with cash from their checking account and debit card. The bonus is given in the form of rewards that can be used to make purchases on Amazon.   

  • Luxury department store retailer shelves sale

    Neiman Marcus Group is going it alone — at least, for now.

  • jet.com’s strategic move takes aim at Costco

    Walmart’s e-commerce arm is shaking up its private label offerings.   Jet.com will increasingly phase out its assortment of Kirkland Signature branded merchandise — Costco’s private label brand. The move is said to help augment efforts among Walmart’s Sam’s Club chain, which is focused on boosting sales among its own store brand, Member’s Mark, according to Bloomberg.

  • Online retailers fight state sales tax directive

    Out-of-state Web-based retailers are taking a stand against paying sales tax in the state of Massachusetts.   According to a directive from the Department of Revenue, any online retailer vendor headquartered outside of the state is required to register, collect and remit sales tax. In Massachusetts, this is 6.25%. The directive applies to companies that sold more than $500,000 annually in the state and made sales for in-state delivery in 100 or more transactions.  
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