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eCommerce

  • Abercrombie & Fitch expanding global footprint through wholesale deal

    Shoppers in select foreign markets have a new way to purchase goods from Abercrombie & Fitch.   The retailer on Wednesday announced a wholesale agreement with Zalando SE, a Germany-based online retailer that carries more than 150,000 styles from some 1,500 brands for women, men and kids and counts more than 18 million active customers. Beginning this week, Zalando will start selling Abercrombie & Fitch, Hollister and abercrombie kids products through its online stores in the 15 European markets it serves.   

  • Aeropostale creditor argues for liquidation

    The battle between bankrupt Aeropostale Inc. and Sycamore Partners has grown more heated.     Aeropostale and its junior creditors have come together in an effort to save the chain, but Sycamore isn’t having any part of it. The private equity firm has filed an objection that opposes the retailer’s second amended joint plan of reorganization. Sycamore believes that liquidation is the best option.  

  • Perfumania names new COO

    Perfumania Holdings announced the appointment of Neal Montany as COO of the company, effective Aug. 29.   Montany will oversee the fragrance and beauty retailer’s operations, including IT, manufacturing, warehousing and facilities, logistics, loss prevention, purchasing and human resources.    

  • Tech Guest Viewpoint: Pokémon and iBeacons: The new, friendly monsters of location intelligence

    Whether you’re an eye-roller or an enthusiastic participant, Pokémon Go is a game that’s difficult to ignore. It does have a lot going for it: nostalgic yet advanced, simple but strategic, and although played on phones, the game incorporates the user’s surroundings to an extent we haven’t really seen before. The “Go” sets the game apart from all others that have come before, Pokémon or not: you simply can’t catch Pokémon while sitting still.   

  • Home goods retailer misses in Q2

    Kirkland’s reported a second-quarter loss that was larger than expected as it lowered its outlook for the year.   The home goods retailer lost $3.6 million in the quarter ended July 30, compared with a loss of $2.3 million in the year-ago period.   Net sales for the quarter increased 6.7% to $123.0 million. Same-store sales, including e-commerce sales, decreased 4.3%.  

  • Kantar Retail makes holiday sales prediction

    Retailers can expect a slight rise in holiday sales this year compared to last — fueled largely by the online channel.   That’s according to Kantar Retail, which released the industry’s first 2016 holiday sales forecast. It projects growth of 3.8% for the fourth quarter, a slight increase over the 3.4% growth in the year-ago period.     

  • Williams-Sonoma not feeling too bullish

    Williams-Sonoma Inc. reported mixed results for the second quarter, and issued a weak outlook for the current quarter amid "a more cautious consumer.”   The retailer reported net earnings of $51.8 million for the quarter ended July 31, compared with $53.7 million in the year-ago period.   Net revenues increased 2.1% to $1.16 billion, short of expectations, up from $1.13 billion last year.   

  • Walmart and Jet.com: The future of clicks and mortar

    On Aug. 8, Walmart announced it would buy Jet.com -- one of the fastest growing e-commerce companies in the U.S. -- for a whopping $3 billion.   
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