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eCommerce

  • Report: TJX Cos. among U.S. retailers to be impacted the most by Brexit vote

    The recent vote by the United Kingdom to leave the European Union will have the biggest retail impact on companies that have high U.K. exposure, including U.S. off-price giant TJX Cos., MarketWatch reported.    Swedish fast-fashion giant H&M is also among the retailers to be most impacted. The United Kingdom is the company’s third largest market, behind Germany and the United States. 
  • Survey: How to compete against Amazon for holiday sales

    Although Amazon poses a major holiday sales threat, there are steps retailers can take to produce a merry season.   According to a new survey of 1,500 U.S. consumers by marketing platform provider Signal, 42% of respondents said Amazon will be their primary holiday gift destination. Consumers who use Amazon do so because it is easy (50%), because they are Prime members (36%), and because they like the product reviews and recommendations (29%).  
  • Specialty wine retailer applies data to new channel

    Wine Riot, an online resource and event creator for wine aficionados, is entering the brick-and-mortar space with some analytical assistance.   Created by Second Glass, a Boston-based wine event provider, Wine Riot provides online data about wine and also serves as a digital platform supporting in-person wine tasting events and exhibitions. As the company prepares to open its first physical store in Boston, it is deploying the RetailNext analytics solution.  
  • Barnes & Noble Education loss grows in Q4; plans new stores

    Restructuring costs helped increase fourth quarter net loss at Barnes & Noble Education Inc. to $2.8 million from $300,000 in the fourth quarter of fiscal 2015.   Not all the fourth quarter fiscal news was negative, however. Total sales rose 8% to $294.8 million from $274 million, aided by a 4.5% increase in same-store sales.  
  • Amazon brings more products to customer fingertips

    Amazon.com is continuing to expand its assortment of Dash buttons.  
  • Q&A with It’Sugar’s Jeff Rubin: The King of Sweets

    Photo: Jeff Rubin, Founder, CEO, It’Sugar (Credit: Patrick Gray, Kabik Photo Group)   Jeff Rubin, founder and CEO of It’Sugar, has always had a sweet tooth — and a passion for retail. His father owned a chain of toy stores in the Midwest. After leaving the toy business, he went on to open a chain of bulk candy stores.  
  • Shopping centers are the calm in a global financial storm, analyst says

    The demise of the American mall is greatly exaggerated, held Sandler O’Neill analyst Alexander Goldfarb during a discussion of Brexit on CNBC.   “Dead mall stories are great, but when it comes time to drive earnings cash flow in stocks, that’s where those big powerhouse malls show through,” Goldfarb said. “For the global investor looking for safety and security, [it’s] U.S. real estate.”  
  • ‘One-for-one’ brand to open at nation’s largest mall

    Toms Shoes is expanding its fledgling store portfolio, and will open a location at Mall of America, Bloomington, Minnesota, in time for holiday shoppers.   Founded in 2006, Toms matches every shoe purchase with a donation to a child in need, and gives glasses, medical treatment and/or sight-saving surgery with each purchase of eyewear.  
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