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eCommerce

  • Macy’s in real estate pact with Brookfield; sells SF men’s store

    Macy’s has signed an agreement that could lead to more downsizing of its valuable real estate portfolio. It also has entered into deals to sell one of its stores in San Francisco, and one in Portland, Oregon.   

  • Report: Election will impact online commerce

    The unexpected election of Donald Trump as president has serious implications for the retail supply chain, which could especially effect online commerce,    

  • Wayfair expands virtual reality app portfolio

    Wayfair is so bullish on virtual reality that it launched its second app — a solution designed to guide shoppers through virtual showrooms.   Available on Daydream, Google’s mobile VR platform, Wayfair’s IdeaSpace app enables consumers to explore a variety of uniquely designed spaces, and shop their favorite finds in an interactive setting. IdeaSpace was built by Wayfair Next, the company’s internal research and development team, using Google’s virtual reality technology.   

  • Online fashion retailer files Chapter 11

    Competition is fierce in the apparel business — even for online players with a devoted following.   Los Angeles-based women’s apparel retailer Nasty Gal has filed for Chapter 11 bankruptcy protection.      

  • Macy’s Q3 profit misses, but retailer sees improving trends

    Macy’s third quarter profit fell short of analysts’ expectations, but the retailer raised its annual sales outlook based on improving trends in its business.    The retailer also announced an agreement with Brookfield Asset Management to monetize the value of its massive real estate portfolio.   

  • With FedEx’s help, Newegg expands it online order pick-up game

    To compete with Amazon’s pickup points and lockers, Newegg now offers order pickup service across more than 2,500 locations.   While most online shoppers ship items to their homes, a growing number of people prefer the security and convenience of retrieving their packages at a store or retail location. Through a partnership with FedEx, Newegg shoppers can now order and pick-up packages at more than 2,500 FedEx locations throughout the United States, including 1,800 FedEx Office retail stores.   

  • Deloitte: Consumers expect more from 'fast shipping'

    As Amazon continues to up the ante on convenient, fast shipping options, shoppers expect their favorite brands to follow suit.   Specifically, 42% of shoppers surveyed consider three- or four-day shipping "fast" – a significant drop from the 63% who said so last year. Instead, the majority (83%) of shoppers consider fast shipping to mean delivery within two days or less, according to the “2016 Deloitte Holiday Study,” a report based on responses from 5,038 consumers in the United States.  

  • NRF: How election results will impact these critical retail issues

    The results of yesterday's elections will affect a number of issues facing retailers, including infrastructure, tax reform, trade, immigration, labor and health care.       Craig Shearman, National Retail Federation (which does not endorse presidential candidates) looks at how President-elect Donald Trump and a Republican-controlled Congress could impact the industry.  
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