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eCommerce

  • First CityTarget on East Coast is set to open

    Target Corp. is set to open its largest CityTarget store ever, and the first on the East Coast, at the end of July.

    The Boston Globe reports the store, near Fenway Park in Boston, is the largest of the eight CityTargets the Minneapolis-based retail giant has opened since 2012.

    CityTargets range in size from 80,000 square feet in Portland, Oregon to 125,000 square feet in downtown Chicago.

  • Pin it — and buy it

    San Francisco -- Pinterest on Tuesday officially started its foray into e-commerce.

    The social networking giant has started rolling out a “buy it” button on its pins on iPhone and iPad apps.  It also is launching new shop categories, including "Shop our picks," a curated selection of seasonal goods, and "Shop" for the latest buyable Pins.

  • Off-price category hot, but newcomers should watch out

    New York -- The off-price segment is on fire, but newcomers to the sector should watch out, warns a report by Moody’s Investors Service.

    The U.S. off-price apparel and home products segment continues to grow rapidly as consumers who developed a taste for cheaply priced luxury goods during the recession keep up their hunt for bargains, Moody's Investors Service said in a new report.

  • Trending Retailers

    Blue Apron. Dollar Shave Club. The RealReal. The Honest Company.

  • Interpersonal Relations

    Retailers use variety of technologies, channels for CRM success

    Customer relationship management (CRM) is the strategy a retailer uses to develop an ongoing, individual relationship with a customer to ensure satisfaction and loyalty. But the specifics of CRM can mean different things for different retailers.

  • Men’s Wearhouse Targets Millennials To Drive Growth

    The menswear market is hot. Men’s apparel sales in the United States rose 2% in 2014 to $61.3 billion, up from $60.8 billion in 2013.

    And Men’s Wearhouse — one of North America’s largest menswear specialty retailers with 1,758 stores — has been taking note.

    The retailer is capitalizing on the category’s growth via acquisition-fueled expansion, new designer collections and more customized products and service.

  • Tuesday Morning starts hunt for new CFO

    Dallas – Executive shuffling continues at off-price retailer Tuesday Morning Corp, which is now searching for a new CFO.

    The company announced that Jeffrey N. Boyer, executive VP, chief administrative officer and CFO, has resigned his position effective July 22. Boyer, 57, will assume the role of executive VP and CFO at Pier 1 Imports Inc. on July 27.

  • Amazon heads east with cloud computing

    Seattle – Amazon.com is heading east with its Amazon Web Services (AWS) hosted cloud computing platform – all the way to India.

    AWS will launch an “infrastructure region” in India in 2016, meaning customers there will have access to locally based hosted cloud services.

  • Boot Barn seeks to expand omnichannel reach with acquisition

    Irvine, Calif. – Boot Barn Holdings Inc. is looking to expand its ability to serve the needs of omnichannel customers with a new acquisition.

    The retailer has completed its previously announced purchase of Sheplers Inc. a western lifestyle company with 25 retail locations across the U.S. and a catalog and e-commerce business.

  • Payment service provider accepts digital currency

    New York - Computop, a payment service provider (PSP), and Bitnet, a bitcoin payments processor, are launching a strategic technology partnership that allows retailers to accept bitcoin as a payment method on Computop Paygate. Bitcoin is a decentralized digital currency that does not depend on any central authority such as a bank to process or validate transactions.

    Retailers will be funded by Bitnet in the local currency of their choice, with the standard transaction flow from Computop Paygate.

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