eCommerce

HSN has become one of the first retailers with a fully functioning augmented reality app for tablets and mobile devices.   HSN has launched an augmented reality design app across two of its home and lifestyle brands in its Cornerstone portfolio: Frontgate and Ballard Designs. The technology, powered by augmented commerce provider Cimagine, allows users to virtually place desired objects in their own homes, and engage with more than 1000 home décor and furnishings.  

Retail sales fell more than expected in August after a strong June and a relatively flat July.   The National Retail Federation said that retail sales, excluding automobiles, gasoline stations and restaurants, were down 0.3% over July. On a year-over-year basis, however, NRF calculates that retail sales increased 4.1%.    The slowdown in August was broad-based and, notably, there was a drop-off in non-store sales, NRF noted. Clothing sales increased 0.7% in August, driven by back-to-school shopping.

Brick-and-mortar retailers such as Walmart and Best Buy are not only surviving online, but are thriving due to their sizable physical assets and digital investments.   That’s one of the main findings of a new report by Moody's Investors Service, which says that while Amazon keeps raising the stakes online and has a decade-plus advantage over other retailers in e-commerce, it still faces intense competition from the likes of Walmart and Best Buy, who are raising the bar online for other physical merchants.   

Ikea continues to break the mold when it comes to furniture retailing.   In a move that supports its transition from a traditional brick-and-mortar retailer to a multichannel player, Ikea recently opened the doors of its third “click-and-collect” location in England, in the city of Birmingham.   

Uncertainty among the upcoming presidential election is not dampening holiday sales outlooks.   Indeed, retailers need to be ready to present their holiday best as U.S.-based retail performance over the November through December holiday period is expected to see a 3.2% year-over-year (YoY) lift in sales. This jump is driven partly by a 14.9% increase in YoY sales through digital channels, according to new data from RetailNext.  

Amazon on Thursday announced that its Prime Now ultra-fast delivery service has added its first beauty store.    Prime members in Chicago can now order  beauty and personal care products from Merz Apothecary, a 100-years plus Chicago retail institution, and have the items delivered to their door in as little as one hour.  

Walmart Canada is extending its ban on accepting Visa credit cards.   The discounter said it will stop accepting Visa credit cards at all 16 of its stores in Canada’s Manitoba province starting on Oct. 24.   

The Talbots announced that Michael Weiss, longtime CEO of Express, has joined the Talbots board of directors, effective Sept. 1, 2012.     Weiss held various leadership roles at Express, most recently serving from 2007 to 2015 as chairman, president and CEO. He joined Limited Brands in 1981 as the merchandise manager for an eight-store experimental division that became Express.