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eCommerce

  • Dick’s Sporting Goods acquires team business tech firm

    Back in January, Dick’s Sporting Goods launched Team Sports HQ in an effort to capture the nation’s lucrative youth sports league business. Today the company announced the purchase of the tech to get it there.  

  • Wal-Mart roars in Q2; raises forecast

    Wal-Mart Stores surprised the industry on Thursday with better-than-expected profit and revenue for the second quarter. The chain raised its full-year outlook in the wake of its strong performance.    The retailing giant reported that its net income rose 8.6% to $3.8 billion in the quarter ended, up from $3.5 billion in the year-ago period.    Total revenue rose 0.5% to $120.85 billion in the quarter, slightly above analysts' projection.   

  • Two off-price retailers set to open at Butler’s Gainesville complex

    Payless ShoeSource and Marshalls will be opening their doors in the coming week in the Butler North power center of Butler Enterprises’ 267-acre retail park in Gainesville, Florida. Walmart Supercenter, Sam’s Club, Lowe’s, and Dick’s Sporting Goods made their debuts there earlier this year.   

  • How to Reap the Benefits of Global E-Commerce this Holiday Season

  • Cole Haan, One World Trade Center, Manhattan

    Cole Haan has opened a global flagship at the just-opened Westfield World Trade Center in lower Manhattan. And the retailer is making it easy for shoppers to get there by linking up with Uber.  

  • Apple makes it 10 in New York City

    Apple has opened its 10th store in New York City, inside the shopping area at the new World Trade Center Transportation hub in lower Manhattan.   The store draws inspiration from the surrounding structure, which was designed by Santiago Calatrava, to create a seamless space. The interior design is fairly standard for Apple, with the exception of a huge video wall and seating area.   

  • Department store retailer narrows loss

    The Bon-Ton Stores reduced its loss in the second quarter amid fewer markdowns and inventory controls, but sales fell as mall traffic remained soft.   The retailer posted a loss of $38.7 million in the quarter ended July 30, compared with a net loss of $39.6 million in the year-ago period.   Total sales fell 2.4% to $542.4 million, compared with $555.4 million last year. Same-store sales were down 2.0%.  

  • Post-online jobs report: 1.2 million fewer retail workers

    If online retail didn’t exist, 1.2 million more people would be working in the retail industry.   Online productivity is that much higher, according to J.P. Morgan Chief U.S. Economist Michael Feroli. He told MarketWatch that revenue per online employee is four times greater than the brick-and-mortar variety: $1,267,000 to $279,000.
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