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eCommerce

  • 13 not so lucky for Fairway Group Holdings

    NEW YORK — In its first quarter as a public company, Fairway Group Holdings Corp., the parent company of Fairway Market, reported tepid financial results for its fiscal 2014 first quarter ended June 30.

  • ShopperTrak: July 2013

    Total U.S. Shopper Traffic in Retail Stores and Malls for July 2013

    Shopper activity increased last month, as ShopperTrak anticipated. Retail foot traffic increased 5.2% in July compared to June 2013. This is in line with recently reported positive month-over-month retail trends. However, foot traffic for July 2013 dropped compared to the same month in 2012 — with a decrease of 2.3%.

  • 99 Cents Only goes from loss to gain in Q1 ‘14

    City of Commerce, Calif. -- 99 Cents Only Stores had a positive first quarter of fiscal 2014, swinging from a net loss to net income and also reporting gains in net and same-store sales. The retailer reported net income of $3.16 million, compared to a net loss of about $4.9 million a year earlier.

  • comScore: Desktop e-commerce spending up 16%

    Reston, Va. -- Desktop-based e-commerce sales totaled $49.8 billion in the U.S. during the second quarter of this year. According to a new report from comScore, this represents an almost 16% increase from about $43.1 billion in the second quarter of the previous year.

    This also marks the 15th consecutive quarter of positive year-over-year growth and 11th consecutive quarter of double-digit growth. Mobile commerce spending rose by $4.7 billion, or 24%, during the quarter. Other highlights of comScore’s data include:

  • Overstock.com's donations to WWP break $1M

    SALT LAKE CITY — Overstock.com's donations to Wounded Warrior Project now exceed $1 million.

    In keeping with the company's longstanding commitment to support members of the U.S. Armed Forces, Overstock.com has collected customer donations on behalf of WWP since November 2009.

  • Gap reports higher sales for Q2, July

    San Francisco -- Gap Inc. reported net sales of $3.87 billion for the second quarter of 2013, up 8% from $3.58 billion for the second quarter last year. Net sales for July of this year totaled $1.12 billion, close to 6% higher than $1.06 billion in July of the previous year.

  • Soft sales don't deter Advance Auto's expansion agenda

    Advance Auto Parts announced plans to open its 4,000th store on Friday, one day after reporting disappointing sales at its 3,999 locations.

    Total sales for the second quarter increased 6.1% to $1.55 billion due largely to the addition of 175 new locations. However, same store sales declined 0.3% on top of a prior year decline of 2.7%.

  • A foul mass market smell at Elizabeth Arden

    Global fragrance leader Elizabeth Arden cited curtailed orders at a mass market customer as a factor in its weaker-than-expected full year financial results, and the finger was quickly pointed at Walmart.

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