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eCommerce

  • Focus on New York market helps boost Ahold USA Q1 sales by 4%

    Ahold USA first quarter sales were up 4% to $8.2 billion. Excluding gas, sales increased 4.1% at constant exchange rates. The addition of 25 A&P stores in the New York Metro market in fourth quarter 2015 was the main contributor to the overall sales growth and resulted in an overall market share improvement in both dollars and volume, Ahold reported.

  • Fred’s posts 8% total sales lift in Q1, 1% comps increase

    Fred’s on Thursday reported its earnings for the first quarter ended April 30, posting an 8% increase in total sales and a net income of $1.3 million. The company saw comparable store sales increase 1% for the first quarter, which is slightly better than the 0.8% increase in comps it posted in Q1 2015. 

  • Survey: A good fit makes all the difference

    Incorrect fit is costing retailers billions of dollars — literally.
       
    In 2015, $62.4 billion worth of global apparel and footwear purchases were returned due to incorrect sizing, according to a survey by digital body analysis technology provider Body Labs.

    The survey found that that 23% of all clothing gets returned, with 64% of respondents claiming “incorrect fit” as the major reason for the return. And 77% of respondents who prefer shopping online stated that poor fit is the biggest reason for returning clothing.

  • The award for best online customer service goes to…

    When it comes to providing online customer service, Land’s End is the one to beat.

    StellaService, an independent company that measures the customer service performance of online businesses, recognized Lands' End with the 2016 StellaService Elite Award for exceptional customer service.

    StellaService cited Lands' End for excelling in phone, chat and email, with a phone response time of less than 45 seconds.

  • JLL: Retail driving construction growth

    First, the good news: A strong retail sector is helping to drive 2016 U.S. construction activity, with retail construction projects up 24.4% year-over-year.

    That’s according to JLL’s latest report on non-residential U.S. construction activity. On the less positive side, the report noted there is a cloud of economic uncertainty, which has companies laser-focused on lean budgeting and smart spending decisions.

  • Focus on New York market boosts Ahold USA Q1 sales

    Ahold USA first quarter sales were up 4% to $8.2 billion. Excluding gas, sales increased 4.1% at constant exchange rates. The addition of 25 A&P stores in the New York Metro market in fourth quarter 2015 was the main contributor to the overall sales growth and resulted in an overall market share improvement in both dollars and volume, Ahold reported.

  • Ascena Retail sales disappoint; cuts guidance

    A cold spring helped dampen sales and earnings at one of the nation’s leading apparel companies.
     
    Ascena Retail, whose brands include Ann Taylor, Loft, Lane Bryant, Catherines, Justice and Dressbarn, reported profit of $15 million in the third quarter, ended April 23, down from $24 million in the year-ago period.
     

  • Simplification Can Help Retailers Adapt to the Mobile Movement

    The story of the “mobile first” generation isn’t a new one. Retailers have been told for years that mobile should be at the forefront of business strategy in order to meet consumers’ evolving expectations.
     
    Yet, there appears be a disconnect between existing mobile experiences and consumer sentiment.
     

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