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eCommerce

  • Wine merchant acquires taste for physical stores

    The formerly online only retailer The Wine Cellar Group isn’t afraid of competition. The company is pursuing its brick and mortar ambitions with a new store in the backyard of Amazon.com and Costco, the nation’s largest seller of wine.
     
    Born online in 1990, The Wine Cellar Group opened its first store in 2012 and has since grown to nine locations. Its newest store will be a Wine Cellar Outlet and is set to open later this year in the Heritage Square shopping center in the Seattle suburb of Issaquah, Costco’s hometown.
     

  • Online specialty retailer adds C-level IT exec

    ModCloth, a San Francisco-based e-commerce retailer focused on vintage and independent apparel styles, has named Nicholas Genest as CTO.
     
    Genest joins ModCloth with more than 15 years' experience across consumer, tech and online retail industries. He most recently served as the CTO for the online luxury consignment retailer The RealReal, where he strategically led the development of their mobile, web and data technologies since 2013.

  • Steelpointe Harbor hits stride

    In Bridgeport, Connecticut, one of the most ambitious and unique waterfront developments in the nation continues to take shape.
     

  • Wayfair names new infrastructure head

    Wayfair Inc. has appointed Chad Ghosn VP of IT infrastructure and security.

    Ghosn will oversee a large engineering team that is responsible for scaling Wayfair’s infrastructure system to meet customer demands and company needs. Before joining the online home furnishings retailer, Ghosn led the infrastructure team at Expedia Inc.

    Prior to his role at Expedia, Ghosn spent more than a decade in various infrastructure leadership positions at Dell Inc. Previously, he led network operations for Kaiser Permanente.

  • Supervalu lays financial groundwork for Save-A-Lot spinoff

    Grocery giant Supervalu Inc. is one step closer to separating its troubled Save-A-Lot banner.
     
    Supevalu, which initially announced it was exploring spinning off Save-A-Lot into a standalone, publicly traded company in July 2015, has completed the amendment of an existing $1.5 billion senior secured term loan agreement. This amendment permits the company and its subsidiaries to undertake certain transactions deemed necessary to enable a spinoff of Save-A-Lot.

  • Getting Creative with Retail Real Estate

    As the retail landscape continues to evolve in response to an explosion of creativity and innovation from both new and existing brands, this is an exciting and inspiring time to be in the business.
     

  • Amazon ups holiday storage fees

    Amazon Marketplace sellers may want to run a little leaner this holiday season.

    According to Re/Code, Amazon has notified merchants its third-party Marketplace platform will raise its warehouse storage fees during November and December 2016. The e-tail giant experienced profit-damaging storage space shortages during the 2015 holiday season and is trying to avoid a repeat of the problem.
     

  • Abercrombie taps Target, Victoria’s Secret execs as brand presidents

    Abercrombie & Fitch Co. has named two veteran retailers to head up its divisions.

    The teen apparel retailer named Stacia Anderson as president of its namesake brand, and also its abercrombie kids division. Anderson is a 20-year veteran of Target Corp., where she most recently served as senior VP of merchandising.  She will join Abercrombie on June 13.
     

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