eCommerce

Englewood, Colo. – Michael Foss has been named CEO of The Sports Authority Inc. He replaced outgoing CEO Darrell Webb, who is retiring both as the company’s chief executive and chairman of the board.

Foss, a member of the board of directors of The Sports Authority since 2009, most recently served as executive VP and CFO at Petco Animal Supplies and as CFO of Circuit City Stores before that. He has 30 years of executive experience across a variety of verticals including retail.

Marks & Spencer's new store merges online and physical shopping

Technology is revolutionizing the way consumers shop, both in stores and online. Here is how one retailer is working to bridge both worlds.

British retailer Marks & Spencer is taking a giant leap forward in its goal to becoming a multichannel leader and merging the worlds of physical and online shopping with the opening of its new concept store in Amsterdam.

Union, N.J. – Bed, Bath & Beyond Inc. reported positive financial results for the first quarter of fiscal 2013. Although net earnings fell from $206.8 million to $202.5 million, net earnings per diluted share increased roughly 4.5% from $0.89 to $0.93.

Austin, Texas – Digital coupon provider RetailMeNot is expanding into Canada with the launch of its new RetailMeNot.ca site. The site provides Canadian consumers with access to thousands of digital coupons for more than 6,000 retailers doing business in Canada.

Los Altos, Calif. – Catalog Spree, which promotes itself as a “digital mall” providing online access to retail catalogs, has added several brands to its mobile shopping app. Retailers — including Forever 21, JC Penney, Kohl's, Target, Toms Shoes, Torrid and Urban Outfitters — now have Catalog Spree “lookbooks” that provide online browsing of catalog-style product selections. Catalog Spree also has added a price watch feature that sends users automatic notifications when prices on desired goods drop to a certain point.

Jacksonville, Fla. – Stein Mart has named Jay Stein, its interim CEO since September 2011, as permanent CEO. Stein has been chairman of Stein Mart’s board of directors since 1989 and will remain in that position. He also served as CEO from 1990 to 2001.