Skip to main content

eCommerce

  • Francesca’s Q3 net earnings up 78%; 80 stores on tap for fiscal 2013

    Houston -- Francesca's Holdings Corp. reported that net earnings in the fourth quarter rose 78% to $14.9 from $8.4 million in the same quarter last year. The company also said it plans to open 80 stores in fiscal year 2013.

    Net sales in the quarter ended February 2, 2013, rose 40.6% to $86.7 million, compared with net sales of $61.7 million during the same period in fiscal 2011. Same-stores sales in the quarter increased 9.2%, driven by increased transactions and strong growth in its clothing and jewelry categories.

  • Macy’s investing $35 million to expand online fulfillment center in Arizona

    New York -- Macy’s announced that it will expand its online order fulfillment center in Goodyear, Ariz., to accommodate continued sales growth as part of the company’s omni-channel strategy. The company is expected to invest more than $35 million in capital in the project.

  • REI to open new store in Tysons area

    McLean, Va. -- Recreational Equipment said that it will open a new REI store in the Tysons area of McLean, Va.

    The 32,800-sq.-ft., two-story store is slated to open in August 2013.

    “Tysons is the ultimate shopping hub in Northern Virginia,” said Ray Dinterman, REI retail director for the Mid-Atlantic district. “Our new store will join five other local REI stores and help us better outfit nearly 200,000 active members who paddle the Potomac and hike the Appalachian Trail."

  • Report: Sam's Club, Amazon tops in retail customer experience

    Waban, Mass. -- Research results released Tuesday by consulting firm Temkin Group revealed, among retailers, Sam’s Club and Amazon earned top marks.

    According to the 2013 Temkin Experience Rankings which queried 10,000 U.S. consumers about customer service issues across 246 companies in 19 industries, Sam's Club and Amazon earned the top spots in the retail sector and RadioShack was the lowest rated retailer for the third consecutive year.

  • Fimiani Development adds to statewide leasing team

    Boca Raton, Fla. -- Real estate development firm Fimiani Development said that it has named Lindsey Alexander and Meredith Housman as VPs of leasing for the company.
     
    Alexander and Housman will work with Simon Property Company, Kite Realty Group, Kimco and Office Depot and will focus on landlord representation as well as tenant representation.

    Alexander was previously with Woolbright Development and Housman with Equity One.

     

  • DSW Q4 profit increases

    Columbus, Ohio -- DSW Inc. reported Tuesday that net income for the quarter ended Feb. 2 rose to $31.4 million from $23.1 million in the year-ago period. Sales for the fourth quarter increased 15.7% to $594.3 million, and same-store sales rose 3.6%.

    For the full year, profit increased to $152.2 million, from $136.1 million in the prior fiscal year. Sales rose 11.5% to $2.26 billion from $2.02 billion.

     

  • Target’s Canadian rollout ramps up

    Minneapolis -- Target Corp. said Monday that it will open 17 southwestern Ontario, Canada store on March 19 and another four on March 28, on the heels of three successful pilot-store launches in the area.

    The added slate of openings, said Target, will allow the retailer more opportunity to volume-test in advance of April grand opening dates.

  • NRF: Easter spending expected to be flat

    Washington, D.C. -- A report released Monday by the National Retail Federation said that the average person celebrating Easter this year will spend about $145.13 on candy, décor, apparel and food – with is flat with last year’s $145.28.

    NRF, through its Easter Spending Survey conducted by BIGinsight, estimated that total spending will reach an estimated $17.2 billion this year.

X
This ad will auto-close in 10 seconds