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eCommerce

  • Rite Aid posts year-end sales lift of 1.3%

    Rite Aid on Thursday announced February sales results of its retail pharmacy segment. For the five weeks ended Feb. 27, total drugstore sales for the five-week period increased 0.1% with sales of $2.6 billion. Prescription sales accounted for 69.4% of drug store sales, and third-party prescription sales represented 98% of pharmacy sales.

  • Barnes & Noble grows sales; to debut new store format

    Barnes & Noble produced a same-store sales increase in its third quarter which, although meager, is an impressive accomplishment given intense competition from Amazon. In announcing its results on Thursday, the company also revealed that it will open four new prototype stores in its current fiscal year. The first is expected to open sometime this summer.

  • Target investing billions in technology

    The discounter plans to invest some $1.8 billion in 2016 on capital projects, with the majority going to e-commerce and supply chain improvements, as well as in-store improvements. And starting in 2017, Target will ramp up its tech spending even more, Fortune reported. [Fortune]

  • Burlington Stores keeps hot streak going

    Burlington Stores attracted large numbers of shoppers over the holiday season, as the off-price retailer reported a jump in sales and profit for the fourth quarter.

    For the fourth quarter ended Jan. 30, the company said adjusted net income per share rose 26% to $2.31 vs. $1.83 in the prior year quarter.Revenue increased 3.5% to $1.55 billion. Same-store sales increased 2.1%.

  • Ross Dress for Less continues to expand

    Ross Dress for Less announced three new stores, part of the retailer’s 2016 expansion program, which calls for 70 new locations.

    Ross will open a new store and relocate a store in Mobile, Alabama on March 5. The new 25,000-sq.-ft. West Mobile store is located in Westwood Plaza, one mile east of the Mobile Regional Airport. The Mobile location is a 25,000-sq-ft. store that relocated into the McGowin Park East Shopping Center at the southeast corner of Interstate 65 and Highway 90.

  • Report: Walgreens Boots Alliance exploring retail pharmacy options in Australia

    Walgreens Boots Alliance is exploring the possibility behind opening a retail pharmacy stake in Australia, The Sydney Morning Herald reported Friday. Though current government restrictions prevent corporate-owned pharmacies from setting up shop, that could change as "the government has commissioned an independent review of pharmacy regulations, which is due to report in March 2017," the paper reported.

  • RILA Recap: Retailers seek supply chain solutions

    The Retail Industry Leaders Association (RILA) convened its 31st annual Supply Chain Conference earlier this week. RILA’s Caroline Stec provided a recap of an event which drew record attendance.

  • Demandware: Mobile phones drive Q4 digital commerce

    In fourth quarter 2015, mobile phones served as the primary engine of online retailing.

    According to the fourth quarter “Demandware Shopping Index,” mobile phones were responsible for all growth in digital visit (112%) and basket (104%) size. Rates exceeding 100% indicate that digital visits and baskets actually shrank among users of tablets and PCs.

    Mobile phones also accounted for a solid 68% of majority of digital order growth, with tablets and PCs accounting for the other 32%.

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