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eCommerce

  • Five Innovations Transforming How Consumers Shop on Mobile

    The abandoned shopping cart rate for mobile shoppers approximates an astounding 97%, according to some estimates. Clearly, this hair-raising stat proves consumers’ deep disappointment with mobile commerce.

  • More good news for J.C. Penney

    J.C. Penney on Monday received an official vote of confidence in its performance: an improved credit rating.

    Fitch Ratings upgraded Penney’s credit rating, saying the department store retailer has “demonstrated a meaningful turnaround of its business over the last over the last two years.” Fitch upgraded Penney from B- to B with a positive outlook.

  • Macy’s details expansion plans, hints at real estate deals

    Macy’s is continuing its expansion into off-price and specialty retailing.

    On Tuesday, the department store retailer said it will expand its off-price Macy’s Backstage format in 2016, opening one freestanding location and 15 in-store locations in traditional Macy’s stores.

    On the specialty store front, Macy will open approximately 42 Bluemercury beauty stores, with 24 freestanding locations and 18 in-store shops in Macy’s stores.

  • Kidpik gives girls fashion power

    Young girls are notoriously picky about what they wear, and now someone is doing something about it.

    Kidpik, a new online shopping service aimed at girls age 3-12 (and their parents), offers curated, personalized fashion collections. Girls initially fill out an interactive quiz about their apparel preferences, and based on the results are assigned a look such as Girly Girl, Modest or Classic Chic.

  • Amazon in big supply deal with U.K. grocer Morrisons

    Amazon is about to launch its biggest venture into food outside of the United States.

    The online giant will deliver groceries to Amazon Prime Now and Amazon Pantry customers in the United Kingdom under a new wholesale supply deal it has struck with Morrisons, the U.K.’s fourth-largest supermarket chain.

    Under the arrangement, Morrisons will supply fresh, frozen and non-perishable goods to Amazon customers, starting later this year.

  • First-ever Breakout Retailer Awards at SPECS

    Chain Store Age will honor the winners of its first-ever Breakout Retailer Awards, which honors emerging retail/restaurant concepts that are innovative in their segment and poised for growth, at its annual SPECS Conference, March 13-15, 2016, at the Hilton Anatole, Dallas. This year’s awards are sponsored by The Paint Folks.

  • Four national retailers to open at Hanford Mall

    Hanford, Calif. – Passco Companies announced four leases at Hanford Mall located in Hanford, California. Set to open summer 2016, the new retailers include Buffalo Wild Wings, Five Guys, Dunkin Donuts, and Pieology.

  • Ahold Delhaize petitions to add 'Royal' to its moniker post merger

    Ahold on Monday announced that the King of the Netherlands has honored its request to use the predicate “Koninklijke” (“Royal”) after its intended merger with Delhaize Group.

    Upon completion of the proposed merger, the statutory name of the combined company will be “Koninklijke Ahold Delhaize N.V.”

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