Skip to main content

eCommerce

  • Discount sector posts strong January showing

    New York -- There were few missteps among the discounters in January, as most posted strong results, many surpassing Wall Street expectations.

    Target reported a same-store sales rise of 3.1%, topping Wall Street expectations. Total sales surged 29.6% to $5.97 billion in January.

  • Zappos teams with Kenshoo Social and Shoutlet on Facebook marketing

    San Francisco -- Social marketing platform Kenshoo Social said Wednesday that it has completed an integrated Facebook marketing campaign for Zappos and cloud-based social marketing platform, Shoutlet.

    During a two-month test on a single-brand page, Zappos’ Facebook posts generated approximately 85,000 visits to its website. The traffic produced an average order value on par with its paid search and social marketing programs and achieved an average conversion rate of 1.75%.

  • Men outspend women on Valentine’s Day gift-giving

    Austin, Texas -- Online coupon site RetailMeNot.com reported Thursday that men outspend women by more than $120 on Valentine’s Day gift giving.

    According to the just-released results of the Valentine edition of RetailMeNot.com’s Shoppers Trend Report, the average person in a relationship plans to spend $226 for Valentine’s Day this year; the break-out is dominated by men, however, as they plan to spend $287 versus women at $164.

  • Retail sales results mixed in January

    New York -- Although there were some surprising gains among retailers in January, for the most part results were expectedly mixed, as consumers took a hit on their take-home pay from higher payroll taxes but cooler weather gave a boost to others.

  • 99 Cents Only sales and profits increase in Q3; six stores on tap

    City of Commerce, Calif. -- 99 Cents Only Stores reported Thursday that profit for the quarter ended Dec. 29 rose 6.5% to $51 million, compared with $47.9 million in the year-ago period.

    Total sales increased 8.8% to $35.6 million, from $403.9 million last year. Same-store sales rose 4.3%.

    The company said it plans to open six stores during the fourth quarter, with most slated to open in California.
     

  • Staples Canada and Alliance Data announce multi-year agreement

    Dallas -- Alliance Data Systems Corp. announced Thursday that its Canadian loyalty business signed a new multi-year agreement with Staples Canada Inc., which operates about 330 locations under the banners Staples and Bureau en Gros.

    Staples Canada joined Alliance’s Air Miles Reward Program, under which reward miles are redeemed for more than 1,000 different rewards. The retailer will launch the program in-store and online in March.

  • comScore: Retail e-commerce up 15% over last year

    Reston, Va. -- A report released Thursday by comScore found that retail e-commerce sales in the U.S. rose to $186.2 billion in 2012, an increase of 15% and the strongest annual growth rate since before the recession.

    Fourth quarter 2012 sales grew 14% year-over-year to $56.8 billion, marking the first-ever $50 billion quarter. It also represents the 13th consecutive quarter of positive year-over-year growth and ninth consecutive quarter of double-digit growth.
     

  • Report: Top 10 myths about multichannel retailing

    New York -- Social media isn’t likely to become an important retail channel anytime soon, according to a new report by PwC. The study, “Demystifying the Online Shopper: 10 Myths of Multichannel Retailing,” found that in-store shopping is still center to the shopping experience.

    “Our report finds that the physical store remains the centerpiece of the purchase journey, while devices are used significantly for product research and deals,” said Susan McPartlin, PwC’s U.S. retail & consumer sector leader.

X
This ad will auto-close in 10 seconds