eCommerce

Abandoned carts get plenty of attention. Retailers run reports on lost revenue from abandons. Email campaigns start hitting customers as soon as an hour after they abandon. A day later, another email comes.

Targeting cart abandoners is definitely effective. Statistics show that as much as 25% of lost revenue can be regained via abandoned cart emails. But what if you didn't lose that revenue in the first place?

We'll never live in a zero abandonment world. But we can definitely limit the chances of abandonment.

When providing the BDO retail IPO outlook for 2015 at the beginning of this year, we asked: Will consumer businesses face a potential Alibaba hangover in 2015?

Travelers dashing through the Salt Lake City International airport in need of travel-friendly clothing and gear have a new oasis courtesy of Brookstone.

The specialty retailer unveiled a new format, called Carry On, at the SLC Delta Terminal. The store offers the "best brands in travel gear,” according to the company.

Wal-Mart Stores’ online push continues.

The retailer will merge its Bentonville-based information systems division with its Silicon Valley-based technology unit, zWalmartLabs, next month, Reuters reported.

The merger will create a new group called Walmart Technology.

The chain’s CIO, Karenann Terrell, and chief technical officer, Jeremy King, will continue to lead the information systems group and zWalmartLabs, respectively. Both will report to Neil Ashe, head of the chain e-commerce division, the report said.

The good works of the NRF Foundation will continue another year under the leadership of HSNi CEO Mindy Grossman and be complemented by the insights of four newly elected board members.

Ahead of the National Retail Federation’s annual convention in New York, the trade group’s non-profit arm said HSNi CEO Mindy Grossman would serve for another year as board chair and named four other retail industry executives to two-year board terms.

Ascena Retail Group has a new senior VP to lead the company through its next phase of growth.

The company announced that Duane Holloway has been named senior VP and general counsel, effective immediately. Holloway will serve on the company’s leadership team and report to David Jaffe, president and CEO. He will be responsible for overseeing all legal matters for the Company.

“Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

As more of my work brings me into contact with mixed-use developments in urban core markets, it’s clear to me that there are some important changes taking place – changes that are fueling the ongoing mixed-use renaissance in many cities.

When providing the BDO retail IPO outlook for 2015 at the beginning of this year, we asked: Will consumer businesses face a potential Alibaba hangover in 2015?