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eCommerce

  • ICSC: Omnichannel wins, with physical stores at epicenter

    A just-released holiday survey reinforces the dominance of the omnichannel shopper.

    Nearly one-third (32%) of shoppers the past holiday season used the click and collect method – with 69% of these shoppers purchasing additional items in the store when they went to pick up the item and 36% making another purchase in an adjacent store, according to the International Council of Shopping Centers’ Holiday Consumer Purchasing Trends study.

  • New Oracle suite delivers cloud, hardware

    Oracle is introducing Oracle Retail 15, an enterprise retail suite that includes diverse features such as new cloud-based applications and POS hardware solutions.

    In the cloud area, Oracle is adding four new retail-specific services.

    • Using Oracle Retail Sales and Productivity Cloud Service, retailers can gain real-time insights into comparative sales, salesperson productivity, merchandise productivity, store sales, and store traffic.

  • Irvine Company announces a major $150 million reinvestment

    Irvine, Calif. -- Irvine Company announced a major $150 million reinvestment in Irvine Spectrum Center located in Irvine, California, in the heart of Irvine Spectrum, a mixed-use community that provides a balanced district of retail, office, and living space.

  • Retale envisions virtual showroom app

    The Oculus Rift virtual reality (VR) headset is slowly gaining popularity with retailers as a customer engagement tool, and an industry vendor is hoping to capitalize on the trend.

    Location-based mobile platform Retale is releasing Retale Virtual Reality (VR) for Oculus Rift this year. Designed to be a VR, location-based shopping companion, it will provide an immersive, 3D environment where customers can shop context-based local offers.

  • Vacant mall in Tennessee to be redeveloped for $200 million

    Bellevue, Tenn. -- Crosland Southeast and Branch Properties have entered into a joint venture to acquire Bellevue Center Mall, an 87-acre property, located in Bellevue Tennessee. Crosland and Branch will collaborate to develop the retail component of the project and will rebrand the Bellevue Center Mall as One Bellevue Place. The projected costs for the redevelopment are approximately $200 million.

  • Santa brings Toys “R” Us best holiday in years

    Toys “R” Us produced surprisingly strong results, especially online, in what is proving to be a holiday season characterized by mixed results from retailers who have disclosed results.

  • Holiday scorecard: Winners, losers and those in between

    In what was arguably one of the strangest holiday season in recent memory – for a variety of reasons – retailers have reported a variety of results ranging from impressive to outright awful.

  • Report: Charney makes his move to take back American Apparel

    The saga — and drama — of American Apparel Inc. continues.

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