eCommerce

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?

“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?
 

Ten years after first entering the market, Toys "R" Us has opened its 100th store in China. The retailer has opened a total of 27 new locations across China within the past year.

Tiffany & Co. says weak tourist spending and a strong dollar hurt its sales results for the two-month holiday period.

The retailer said worldwide net sales declined 3% (due to declines in the Americas and Asia-Pacific offsetting growth in Japan and Europe) and same store sales declined 5%. There were no noteworthy differences in performance among jewelry categories, the company said. Reported in U.S. dollars, worldwide net sales of $961 million were 6% lower than the prior year.

More information about Amazon's drone delivery program has been released, the Huffington Post reported. The drones will be able to carry a limit of five pounds and can be at customers' doorsteps as fast as 30 minutes. [Huffington Post]

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

The company announced that Duane Holloway has been named Senior Vice President 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.

National Retail Federation president and CEO Matt Shay shared a message of inspiration and transformation to mark the beginning of the trade group’s annual Big Show, which again drew a record number of attendees to New York.