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eCommerce

  • Supervalu considers spinning off its best banner

    Minneapolis – Supervalu Inc. beat Wall Street expectations for profit in the first quarter of fiscal 2016 and also announced it is considering spinning off its Save-A-Lot grocery banner. Net earnings soared 42% to $61 million, from $43 million in the same quarter the prior fiscal year.

    Cost of sales rose at a slower pace than net sales, aiding profit growth. Net sales rose 3% to $5.41 billion, from $5.26 billion.

  • Wayfair reaches out to sleepy customers

    Boston – Wayfair is meeting the needs of customers who need to get some sleep fast. The online retailer is partnering with Mattress Firm Inc. to let customers obtain same-day premium delivery of mattresses in most markets.

    Shoppers will also have access to Wayfair.com’s more than 700 customer service team members, including mattress specialists for advice and insight.

  • Study: Back-to-school shopping starts earlier online

    New York – Although overall back-to-school shopping is starting later in 2015 than the prior year, online back-to-school shoppers are getting an earlier start than their brick-and-mortar counterparts. According to a new trend report on back-to-school shopping from Internet marketing agency PM Digital, 30% of online shoppers will start buying back-to-school items at least two months before school starts, compared to 22% of overall shoppers.

  • Study: Targeting ‘true abandoners’ can reduce cart abandonment

    Los Angeles – Cart abandonment is a problem that continues to plague online retailers, but some answers may have been uncovered. A site abandonment survey of more than 60,000 e-commerce shoppers by Bizrate Insights, a division of retail marketing solutions firm Connexity http://connexity.com/ (formerly Shopzilla), found that retailers can reduce abandonment by targeting customers who visited with the intent to buy, but didn’t complete a purchase (“true abandoners”).

  • TonyMoly, New York City

    South Korean beauty fave TonyMoly is laying down U.S. roots. With one store in New York City’s Chinatown, limited product distribution in Urban Outfitters and Sephora and a new website, the brand has opened its second Big Apple location.

  • eBay continues to clean house

    New York -- In its latest round of housecleaning, eBay is killing same-day deliveries and three mobile apps.

    The company on Monday said it is shutting down eBay Now, a three-year-old service that allows customers to buy items from local sellers and then have the goods delivered as soon as the same day. The service, the company’s answer to the fast-growing on-demand delivery market, never really took off.

  • Shipt is giving Instacart, Deliv a run for their grocery money

    As more shoppers increasingly shop online for a wider array of items, there's a new player in the online grocery delivery game.

    Birmingham-based Shipt.com is looking to get a piece of the grocery delivery pie in cities not already served by Instacart, Deliv or other services. Shipt announced this week that it will begin grocery delivery from Publix in the Tampa Bay area in August.

  • Back to School: Trends to Watch

    The calendar may only say July, but retailers are already promoting back-to-school.  

    Here are four promotional trends the folks at Market Track predict will play out this selling season:

    • Retailers/e-retailers creating new mid-year “Black Friday” type events concurrent with Back to School. (e.g., Amazon's Prime Day, Target’s Black Friday in July, etc.)

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