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eCommerce

  • Target lowers free shipping threshold to $25, undercutting Walmart

    Minneapolis – While some retailers have been raising their spending threshold for free shipping in the past year or so, Target Corp. is taking the opposite approach. Target now offers free shipping for orders of $25 or more. The retailer said the price cut follows an enthusiastic response to its free-shipping offer during the holiday shopping season.

    That is half the $50 minimum Target previously required for free shipping. The free rate applies to standard shipments that take three to five business days to arrive.

  • Report: Amazon looking to go more high-end route?

    Amazon.com is looking to push farther into the category of high-end couture, according to a new report from Bloomberg.

    The news service reports that Amazon has been embracing more profitable designer fashion by selling clothing, shoes, handbags, and accessories from pricey brands with luxe reputations.

    Earlier this year it was announced that the Internet retailer will be a sponsor of New York Fashion Week this summer. Amazon reportedly also signed a multiyear deal this month to sponsor India Fashion Week, according to Women's Wear Daily.

  • H2O+ names new CEO

    Chicago -- Skincare products retailer H2O+ announced the appointment of Joy Chen as the company's new president and CEO.

    Chen most recently served as the CEO of YES TO Inc. where she managed the YES TO skin and bodycare portfolio’s expansion of North America and International distribution. She brings over 20 years of industry experience and a proven track record of driving sales and profit growth, in demanding, complex turnaround situations.

  • Report: Frederick’s of Hollywood closing 31 stores

    Los Angeles – Frederick’s of Hollywood is reportedly closing at least 31 of its 93 stores as part of a broader re-engineering effort. According to the Wall Street Journal, Great American Group is overseeing liquidation sales at 31 stores, including the flagship location in Los Angeles.

  • Seven Retail Megatrends for 2020

    By Shah Karim, Saferock

    If it hasn't done so already, the consumer experience will undoubtedly include omnichannel shopping, mobile, and social media as part of what consumers do naturally. Based on this inevitable evolution of how customers engage with retailers, here are seven retail “megatrends” which will become reality by 2020.

  • Sears/Kmart: We’re still in business, growing?

    Sears Holdings continues to lose money –- lots of it –- and same store sales declined again during the holidays, but the severity of the company’s losses have diminished, which has Chairman and CEO Edward Lampert believing further improvement is coming as the company transforms to what he calls “a leading integrated membership-focused company.”  
  • Nordstrom wins with customers, not Street, in Q4

    Nordstrom is doing all the right things when it comes to store traffic, e-commerce and customer service, but it wasn’t enough for Wall Street in the fourth quarter.

    Nordstrom’s same store sales grew 4.7% in the fourth quarter; online sales grew to now represent 40% of the store’s business. And just this month the company was ranked No. 1 in the United States in terms of customer service, according to the American Customer Satisfaction Index.

  • Where is Amazon's same-day delivery service going next?

    Amazon is expanding its same-day delivery service not just to all of Manhattan, but to other New York City boroughs as well, with unknown implications for the retail industry.

    The e-commerce giant won't say, but it will say it has expanded its Prime Now same-day delivery service out of Manhattan for the first time and into select neighborhoods in Brooklyn.

    The service allows Amazon Prime subscribers in neighborhoods such as Brooklyn Heights, Fort Greene and Prospect Heights to get free delivery on a limited selection of goods within two hours of ordering.

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