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eCommerce

  • NetSuite acquires Bronto Software

    San Mateo, Calif. – Cloud-based software provider NetSuite Inc. has completed the acquisition of Bronto Software Inc., a cloud-based commerce marketing company. The acquisition brings together cloud-based omnichannel commerce and marketing automation solutions.

    Bronto Software provides the commerce marketing automation platform used by more than 1,400 brands, including Armani Exchange, Timex and Trek Bikes.
     

  • Cabela’s continues Canadian expansion

    Sidney, Neb. -- Cabela’s Inc. will open a 50,000-sq.-ft. store in Halifax, Nova Scotia. Upon opening, it will become the first Cabela’s location in Nova Scotia and second in Atlantic Canada, joining the Moncton, New Brunswick store opened in May.

    The retailer expects construction on the store to begin in 2016, and anticipates a 2017 opening. It will be located in the Dartmouth Crossing development near the intersection of Lakeview Drive and Wright Avenue. North American Development is the developer.
     

  • Men's Wearhouse to operate 300 Macy's tuxedo shops

    The Men's Wearhouse has signed a 10-year agreement with Macy's, Inc. to operate men's tuxedo rental shops inside 300 Macy's stores.

    No other terms of the agreement were disclosed.

    Doug Ewert, Men's Wearhouse chief executive officer, said: "As the nation's leading provider of tuxedo rental products and services, we are very excited to team with Macy's for the next decade to provide their customers with exceptional tuxedo rental services inside of 300 Macy's stores across the country."

  • Kohl's, Disney win big at LIMA awards

    Kohl's and Disney's "Frozen" were among the winners at the LIMA International Licensing Awards.

    In a ceremony held this week at the Mandalay Bay Convention Center, Kohl's Department Stores received the Retailer of the Year award for its in-store presentation of Frozen.

    In addition, Jakks Pacific tied with Playmate Toys' Teenage Mutant Ninja Turtles product line for the win in the Film, Television or Entertainment (Animated) Licensee: Hard Goods category for its Disney Frozen Snow Glow Elsa doll.

  • Mattress Firm perks up Q1 profit and sales; will open 220-240 stores

    Houston – Reductions in sales, general and administrative (SG&A) expenses, as well as in operating expenses, helped Mattress Firm Holding Corp. increase net income 41% to $7.72 million from $5.48 million the same quarter the prior fiscal year. The acquisition of 131 Back to Bed and Bedding Experts, Bedding Experts, and Mattress Barn stores in September 2014 drove a 69% jump in net sales to $562.6 million from $333.5 million.

    Same-store sales rose 1.3%. Mattress Firm plans to open 220-240 new stores during the fiscal year.

  • Lululemon strikes profitable pose in Q1

    Vancouver – Lululemon Athletica Inc. struck a pose of profitability in the first quarter of fiscal 2015. Net income more than doubled to $47.8 million from $19 million a year earlier, aided by the elimination of a tax expense.

    Net revenue increased 10% to $423.5 million, from $384.6 million. A 27% hike in direct-to-consumer net revenue, which now represents 20% of total company revenue, helped drive the overall improvement. Same-store sales dropped 1%.

  • Nordstrom to open store in 2018 in Carlsbad, California

    Seattle -- Nordstrom announced plans to open a full-line store in a new open-air retail promenade to be built by Caruso Affiliated, in Carlsbad, California.

    The 124,000-sq.-ft. store is scheduled to open fall 2018 and will be the fifth Nordstrom full-line store in the greater San Diego area. The company opened its first Nordstrom in San Diego at Fashion Valley in 1981.

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