eCommerce

Cortre Madera, Calif. – Restoration Hardware Holdings Inc. (RH) swung to a profit in the fourth quarter of fiscal 2013 amid ongoing sales growth. The retailer posted net earnings of $26.64 million, compared to a net loss of $28.36 in the year-ago period.

Net revenues grew 18.5% to $471.69 million, from $398.05 million. Same-store sales grew 17%.

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New York -- Pinterest, more than Facebook or YouTube, is supplying the greatest percentage of downstream traffic to retail sites, according to new research from Experian Marketing Services. The company’s 2014 “Digital Marketer: Benchmark and Trend Report” also reveals that after visiting Facebook, YouTube or Pinterest, consumers go to Amazon.com more frequently than any other retailer website.

Here’s how the downstream traffic from social media sites to retail sites shapes up in the Experian report:

eBay Enterprise plans to open a new fulfillment center in Ontario, Canada, in second quarter 2014. The new 150,000-sq.-ft. facility will support client growth, including The Children’s Place, which recently signed a new multi-year agreement with the company.

College Station, Texas -- The Center for Retailing Studies (CRS) at Texas A&M University’s Mays Business School has united with GameStop and IBM to found the GameStop Technology Institute (GTI), a consortium of technology corporations and academic institutions focused on discovering and delivering business innovation and technology solutions to better address the needs of today’s empowered consumer.

Hoffman Estates, Ill. – Sears is launching Now + Here, a fast fashion shop available in Sears stores across the country, on Sears.com and Shopyourway.com, in the second week of April. The Now + Here shops offer a new shop environment with monthly deliveries.

The fully integrated retail experience extends online with access to exclusive content, including behind the scenes videos and fashion tips.

New York -- Wal-Mart Stores is testing a new convenience-store concept called “Walmart To Go,” with the initial location in the chain’s hometown of Bentonville, Ark.

The new store offers convenience store products, prepared foods and gasoline. At approximately 2,500 sq. ft., Walmart To Go is much smaller than the company’s other small-format concept, Walmart Express, which averages about 15,000 sq. ft.

Walmart also has a grocery delivery service with a similar name, WalmartToGo.com, in two markets.

New York -- Swedish fast-fashion retailer H&M said on Thursday it will debut two of its newer retail formats, COS and & Other Stories, in the United States this year.

H&M will open its first COS U.S. location this April in New York City’s SoHo area. A second U.S. store will open later this year, in Beverly Hills, Calif.

The retailer’s & Other Stories banner will make its U.S. debut this fall, opening a store in downtown Manhattan.