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eCommerce

  • Smart & Final Stores posts Q1 profit; 16 new stores on tap

    Commerce, Calif. -- Smart & Final Stores Inc. reported earnings of $4.9 million in its first quarter, compared with a profit of $2.5 million last year. Revenue for the period ended March 22 rose 11.9% to $822.2 million. Same-store sales climbed 6.1%.

    "The year is off to a strong start, with Smart & Final Stores delivering against our business plans and financial objectives," said Dave Hirz, president and CEO.

  • Office Depot meets Q1 profit forecasts, misses on sales

    Boca Raton, Fla. -- Office Depot Inc. on Tuesday reported a first-quarter net profit of $45 million, compared with a loss of $109 million in the year-ago period. Its results met analysts’ expectations.

    The office supply retailer said excluding non-recurring items, including costs associated with the planned acquisition of Office Depot by Staples Inc. adjusted earnings per share were 13 cents, matching the FactSet consensus.

  • Build-A-Bear Workshop posts mixed Q1; opening store in Empire State Building

    St. Louis -- Build-A-Bear Workshop said its total revenue fell 5% in the first quarter amid harsh winter weather between Valentine’s Day and Easter in North America.  

    The chain’s profit for the quarter, ended March 29, totaled a better-than-expected $8.3 million, compared with from $5.1 million in the year-ago period.

    Total revenues were $93.4 million, less than expected, compared to $97.9 million in year-ago period. Revenue was also negatively impacted by fiscal 2014 having a 53rd week, the company said.

  • Office Depot profit rises despite sales decline

    Store closures led Office Depot sales to decline in the first quarter, but the retailer still reported a sizable bump in profit.

  • Dunkin’ Donuts celebrates royal baby with Twitter sweepstakes

    Canton, Mass. - In honor of the birth of the royal baby, Dunkin' Donuts is running a special Twitter sweepstakes for the chance to win a trip for two to London. From May 4-5, Dunkin' Donuts is asking its Twitter followers to share who in their life deserves to be treated like royalty.

  • Same store sales increase at Hancock Fabrics

    Hancock Fabrics’s CEO says the company is “heading in the right direction” after reporting an increase in same store sales for the fourth quarter.

    The financial news comes just a few weeks after the retailer announced the refinancing of the company’s existing senior debt under a new credit agreement with Wells Fargo Capital Finance and Great American Capital Partners.

  • Up-and-coming Aftcra practices art of online craft sales

    Milwaukee – A lot of pure-play e-commerce retailers have interesting origin stories. According to (dubious) legend, eBay started as a way to buy and sell collectible Pez candy dispensers. Aftcra, an online marketplace for American handmade products, has a verifiable tale of its roots fitting its all-American product selection.

  • Amex launches loyalty program

    New York – American Express is launching a new loyalty program called Plenti. The program lets consumers use loyalty points accrued at one participating retailer and use them at another.

    Initial participating organizations include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise Rent-A-Car and Hulu. The program is expected to include more brands in additional categories over time.

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