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eCommerce

  • Report: Chinese online retailer Alibaba to launch U.S. website

    Beijing – Chinese e-commerce retailer Alibaba is reportedly planning to open a U.S. e-commerce website through its subsidiaries Vendio and Auctiva. According to Reuters, the site will operate at 11main.com.

  • Dover Saddlery expects lower net income for 2013, plans new stores

    Littleton, Mass. -- Dover Saddlery reported a preliminary unaudited decline of 6% in its year-over-year net income for 2013, from $1.7 million to $1.6 million. Preliminary unaudited revenues for 2013 increased $7.5 million, or 8.7%, to approximately $93.8 million from $86.3 million achieved in 2012.

    Same-store sales rose 4% for the year. In addition, Dover Saddlery expects to open five to seven new stores in fiscal 2014 and also expand its e-commerce operation.

  • Report: Aeropostale considers private equity, sale

    New York – Aeropostale Inc. is reportedly considering trying to raise private equity capital. According to Reuters, four anonymous sources said Aeropostale is working with the investment bank Barclays plc to consider options including private equity capital as well as a sale of the company.

  • Shoebuy.com names Staples exec marketing chief

    Boston - Shoebuy.com has named Anabela Perozek as the company's new CMO. Perozek joins Shoebuy's senior management team and will report to CEO Mike Sorabella.

  • Hhgregg seeks new chief operating officer

    Hhgregg EVP and chief operating officer Gregg W. Throgmartin has resigned his position and spot on the company’s board of directors, effective March 31. Throgmartin is leaving to pursue outside interests and manage family businesses, the company said.

  • Instacart adds DC to same day network

    Residents of the Washington, D.C., metro area can now have products ordered from supermarket operator Harris Teeter delivered within the hour following Instacart’s entry into the market.

    Instacart’s network of personal shoppers began delivering items ordered from Harris Teeter on Feb. 11. The service provider expects to add other retailers in the coming weeks which would allow shoppers to combine items from multiple stores in a single order and have them delivered in as little as one hour.

  • Shoebuy.com taps online retail marketing exec as CMO

    Shoebuy.com, a leading global online retailer of shoes and clothing, has appointed Anabela Perozek as the company's new chief marketing officer. Perozek joins Shoebuy's senior management team and will report to CEO Mike Sorabella.

  • 99 Cents rides sales momentum in third quarter

    Continued positive sales momentum in its business and an increase in foot traffic increase at its stores fueled 99 Cents Only Stores’ third-quarter results.

    The company's net sales increased 11% to $487.9 million from $439.5 million for the prior-year quarter. Same-store sales increased 3%.  

  • Urban Outfitters falls short of Street expectations

    Urban Outfitters reported substantial gains in net sales for the fourth quarter and fiscal year 2014, driven primarily by the company’s Anthropologie and Free People brands.

    Total company sales in the quarter increased 6% to $906 million from $856.8 million in the year-ago period — less than Wall Street expected.

  • Second AMZN author passes 1 million milestone

    Helen Bryan has become the second author in the Amazon Publishing stable of writers to surpass 1 million copies in combined print, audio and Kindle editions.

    Bryan, author of historical novels "War Brides" (2012) and "The Sisterhood" (2013), follows Amazon Publishing author Oliver Pötzsch over the 1 million threshold.

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