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eCommerce

  • Lululemon strikes a better pose in Q4

    Shoppers had a hankering for more yogawear during the holidays, as retailer Lululemon saw better-than-expected traffic and results for the fourth quarter.

    Net revenue for the quarter increased 16% to $602.5 million from $521 million in the fourth quarter of fiscal 2013. Same store sales increased by 8% for the fourth quarter.

  • King of the cloud, Amazon offers unlimited everything

    In its quest to offer its customers everything from one-hour delivery of toilet paper to instant TV streaming, Amazon now wants to dominate the market in cloud storage with a dirt cheap new plan.

    For $5 a month, customers can sign up for Amazon Cloud Drive and store as much digital content as they want. With the unlimited plans, customers no longer need to worry about how much storage is needed to keep their content safe and secure: they can choose either the Unlimited Photos Plan or Unlimited Everything Plan and only pay one flat fee per year.

  • Study: Consumers want easy access to product, service information

    Washington, D.C. -- An overwhelming majority (70%) of consumers around the globe say that the best way retailers can add value to their shopping experience is to provide easy access to information about their products and services, both online and in stores. That’s one of the key takeaways of a new consumer research study by Oracle.

  • Fred's names former Walgreens exec as head merchant

    Putting aside a worse than expected fourth quarter loss, regional discounter Fred’s could be on the cusp of more meaningful growth after assembling a roster of top executive talent under the leadership of CEO Jerry Shore and president Mike Bloom.

  • GameStop eyes growth strategy with emerging formats

    GameStop’s strongest growth in 2015 will have little to do with gaming as the company plans to open between 350 to 550 stores in technology brands segment while paring its GameStop store presence.

    The company’s technology brands segment is comprised of 361 ATT&T brand stores, 63 Cricket branded stores that offer wireless products and services and 60 Simply Mac Stores. Meanwhile, the company has indicated it will close 3%, or nearly 200 of its approximately 6,000 traditional video game stores.

  • Lululemon bounces back as Q4 tops estimates

    Vancouver -- Lululemon Athletica Inc. is apparently back on track, reporting better-than-expected results for the fourth quarter amid increased traffic. On the company’s quarterly conference call, executives said the retailer hopes to post double-digit square footage growth for the United States and Canada in its current fiscal year, in addition to continuing to grow its brand overseas.

  • Amazon expands 1-hour delivery to Dallas

    Amazon is accelerating the expansion of its one-hour delivery servcie with a rollout of the program in Dallas.

    The e-commerce giant started its Prime Now rapid delivery service in December in parts of Manhattan, and expanded to Baltimore and Miami this month.

    The ultra-fast service initially launched as a benefit for Prime members.

  • AAFES engages with suppliers in new initiative

    The Army and Air Force Exchange Service (AAFES) recently conducted a first-of-its-kind initiative designed to simplify the process of selling to the major retailer.

    Working with the American Logistics Association, AAFES participated in the trade group’s 2015 Exchange Impact Workshop in Dallas. Led by AAFES Chief Merchandising Officer Ana Middleton, she and more than 50 AAFES representatives detailed the Exchanges’ go to market strategy to an audience comprised of manufacturers, brokers, distributors, and service providers.

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