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eCommerce

  • David Cheesewright appointed Walmart International chief

    Currently president and CEO of Walmart's Europe, Middle East and Africa (EMEA) and Canada region, David Cheesewright has been promoted to president and CEO of Walmart International, the company's second largest operating segment.

    Cheesewright will report to Doug McMillon, who was tapped to succeed Mike Duke as the company's president and CEO. Both assume their new roles Feb. 1, 2014. Cheesewright's successor will be named at a later date.

  • New stores fuel Burlington’s third-quarter results

    Burlington Stores credited performance at new stores for driving net sales during the third quarter.

    The company’s net sales increased 10% to $1.06 billion, from $967.9 million. The increased was fueled primarily by a $53.2 million increase in sales related to new stores and stores previously opened that are not included in same-store sales, as well as a 3.9% increase in same-store sales.

    The company also shrank its net loss to $7.4 million from $16.8 million during the quarter, compared to the prior-year quarter.

  • Mobile fashion app launches

    New York -- SK Planet Inc. is launching its first major mobile app, Styletag, for finding, sharing and buying the current fashion styles. The dynamic, free fashion app will be released Monday, Dec. 9 for iOS 7 (iPad, iPhone and iPod) and on Google Play for Android.  

  • Building #19 plans to open Rug Dept. stores

    Hingham, Mass. – Building #19, the New England closeout retailer, which recently shut its doors after declaring Chapter 11 bankruptcy, is planning to reopen at least a few stores as specialty closeout rug retailers under the banner of “The Rug Dept.”

  • NRF: Retail imports up for December, full year 2013

    Washington, D.C. -- Import volume at the nation’s major retail container ports is expected to grow 1.8% in December, compared to the same month last year, and the year should end with an increase of 2.3% from 2012. According to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates, U.S. ports followed by Global Port Tracker handled 1.43 million Twenty-Foot Equivalent Units (TEU) in October, the latest month for which after-the-fact numbers are available.

  • Report: Amazon deploys robots in DCs

    Seattle – Amazon.com is reportedly using robots from Kiva Systems at three distribution centers. According to the Wall Street Journal, the robots bring merchandise from shelves to warehouse workers and can potentially reduce the cost of filling an order by 20% to 40%, for an annual savings of more than $900 million.

    Amazon purchased Kiva for $775 million in March 2012 and according to a recent financial disclosure now has 1,400 Kiva robots in service helping fulfill orders. The retailer declined to comment on the project.

     

  • Storefront partners with MTA to offer retail space in NYC subways

    New York -- Storefront, the online marketplace that connects artists, designers, and brands with retail space, has partnered with the New York Metropolitan Transportation Authority to offer unique retail space for rent in the New York City Subway.  

  • KeyPoint adds six management assignments

    Burlington, Mass. — KeyPoint Partners has added six new properties to its property management portfolio, five in Massachusetts and one in Virginia. The assignments consist of retail, office and industrial space totaling more than 1.39 million sq. ft.

  • Reports: AmazonFresh could expand to San Francisco

    New York — Amazon's fresh food delivery service may be expanding to San Francisco, according to published reports.

    All Things Digital, a Dow Jones-owned website that reports on technology news, reported on several sightings in San Francisco of AmazonFresh trucks, as well as a recent job posting.

  • Linens ‘n Things acquired by Galaxy Brand Holdings; poised for comeback

    New York -- The once bankrupt and liquidated retailer Linens ‘n Things is poised for a comeback following an acquisition of the brand by Galaxy Brand Holdings.

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