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eCommerce

  • Walmart kicks off online holiday deals early

    San Bruno, Calif. -- Walmart on Friday kicked off its online holiday deals, a month earlier than usual, and announced that it is offering free shipping on about 99% of its online items this year for orders over $50. (Last year, only about 15% of its assortment qualified for free shipping). The moves comes as retailers get ready for what is expected to be an extremely competitive season, one marked by intense promotional activity. Retailers are also challenged by this year’s calendar: Thanksgiving falls late, on Nov.

  • FTC approves Office Max-Office Depot deal

    Naperville, Ill. -- The U.S. Federal Trade Commission has approved the merger of Office Max Inc. and Office Depot, the retailers said in a joint statement on Friday. The companies anticipate completing the transaction after market close on November 5, 2013.  

  • What has Walmart worried

    Ask six senior merchandising executives from Walmart and Sam’s Club what keeps them up at night and be prepared for an interesting collection of answers relating to key competitors and assorted challenges.

    That’s what Scott Huff, SVP/GMM of consumable at Walmart did this week during a panel discussion with six Walmart and Sam’s Club VP/DMMs during the Emerging Trends in Retail Conference organized by the Center for Retailing Excellence in the Sam M. Walton College of Business at the University of Arkansas.

  • Blue Nile’s international business bolsters third quarter results

    Blue Nile, a leading online retailer of diamonds and fine jewelry, experienced its sixth consecutive quarter of double digit growth.

    Net sales increased 10.1% to $98.9 million for the third quarter, compared to $89.8 million for the year-ago quarter.

  • Giant-Landover appoints new president

    Ahold USA has appointed former executive for Asian retailer Dairy Farm International Gordon Reid as president of its Giant Food of Landover, Md., division.

    Reid is replacing interim president and Ahold USA EVP operations Bhavdeep Singh. Singh served in the role of interim president following the departure of Anthony Hucker, who resigned from Giant-Landover in September to become EVP and chief strategy officer for St. Louis-based Schnuck Markets.

  • Big Lots to focus on retail business, shuts down wholesale biz

    Big Lots plans to close down its wholesale operations, Big Lots Wholesale, Consolidated International and Wisconsin Toy, by the end of the current fiscal year. The move is the latest in the company’s strategy to refine its business model and focus on its retail stores.

    As things wind down for the wholesale business its inventory will be liquidated. The company says that it will assimilate employees into its retail operations wherever and whenever possible throughout the next 90 days.

  • Gigwalk upgrades platform, enhances workforce

    Gigwalk has made a major upgrade to its platform that involves new higher skilled, higher paid “Gigs” (jobs on the Gigwalk app) and free training programs based on worker certifications. The move makes Gigwalk the only mobile work marketplace that allows workers to advance their careers through special courses and certifications.

  • Gander Mountain appoints president & COO

    Gander Mountain has promoted Mike Owens to the position of president and COO. Owens was the company’s EVP and COO since joining in 2009.
     
    “This is an exciting time for Gander Mountain, and we are very optimistic about our future,” said chairman of the board and CEO David Pratt, who has overseen a sizeable expansion in the past 18 months. “In Mike we have a true leader in driving further growth and success for Gander Mountain across our network of stores. I offer my personal congratulations to Mike on a well-deserved promotion.”

  • Newegg kicks off Black November

    Newegg, a leading electronics-focused e-retailer in the U.S., has kicked off this year’s Black November shopping event. The online retailer first unveiled Black November in 2010.

    The company will be offering exclusive deals on the first four days of Black November across 60 categories, including computers, electronics, automotive, sporting goods and jewelry.

  • Survey: Nine-in-10 consumers plan holiday shopping in stores

    San Francisco – Almost nine-in-10 (88%) consumers will shop in stores this holiday season, compared to 75% who will shop online and 16% who will shop via mobile device. A new Harris Interactive survey co-sponsored by Aerohive Networks and Euclid also shows that physical retailers still need to address consumer concerns regarding in-store holiday shopping.

    Specifically, consumers are most concerned about crowds (42%), lines (29%), and out-of-stock items (15%) affecting their in-store holiday shopping this year.

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