eCommerce

New York -- The National Retail Federation announced that The Container Store chairman and CEO Kip Tindell has been elected chairman of the NRF board of directors and chairman of its executive committee, succeeding Stephen I. Sadove, retired chairman and CEO of Saks, Inc.  

Tindell was elected at the Board of Directors meeting held Sunday during NRF’s 104th Annual Convention and EXPO, Retail’s BIG Show.

After posting stronger than expected holiday sales, Burlington Stores Inc. has named a new chief financial officer.

Marc Katz, formerly the company’s EVP of merchandise support and information technology, is replacing Todd Weyhrich, who retired this month.

The retail landscape is changing more rapidly now than at any point in history. As technology and customer demands evolve, retailers and their supply chains must be increasingly flexible and adaptable.

Let’s take a look at the top 5 trends for the retail supply chain in 2015.

1. This year will be omnichannel’s time to shine.

Teens will soon have fewer choices when it comes to shopping for the latest fashions.

Deb Shops announced it has won court approval to launch going-out-of-business sales that will culminate with the closing of nearly 300 stores.

“We thank our many customers and dedicated employees for their tremendous loyalty over the years and are very proud of our associates’ commitment to maintaining the high level of customer service we are known for throughout this transition,” said Dawn Robertson, CEO at Deb Shops.

Exeter, N.H. -- Ice hockey equipment manufacturer Bauer Hockey is throwing its puck in the retail arena. The company will open its first-ever store this summer, in the Boston suburb of Burlington, Massachusetts. It will be followed by a second location in the fall, in the Minneapolis area.

Boston -- Gordon Brothers Group and Hilco Merchant Resources will begin going-out-of-business sales at all 287 Deb Shops retail locations nationwide beginning Jan. 9. Deb Shops, a Philadelphia-based women’s fashion discount retailer, filed for Chapter 11 protection on Dec. 4, 2014.  

Fewer shoppers were in the mood to buy containers last fall, as the Container Store blamed its third quarter performance on lower customer traffic.

The company said same-store sales declined 3.5% in the third quarter that ended Nov. 29.

“We were not satisfied with our comparable-store sales and are working to fix it. Traffic has been the culprit, as the average customer transaction was up 2%,” Container Store Group CEO Kip Tindell said.

But, Tindell added, traffic turned positive in the fourth quarter.

New York -- A.R.E. (the Association for Retail Environments) is predicting a 10% increase in spending on North American retail store construction and renovations in 2015. The forecast, based on a survey of A.R.E.’s nearly 750 member companies and input from the industry association’s economic advisors, represents the sixth consecutive year of industry growth.