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eCommerce

  • Euclid: November retail activity lags year-over-year

    San Francisco — Shopping activity increased slightly from October in November 2014, but slumped compared to November of the previous year. Monthly retail benchmarks from in-store analytics provider Euclid reveal that  traffic lagged significantly throughout the month, with Black Friday also failing to match the previous year as deals were more distributed across time and channels.   
  • Feuding continues in the Family Dollar affair

    As the acquisition of Family Dollar moves closer to resolution, would-be acquirers Dollar Tree and Dollar General maintain widely differing views on the superiority of their respective offers and the opinion of federal regulators.

  • Argentina’s Musimundo meets Cyber Monday demand with IBM Cloud

    Buenos Aires, Argentina — Specialty entertainment applicance retailer Musimundo, which operates more than 200 stores in Argentina, deployed its e-commerce platform on the  IBM Cloud to meet increased customer demand on Cyber Monday.

    As it prepared for Cyber Monday 2014, Musimundo's greatest challenge was to address the number of entries of people to its website per second, and it needed to manage load balance and security levels in accordance with regulatory requirements.

  • Fresh & Easy testing 'smart stores'

    Fresh & Easy, the former Tesco-owned grocery format, is testing a dramatically new look at seven-plus stores in the Las Vegas market.

    The stores have been remodeled with a more modern feel and layout and a greater emphasis on ready meal solutions, with such features as a “Fresh to Go” hot food bar, a pizza oven, a coffee bar and made-to-order sandwiches. There's also a revamped product selection with lower fixtures and a more abundant selection of fresh food. 

  • Teen retailer Delia’s to liquidate operations

    New York — Teen retailer Delia’s Inc. plans to liquidate operations as it prepares to file Chapter 11 bankruptcy protection "in the very near term." The struggling retailer has been hurt by sluggish mall traffic, evolving fashion trends and weak online sales. It said it has  unable to find a merger partner, or get an acquisition or financing proposal that would allow it to remain a viable concern.  
  • Destination Maternity swings to Q4 loss on higher costs

    Philadelphia – Destination Maternity Corp. swung to a net loss of $2.48 million in the fourth quarter of fiscal 2014 from net earnings of $5.63 million in the same quarter last year. Higher cost of goods sold, as well as higher selling, general and administrative (SG&A) charges and other charges, helped push Destination Maternity out the black and into the red.   Net sales fell 5% to $122.05 million from $128.25 million. Same-store sales dropped 5%.  
  • Salesforce: Consumers still like email

      San Francisco – Although email is at the point it’s often considered a “legacy” technology, a slight majority of consumers still prefer it for holiday communication from retailers. According to a new consumer survey from Salesforce, 53% of respondents said that email is their preferred communication channel during the holidays.  
  • Optimism abounds at Sears/Kmart

    Kmart eked out a positive third quarter same store sales increase, but parent company Sears Holdings still reported a $548 million loss while CEO Edward Lampert claimed customers are responding to transformation efforts.

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