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eCommerce

  • Walgreens Q3 sales up 3.3%

    Deerfield, Ill. -- Walgreens on Wednesday posted third-quarter sales of $18.3 billion, up 3.3%.

    Same-store sales were up 1.3%, with front-end comparable store sales up by 0.3% and pharmacy comp sales up 2%. Prescriptions filled were up 7% for the quarter.

    Walgreens reported that more than 72 million Walgreens faithful have signed on for the company's Balance Rewards loyalty program through May.

  • Another BRIC in the e-commerce wall

    Chicago -- During a morning keynote session on Wednesday at the Internet Retailer Conference in Chicago, former Vice President and self-described “recovering politician” Al Gore related a couple of interesting facts about how the Internet is shaping modern commerce. First, he stated that when an online network increases in size its value increases by a squared amount, so that for example a network that doubles its number of users quadruples in value.

  • Golfsmith coming to Fifth Avenue

    New York -- Golfsmith International will open a two-story, 15,000-sq.-ft. store on Fifth Avenue, near 38th Street, in Manhattan.
       
    The store, opening on Friday, June 7, features three state-of-the-art club fitting studios with simulators that enable customers to test drive the latest equipment with the same technology used to fit tour pros. The store also has an indoor putting green and technology bar with GPS units, range finders and a variety of high-tech gadgets.

  • Amazon launches marketplace site in India

    New York -- Amazon has launched an online shopping site in India, but, in line with the nation’s rules, it will only be able to service other retailers.

    The e-commerce giant has gone live with an e-commerce marketplace where local retailers can list books and DVDs under Amazon’s banner and use its delivery services to get them to buyers, according to The Financial Times. Amazon will start selling mobile phones and cameras within weeks.

  • Cabela’s to enter New York and Massachusetts

    Sidney, Neb. -- Cabela’s Inc. continues to expand East with plans to open its stores in the states of New York and Massachusetts.

    The hunting, fishing, camping and related outdoor merchandise retailer will open an 88,000-sq.-ft. store in the Buffalo suburb of Cheektowaga, N.Y., in fall 2014, and a similarly sized one in the Boston suburb of Berlin, in spring 2015. The exteriors of both locations will reflect Cabela’s signature log construction, stonework, wood siding, metal roofing and a large glass storefront.

  • Rakuten’s expanding footprint reaches America

    Online marketplace Rakuten Inc. has acquired Webgistix, a Las Vegas-based logistics and services company specializing in cloud-based fulfillment technology for e-commerce retailers. The acquisition is Rakuten’s second logistics investment outside of Japan and its first in the Americas. 

  • Mercent expands online portfolio with Shop.com

    CHICAGO, Ill. — Mercent, a leading technology company that enables retailers to reach and convert more shoppers online, has signed a strategic partnership with Shop.com, the e-commerce arm of Market America. 

    This latest partnership expands Mercent’s portfolio of online shopping destinations supported by its SaaS platform and offers leading retailers the ability to market and sell to millions of consumers on the Shop.com third-party marketplace.

  • Gymboree Corporation’s Q1 net sales dip

    SAN FRANCISCO — The Gymboree Corporation is looking to leverage the rebounding economy and trends for the rest of 2013, following a dip in its net sales for the first quarter ended May 4. 

    The company reported net sales of $293 million for the quarter, a 1.7% decrease from $298 million for the first quarter ended April 28, 2012. Comparable sales for the quarter decreased 5% versus the first quarter of the year prior.

  • Patriot Outfitters aligns channel strategy & tactics with NetSuite

    Topeka, Kan. -- Popular industry wisdom holds that channel alignment is mainly for the benefit of the consumer, who desires a seamless retail experience and does not want have to start from scratch every time they engage with a retailer via a new channel. While this holds true, channel alignment is also a crucial strategic and tactical necessity for back-end operations.

  • Value City launches social media contest

    Columbus, Ohio -- Value City Furniture and American Signature Furniture are launching a social media contest to promote their new e-commerce sites. Customers can win prizes for sharing favorite items from the retailers’ websites and sharing them on the Facebook, Twitter, Google Plus, Instagram and/or Pinterest accounts. Customers can enter through any or all of these social networks through July 1. The retailers, owned by American Signature Inc., are giving away up to $10,000 in free furniture as part of the contest.

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