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eCommerce

  • Tuesday Morning names COO

    Dallas -- Tuesday Morning Corp. announced the appointment of John C. Rossler as executive VP, COO, effective immediately.

    Rossler has been serving as an executive advisor to Tuesday Morning since October, 2012, and his focus has been primarily on operational efficiencies, including overall cost control, supply chain and real estate.

  • Walmart announces $450 million expansion in Canada

    New York -- Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (February 1, 2013 to January 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada. 

  • Ahold U.S. thrives in Hurricane Sandy's wake

    AMSTERDAM, the Netherlands — Dutch retailer Ahold reported that sales at its U.S. operations rose 4.3% to $6.1 billion during the fourth quarter, thanks to efforts to keep stores open during Hurricane Sandy.

    Identical-store sales for U.S. stores rose 2.4%, and comparable-store sales were up 2.8% during the fourth quarter.

    Net sales at U.S. stores for the year increased 3.1% to $25.8 billion. Idents rose 1.4% for the year, while comps were up 1.9%, 

  • JustFab.com to make kids fabulous

    EL SEGUNDO, Calif. — JustFab, a leading fashion-subscription e-commerce site and lifestyle fashion brand, has acquired children's fashion brand and personalized e-commerce service, FabKids.

    JustFab is headed by president and creative director Kimora Lee Simmons. FabKids was launched by ShopStyle founder and serial entrepreneur, Andy Moss, and mom and actress Christina Applegate, in August 2012.

  • Ikea given approval to open stores in India

    Delhi, India -- A Monday report by Bloomberg said that Ikea has received the go-ahead from the Indian government to open outlets in the country, making it perhaps the first major foreign retailer to set up its own stores in the region.

    The Swedish furniture retailer was cleared by the Foreign Investment Promotion Board, according to a statement by Commerce Minister Anand Sharma. The approval is a turnaround for the Indian government which last year barred Ikea from operating cafes and limited retail wares it could sell in stores.

  • Epicure to anchor mixed-use retail at Gables Ponce

    Miami Beach, Fla. -- Terranova Corp. said Friday that Epicure Gourmet Market & Cafe will open a 24,000-sq.-ft., ground-floor location at Gables Ponce, a mixed-use project located in Coral Gables, Fla.
     
    Epicure, based in Miami Beach, will anchor the ground-floor retail of the 248-unit residential project being built by Gables Urban.
     

  • Ahold records 7.5% rise in Q4 sales

    Amsterdam -- Ahold reported Friday that sales for the fourth quarter rose 7.5% to $10.4 billion, boosted largely by its ability to keep U.S. stores open during Hurricane Sandy, said the company. Same-store sales advanced 2.8%.

    Its U.S. business includes the Stop & Shop, Giant-Landover and Giant-Carlisle supermarket banners and the Peapod online grocery service. Ahold posted fourth quarter sales of $6.1 billion in the U.S., marking a 4.3% rise over the year-ago period.

    For the full fiscal year, sales increased 8.5% to $43.6 billion.

  • Retailers well represented on limited ‘Best Companies’ list

    Wegman’s, Whole Foods, Nordstrom and Men’s Wearhouse were among the 14 retailers included on the 2013 edition of Fortune’s 100 Best Companies to Work for.

  • Shoppers get e-satisfaction from luxury retailers

    ANN ARBOR, Mich. — Luxury shoppers are more likely to use mobile channels when shopping but are slightly less satisfied with e-commerce overall, according to the Luxury E-Retail Satisfaction Index released by customer experience analytics firm ForeSee. Luxury brands have an aggregate score of 77 on the study's 100-point scale, falling just short of the average score of the top 100 online retailers overall (78).

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