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eCommerce

  • comScore: Q1 digital spend hits $63.4 billion; desktop up 12%, mobile 23%

    Reston, Va. -- Desktop e-commerce spending in the first quarter of 2014 rose 12% year-over-year to $56.1 billion, marking the eighteenth consecutive quarter of positive year-over-year growth and fourteenth consecutive quarter of double-digit growth, according to comScore. M-commerce spending on smartphones and tablets added $7.3 billion for the quarter, up 23% vs. year ago, for a digital commerce spending total of $63.4 billion in the first quarter.

    Other highlights from the first quarter included:

  • What Walmart’s working on now

    Walmart’s first quarter sales were not great, but longer term success could be driven by an interesting range of pilot programs and expanding initiatives the company shared during a recap of its results.

  • Nordstrom Q1 profit slips but tops estimates; 20 stores on tap by year-end

    Seattle -- Nordstrom Inc.’s net income for the first quarter fell 3% to $140 million from $145 million in the year ago period, reflecting heavy investments in technology to support omnichannel initiatives and the retailer’s debut in Canada. Its earnings still topped Street views. The company plans to open three full-line stores and 17 Nordstrom Rack stores during the remainder of fiscal 2014

  • eBay Enterprise upgrades mobile solutions

    eBay Enterprise has released the latest versions of Magento Enterprise Edition (version 1.14) and Community Edition (version 1.9). Both editions include a new responsive reference design theme, Bill Me Later as a payment option and PayPal Express Checkout improvements.

    Magento Enterprise Edition will also include faster search indexing. The upgrades make it easier and less expensive for retailers to provide seamless mobile experiences and provide new payment options for customers, improving conversion rates and sales.

  • Costco opens in Spain

    New York -- Costco Wholesale Corp. has opened its first store in continental Europe, a 140,000-sq.-ft. location in Seville, Spain.

    Costco will follow it up with a store in Madrid, according to media reports.

     

  • Dillard’s sidesteps stubborn winter in first quarter

    While other retailers saw sales affected by a winter that overstayed its welcome, Dillard’s marked its 15th consecutive quarter of positive sales.

    Despite weak sales in home and furniture, Dillard’s said sales trends in the first quarter were strongest in the men’s apparel and accessories category and the juniors’ and children’s apparel category followed by ladies’ accessories and lingerie.

  • Retail Coming Attractions

    New York -- From indie favorites to mass-market British brands, here are seven retailers getting ready to make their U.S. brick-and-mortar debut:

    1. Nasty Gal

  • Dillard’s posts positive Q1 results

    New York -- Dillard’s marked its 15th consecutive quarter of positive sales.

    Despite weak sales in home and furniture, Dillard’s said sales trends in the first quarter were strongest in the men’s apparel and accessories category and the juniors’ and children’s apparel category followed by ladies’ accessories and lingerie.

    The retailer reported total merchandise sales for the quarter of $1.539 billion, a 1% increase from $1.530 billion for the prior-year period. Comparable-store sales increased 2%.

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