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  • Soft demand for firearms and ammo affects Big 5’s first quarter

    Reduced demand for firearms, ammunition and related products, as well as weak sales of winter-related products thanks to unseasonably warm and dry conditions in most of the company's western markets affected Big 5 Sporting Goods Corporation’s performance in the first quarter ended March 30.

  • Walmart in deal with online car insurance site

    Bentonville, Ark. – Wal-Mart is working with Autoinsurance.com to offer customers in Arkanas, Louisiana, Mississippi, Missouri, Oklahoma, Pennsylvania, Tennessee and Texas an auto insurance comparison service. AutoInsurance.com provides customers with multiple quotes from national insurance carriers including Progressive, Esurance, Safeco, The General and others within minutes.

    Wal-Mart plans to offer the service nationwide in the coming months. The launch of this service stems from a successful pilot that took place in Pennsylvania during 2013.

  • How to Optimize Fulfillment for Peak-Season Omnichannel Orders

    By Mike Gregory, Kurt Salmon

    As consumers busy themselves with spring gardening and plans for summer travel, their favorite retailers are already planning for back-to-school and the 2014 holiday season. And after delivery delays during holiday 2013 left many customers fuming, a core issue for retailers is how to optimize their peak-season order fulfillment and related customer service.

  • Aéropostale exiting malls with youth format

    Teen specialist Aéropostale lent credence to the “malls are dying” voices by announcing the closure of 125-mall based stores and the elimination of 100 headquarter positions.

    Citing changing shopping patterns among moms, Aéropostale said it planned to close 125 of its 150 P.S. from Aéropostale stores which focus on kids ages four through 12. The move is part of a larger cost reduction program related to a turnaround strategy that is expected to result in annual savings of $30 to $35 million.

  • REI members elect two new directors

    REI's members recently elected two new directors to represent their interests on the co-op's board of directors. The national outdoor gear and apparel retailer held its annual members' meeting on April 28 at its iconic flagship store in downtown Seattle, where the voting results were announced.

    Co-op members elected Karen E. (Kari) Glover and Sharon Philpott to three-year terms and re-elected Cheryl Scott to a three-year term. Earlier in the year, the REI board re-appointed Chloe Harford and Matt Compton to one-year terms.

  • Hhgregg hires RadioShack exec as COO

    Indianapolis – Hhgregg Inc. has hired Troy H. Risch as COO. Risch joins Hhgregg from RadioShack, where he served as executive VP of store operations.

    Prior to this, Risch held a variety of operational leadership positions with Target Corp., including executive VP of stores. Risch will assume the COO position on May 5, 2014.

  • Taxes result in Q1 net loss for EBay

    San Jose, Calif. – A $3 billion tax charge on foreign profits resulted in EBay Inc. reporting a net loss of $2.33 billion for the first quarter of fiscal 2013, compared to net earnings of $677 million in the first quarter of the previous fiscal year. Analysts had expected EBay to report net earnings for the quarter, although EBay paid the tax charge in the process of making about $6 billion in offshore cash available.

  • Eyebuydirect launches new e-commerce site

    Austin, Texas - Online prescription eyewear retailer Eyebuydirect.com (EBD) has launched a new website featuring with more than 1,200 customizable frames. EBD has streamlined the online shopping experience for prescription glasses with the Eye Try tool, which allows customers to upload a photo of themselves in order to virtually try on any pair of frames available on the site.  
    Each pair of glasses is adjusted according to the individual’s pupillary distance (PD) and eye alignment.

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