Skip to main content

eCommerce

  • A rare misstep for Dick’s Sporting Goods

    The addition of new stores and a 3.8% same-store sales increase enabled Dick’s Sporting Goods to report record second-quarter results, so long as a botched investment in a leading U.K retailer is excluded.

    Sale for the quarter ended July 28 increased 10% to $1.4 billion due primarily to a 3.8% comps increase combined with the addition of four new stores. The 3.8% increase consisted of a 2.9% increase at Dick’s Sporting Goods stores, a 4.4% increase at Dick’s Golf Galaxy stores and a 34.6% increase in the company’s e-commerce business.

  • Walmart joins 'Hunger Games' phenomenon

    BENTONVILLE, Ark. — Lest anyone think Walmart would miss out on the opportunity to cash in on the "Hunger Games" phenomenon, the company has followed suit with Target and Toys"R"Us in offering a unique experience for fans.

  • Online retail continues to show strength

    RESTON, Va. — U.S. online retail recorded its eleventh consecutive quarter of positive year-over-year growth and seventh consecutive quarter of double-digit growth, according to ComScore.

    U.S. online retail spending reached $43.2 billion for the second quarter, up 15% over a year ago, according to ComScore.

  • Express eyes international growth

    Specialty retailer Express expects to have its first stores in Latin America open by year end.

  • Sam's Club extends credit relationship with GE Capital Retail Bank

    STAMFORD, Conn. — Sam's Club has extended its relationship with GE Capital Retail Bank, a consumer lending unit of General Electric Company. GE Capital Retail Bank will continue providing the Sam’s Club credit card program to their Advantage and Business Members. GE Capital’s Retail Finance business, the operating entity that provides financial solutions to retailers to help grow their customer sales, will continue to manage the Sam’s Club relationship and service the account.

  • Bharti Walmart puts online on hold

    Bharti Walmart, Walmart's joint venture in India, has reportedly ended plans to start online operations and has fired Dippankar Halder, who was in charge of the division.

    However, a spokeswoman for the company, according to The Economic Times, denied the reports and said that Bharti Walmart will continue to serve its members multiple ways, including through the e-commerce channel.

  • Advance Auto sales, EPS down on weak consumer demand

    ROANOKE, Va. — Advance Auto Parts reported an 8.2% decrease in its second quarter earnings per diluted share to $1.34 from $1.46 for the same period last year.

  • Newgistics buys fufillment provider

    AUSTIN, Texas — Newgistics, a provider of small parcel delivery, returns management and freight shipping services, has acquired AtLast Fulfillment, a Colorado-based provider of fulfillment and warehousing solutions.

X
This ad will auto-close in 10 seconds