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eCommerce

  • Roundabout takes third Manhattan location

    New York — Faith Hope Consolo, chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group, have arranged a third Manhattan location for Roundabout, a luxury consignment and resale retailer.

    The new location between 82nd and 83rd Streets is also the brand’s second Madison Avenue store.

     

  • Costco co-founder Jim Senegal to receive NRF Gold Medal Award

    Washington, D.C. - Jim Sinegal, Costco co-founder and board member, will receive the Gold Medal Award in 2014 during the National Retail Federation (NRF) Annual Conference and Expo in New York City. In addition, NRF has named South Korea’s Lotte Shopping as the International Retailer of the Year.

    Nike has been named Retail Innovator of the Year, and Half Price Books’ Executive VP  and chief strategy officer Kathy Doyle Thomas has been selected as 2014’s Silver Plaque recipient.

  • Comps and debt grow at Container Store

    The Container Store posted a better than expected profit performance during its first quarter as a public company but offered a full year outlook analysts found underwhelming.

  • Loehmann’s commences going-out-of-business sale Jan. 9

    New York -- After almost 93 years, off-price specialty retailer Loehmann's is going out of business.

    On Jan. 7, the U.S. Bankruptcy Court in Manhattan approved an order authorizing a joint venture formed by SB Capital Group, LLC, Tiger Capital Group, LLC, and A & G Realty Partners, to conduct "Going Out of Business" sales in each of Loehmann's 39 locations in 11 states and the District of Columbia.  

  • Design Within Reach selects NetSuite

    Stamford, Conn. -- Design Within Reach, Inc., a multi-channel retailer of modern furniture, selected NetSuite as its core business management platform to support the company's growth. Design Within Reach plans to begin by leveraging NetSuite to power its core financials/ERP, inventory management, point-of-sale and order management processes.

  • A holiday headache for Bed Bath & Beyond

    Soft sales at leading home goods retailer Bed Bath & Beyond led to a puny comp increase of 1.3%, lower than expected third quarter profits and a downward revision to fourth quarter expectations.

  • J.C. Penney ‘pleased’ with holiday performance, but offers no sales data

    Plano, Texas -- J.C. Penney issued a brief statement on Wednesday saying that it was "pleased” with its performance for the holiday selling period, and reaffirmed its fourth quarter fiscal 2013 guidance for increased same-store sales. But the retailer did not provide any specific sales data.

  • ShopperTrak: December 2013

    Despite the short holiday season, December was still the biggest shopping month of the year.

    Shopper traffic up more than one-third over November

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