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eCommerce

  • FedEx gets ready for holiday push; expects Cyber Monday to be busiest day

    New York -- FedEx expects to transport more than 22 million shipments around the world on Cyber Monday, Dec. 2, which it anticipates will be its busiest day in company history. The 11% year-over-year increase will be driven by online retailers feeding the FedEx Ground and FedEx SmartPost networks.

  • Groupon adds Shutterfly CEO to board

    Groupon has elected Jeffrey Housenbold, president and CEO of Shutterfly, to the company’s board of directors.

    “We are thrilled to welcome Jeffrey to the Groupon board,” said Ted Leonsis, chairman. “He brings tremendous expertise and energy, as well as a demonstrated history of innovation and leadership. We look forward to his perspective as Groupon continues to grow and evolve.”

  • Regency announces Glenview, Ill., development

    Chicago — Regency Centers Corp. has announced the development of Glen Gate, a 102,876-sq.-ft. shopping center located in Glenview, Ill., a North Shore suburb of Chicago. A 75,564-sq.-ft. Mariano’s Fresh Market, slated to open next fall, will anchor the development. The center will have one out-lot with an additional 24,000 sq. ft. for retail and restaurants.

  • Reports: Men’s Wearhouse considers Allen Edmonds purchase

    Houston – After rejecting a $2.3 billion buyout offer from Jos. A. Bank, Men’s Wearhouse reportedly is considering purchasing men’s shoemaker Allen Edmonds Corp., according to reports by the New York Times, Wall Street Journal and others. The high-end footwear is owned by private equity firm Goldner Hawn Johnson & Morrison, which bought it seven years ago.

    It wasn’t clear how — or if — a deal for Allen Edmonds would impact on Jos. A. Bank’s offer.

  • Two new locations for Nordstrom Rack

    Seattle -- Nordstrom announced two new locations for Nordstrom Rack, one in Columbus, Ohio, and one in Tulsa, Oak.

    Nordstrom Rack will open at Sun Center in Columbus, Ohio. The approximately 37,890-sq.-ft. store is scheduled to open in spring 2014.

    Nordstrom currently operates a full-line store in Columbus at Easton Town Center. The company opened the first Nordstrom Rack in the area at Easton Market on September 12, 2013.

  • FedEx prepares for surge in holiday shipments

    FedEx anticipates moving more than 22 million shipments around the world on Cyber Monday, Dec. 2 —its busiest day in company history. The 11% year-over-year increase will be driven by online retailers feeding the FedEx Ground and FedEx SmartPost networks.

  • True Religion strengthens merchandising team

    True Religion Apparel has appointed Rosella Giuliani as SVP of merchandising. In her new role, Giuliani will partner with CMO Lynne Koplin and creative director Gary Harvey to shape True Religion’s merchandising across the company’s platforms.

    Giuliani will report to Koplin. Steve Horak will join the company as SVP of planning and allocation with responsibility for the brand’s product distribution, effective Nov. 4. He will report to CFO and COO Eric Bauer.

  • Survey: Holiday shoppers seek deals, make plans

    Austin, Texas - The current state of the economy will drive 41% of consumers to look for ways to save money on their holiday shopping this year, seeking out bargains and coupons. According to the new annual holiday shopping and coupon usage survey from Offers.com, about half of people (51%) make a holiday gift list, and 62% set a budget for their holiday gift shopping.

    Other holiday-related findings from the survey include:

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