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  • DSW makes sales strides

    COLUMBUS, Ohio -- Label-lovers aside, designer shoes -- even discounted designer shoes -- are considered discretionary items by most consumers, and the fact that DSW had such a strong quarter is indeed a good sign that the middle-income consumer is feeling more confident about her economic situation.

  • Sears Holdings awarded top EPA honor

    HOFFMAN ESTATES, Ill. -- Sears Holdings announced that it has been named the 2011 Energy Star Partner of the Year (Product Retailer Category) by the U.S. Environmental Protection Agency (EPA). This is the second year running that Sears Holdings has been awarded this honor for empowering its customers to reduce greenhouse gas emissions and through its numerous initiatives focusing on educating customers about energy-efficient products.

  • 15 Bloom locations to convert to Food Lion

    Salisbury, N.C. -- Delhaize America said Monday it plans to convert all of its Bloom stores in North and South Carolina to the Food Lion banner, with the exception of one Bloom store in Mauldin, S.C., that will close.

    According to a report by Supermarket News, the 15 Bloom locations in the Charlotte and Greenville, S.C., markets will be converted "as quickly as possible."

  • Williams-Sonoma reports record earnings growth

    San Francisco -- Williams-Sonoma announced that net revenues for fourth quarter 2010 increased 9.7% to $1.195 billion versus $1.09 billion in fourth quarter 2010, including Internet net revenue growth of 27.2% and a comparable-store sales increase of 5.2%.

    Diluted earnings per share on a GAAP basis were $1.05 for the quarter, compared with 81 cents for the same period last year.

  • Earnings, comps up at DSW

    Columbus, Ohio -- DSW has announced net income of $18.5 million on net sales of $468.5 million for the fourth quarter ended Jan. 29, compared with net income of $13.4 million on net sales of $402.6 million for the quarter ended Jan. 30, 2010. Same-store sales increased 14.9% for the comparable period versus an increase of 12.9% last year. 

    Diluted earnings per share were 41 cents for the fourth quarter of fiscal 2010 compared with diluted earnings per share of 30 cents last year.

  • Family Dollar a hot commodity

    MATTHEWS, N.C. -- Family Dollar today showed why dollar stores are such a hot commodity right now by reporting a comparable-store sales increase of 5.1% for the second quarter ended Feb. 26. Net sales for the quarter increased 8.3% to $2.26 billion from $2.09 billion last year. According to the company warmer weathr earlier in the year as well as strong performance in its consumable and seasonal categories helped drive sales. 

  • Macy's announces newest designer for capsule collection

    NEW YORK -- Macy’s announced Matthew Williamson as the second acclaimed fashion designer to take part in the designer capsule collection series for the retailer’s contemporary fashion Impulse department. Sold in approximately 225 Macy’s stores nationwide and on macys.com beginning April 13, Williamson’s collection will include dresses, tops, scarves and unique leather and suede pieces.

    Price points for the collection will range from $50 to $120, with specialty pieces selling up to $300. 

  • Chico's names SVP marketing

    FORT MYERS, Fla. -- Chico's announced that Celia Rao Visconti has been named SVP marketing for Chico's. Rao Visconti will report directly to Cinny Murray, brand president of Chico's and will oversee the brand's marketing strategy and initiatives.  

  • Children's Place gets new head designer

    SECAUCUS, N.J.  -- The Children's Place Retail Stores has announced the appointment of Michael Giannelli as SVP design, effective March 28, 2011. He will report to Natalie Levy, EVP merchandising and design.

    Giannelli spent 18 years with Gap Inc., culminating in his appointment as VP Gap Body. For 12 years of his tenure with the company, he designed children's apparel and non-apparel for Gap Kids and Baby Gap. Most recently, Giannelli held the position of SVP design for Ann Taylor Loft. 

  • Target by the numbers

    Target recently filed its annual report on form 10-K with the Securities and Exchange Commission. Here’s a look at some interesting facts and figures contained in the document:

    • Target employed 355,000 “team members,” last year, a figure that swells to 400,000 during the holidays.

    • The company operated 37 distribution centers, including four food distribution centers and maintains 27 international sourcing offices in 18 countries

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