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eCommerce

  • Report: Wal-Mart to test in-store lockers for online purchases

    New York -- Walmart plans to test the use of in-store lockers to hold goods ordered on its website until shoppers can pick them up, Reuters reported.

    Neil Ashe, president and CEO of the discounter’s global e-commerce division, discussed the test, which will get underway this summer in about 12 locations, On Tuesday at the chain’s e-commerce media day. The event was held at its global e-commerce offices in San Bruno, Calif. Ashe also said that Wal-Mart is set to surpass $9 billion in annual online sales this year.

  • Gordmans sales soft in Q4

    Regional department store operator Gordmans Stores reported disappointing fourth quarter sales and indicated 2013 is of to a slow start.

    Sales for the 14 week fourth quarter ended February 2 increased 9.4% to $202.5 million, but the gain was driven entirely by an additional week in the reporting period and the opening of nine new stores in four new markets and two new states. Same stores sales declined 4.1%.

  • Study: H&M luring the most new customers to its stores

    Boulder, Col. -- More consumers are trying new fashion retailers this year compared to last year – and most are buying when they do. H&M is the retailer that consumers reported visiting for the first time most often, followed by Kohl’s, Macy’s, Abercrombie & Fitch and Forever 21.

  • Wayside, Burlington, Mass.

    As part of a multi-phase revitalization of The Wilder Cos.’ Wayside property in Burlington, Mass., the company announced that Ethan Allen and Starbucks, along with Potbelly Sandwich Shop, will open in high-visibility locations.

  • Mid-America signs 68,000+ sq. ft. of home furnishings stores in Illinois

    Oakbrook Terrace, Ill. -- Mid-America Asset Management said it has signed three furniture/home décor stores to retail locations in Chicago’s suburbs of Oak Brook and McHenry as well as downstate in Bloomington, Ill.

    Ashley Furniture signed a lease for 31,573 sq. ft. at Colonial Plaza in Bloomington, Ill., with plans to open in spring 2013. Ashley Furniture will co-anchor the 236,460-sq.-ft. center along with Kmart and OfficeMax.

  • Promotions announced at Wayfair.com

    BOSTON — Wayfair.com, an online retailer of home products and furnishings, announced five executive leadership promotions Monday.

    Ed Macri was named SVP business intelligence and marketing, and John Mulliken was named SVP strategic initiatives. Additional executive promotions include Dave Raymond to VP operations process improvement, Laura Scott to VP supplier operations and Jeff Steeves to VP arketing.

  • Founder Schulze returns to Best Buy as chairman emeritus

    Minneapolis -- Shortly after abandoning buyout possibilities of his former company, Best Buy co-founder and former chairman Richard Schulze announced Monday that he is returning to the retailer as chairman emeritus.

    Schulze, who is Best Buy’s largest shareholder, is nominating two former Best Buy executives to join him on the board: former CEO Brad Anderson and former COO Al Lenzmeier.

  • Vitamin Shoppe makes international debut with Panama store

    Bergen, N.J. -- Vitamin Shoppe said Monday it has opened its first international franchised Vitamin Shoppe store, located in Panama City. The store, which opened March 4, is owned and operated by franchisee Reprico.

    "We're excited to partner with Reprico and bring the Vitamin Shoppe to Panama," said Musab Balbale, director of new business for the Vitamin Shoppe. "Our focus on delighting the customer with knowledge and great service will make us a trusted source for our customers in Panama."

     

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