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eCommerce

  • Gap, Ebay, Costco among retailers on Most Ethical list

    Gap Inc., Ebay, Safeway, Wegmans, Whole Foods, Costco, Target, Best Buy and OfficeMax were all named to Ethisphere Institute’s World’s Most Ethical Companies list.

    The companies were chosen based on an evaluation of a questionnaire provided by Ethisphere to determine each company’s Ethics Quotient (EQ).

    Companies were evaluated for their own ethics policies and enforcement of such policies, ethical track record and reputation in the market place, corporate governance, corporate responsibilities and culture of ethics.

  • Kirkland's CEO to retire

    NASHVILLE, Tenn. — Home decor retailer Kirkland's announced that Robert Alderson, the company’s long-time president and CEO, has advised the board of directors of his intention to retire from the company at the end of fiscal 2013, or approximately Feb. 1, 2014.

  • Google tops list of 10 most influential brands

    New York -- Google came out on top, followed by Amazon and Apple, in a new survey by market research company Ipsos called “The Most Influential Brands in the United States 2013.” The survey, which asked U.S. consumers to rate 100 leading brands on a wide variety of attributes, determined that the dimensions or factors that drive a brand’s influence are: engagement; trustworthy; leading edge; corporate citizenship; and, presence.

  • Target buys two online kitchenware chains

    Minneapolis -- Target Corp. has made two e-commerce acquisitions aimed at expanding its presence in the growing cooking and kitchenware market. The retailer said it has acquired CHEFS Catalog and assets of Cooking.com in two separate transactions.  

  • University Commons breaks ground, Publix and Walmart to anchor

    Knoxville, Tenn. -- CHM announced that it has broken ground on Knoxville’s first urban, vertical retail complex, University Commons.

    The Publix- and Walmart-anchored shopping and dining center will cover 12+ acres, with 211,000 sq. ft. of retail space and parking. Besides the two anchors, an additional 40,000 sq. ft. will be dedicated to smaller retailers and service providers once the project is completed.

  • Michaels Stores Q4 profit rises 15%

    Irving, Texas -- Michaels Stores said its fourth-quarter profit rose 15%, boosted by higher sales.
       
    For the three months ended Feb. 2, the company said net income rose to $112 million, up from $97 million in the year ago period.

    Revenue rose 9% to $1.52 billion, helped by an extra week in the quarter. Same-store sales increased 1.7%, with a 2.3% increase in the average ticket.

    For the year, net sales increased 15% to $4.41 billion. Net income totaled $214 million, up from $176 million in fiscal 2011.

  • Bongo helps online wholesaler go international

    SCOTTSDALE, Ariz. — DollarDays.com, an online wholesale distributor, has recently joined forces with Bongo International to offer customers located worldwide the same discounts and service that U.S. clients have enjoyed for over 12 years. Bongo International is a global e-commerce solution providing U.S. retailers access to international markets with no change to their current operations.

  • Dick's hunts for growth with new outdoor concept

    Dick’s Sporting Goods first Field & Stream outdoor specialty store is scheduled to open this fall in the Pittsburgh suburb of Cranberry Township.

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