Skip to main content

eCommerce

  • Study: Consumers more loyal to retail stores and products than brands

    Denver -- When consumers search for online coupons and savings, 62% search for store-centric deals, 24% for product-specific coupons, and only 14% search specifically for brand name product discounts online, according to the first Buy-havior Report, from coupon-search engine ShopAtHome.com. The report tracks consumer search habits on the site.

    Of the 62% of consumers looking for store-centric savings, Wal-Mart was the most-searched for retailer followed by Kohl’s and Target, respectively.

  • Opening date set for Cabela's newest location

    A soon-to-open Cabela’s store in Rogers, Ark., will test the viability of a large format store in a small market.

    The opening of the 100,000-sq.-ft. Cabela’s store is slated for Thursday, August 30 and was strategically timed to kick off the Labor Day weekend. A ribbon cutting planned for 8:45 will be followed by appearances from outdoor personalities and celebrities, family events and merchandise giveaways.

  • Bed, Bath & Beyond tender offer for Cost Plus shares is successful

    Union, N.J. -- Bed Bath & Beyond Inc. announced that its tender offer for the outstanding shares of common stock of Cost Plus was successful.

    The company said Friday that about 20.8 million shares representing about 92% of Cost Plus' outstanding stock were tendered. The company currently has approximately 22.5 million outstanding shares, according to FactSet.

    Cost Plus will become a Bed Bath & Beyond subsidiary and will stop trading on the Nasdaq the first business day after the deal closes.

  • Report: Consumers more loyal to retail stores and products than brands

    Denver -- When consumers search for online coupons and savings, 62% search for store-centric deals, 24% for product-specific coupons, and only 14% search specifically for brand name product discounts online, according to the first Buy-havior Report, from coupon-search engine ShopAtHome.com. The report tracks consumer search habits on the site.

    Of the 62% of consumers looking for store-centric savings, Wal-Mart was the most-searched for retailer followed by Kohl’s and Target, respectively.

  • Report: Tesco could exit U.S. if Fresh & Easy doesn’t improve

    New York -- U.K. retailing giant Tesco PLC could give up its American supermarket venture, Fresh & Easy Neighborhood Market, if the chain continues to disappoint and not make a profit, RetailWeek and other British news organizations reported.

    In remarks at the company’s annual meeting on Friday, Tesco CEO Philip Clarke said: “If we see there is no chance of success, we’ll do as we’ve just done in Japan,” referring to Tesco’s deal this month to exit that market.

  • Disney Store takes Oracle’s Innovator of the Year award

    New York -- Disney Store was honored as Innovator of the Year at the 2012 Oracle Retail Excellence Awards. The awards were announced at the annual Oracle Retail CrossTalk event, held June 26-28, at Swissôtel, Chicago.

    Other Oracle award recipients included Urban Outfitters, in the category of “Outstanding Achievement in Customer Experience,” and Abercrombie & Fitch, in the category of “Outstanding Achievement in Business Performance.”

  • Mexican and Chilean operations among Latin America’s top BrandZ

    Walmart’s Bodega Aurrera stores in Mexico and Lider stores in Chile are among the most valuable Brands in Latin American, according to an extensive new report by global communications giant WPP.

  • Finish Line Q1 profit falls on costs but still beats Street

    New York -- The Finish Line Inc. said Friday its fiscal first-quarter profit fell 25% as higher costs offset sales growth.

    For the quarter ended June 2, the company earned $12.3 million, just beating Wall Street expectations, down from $16.4 million in the year-ago period.

    Sales rose 6.5% to $319 million, from $299.5 million. Same-store sales were up 8%.

    The company's cost of sales rose 9.3% to $214.4 million. Selling, general and administrative expenses increased 11% to $84.8 million.

X
This ad will auto-close in 10 seconds