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eCommerce

  • Stein Mart growing amid unresolved financial issues

    JACKSONVILLE, Fla. — Department store retailer Stein Mart remains in non-compliance with NASDAQ listing requirements for failing to file its most recent quarterly report, but the company appears to be doing fine otherwise.

  • PriceGrabber: Consumers to check off most shopping in December

    Los Angeles -- Survey results released Wednesday by PriceGrabber found that with a record 247 million shoppers visiting stores and websites over the Thanksgiving weekend, there are still a significant number of December shoppers this year.

  • Vintage Real Estate acquires Heritage Mall

    Albany, Ore. -- Vintage Real Estate announced that the company has acquired Heritage Mall, located in Albany, Ore.

    The 406,500-sq.-ft. mall features more than 50 major retailers, boutiques and restaurants including Target, Sears, Ross Dress for Less and Old Navy, Maurice’s, rue 21, Zumiez, Famous Footwear, Game Stop and Bath & Body Works. It was remodeled in 2006 and is 50% occupied.

  • Claire's makes Italy and Luxembourg debuts

    Chicago -- Claire's Stores announced Wednesday the recent opening of company-owned-and-operated Claire's stores in Italy and Luxembourg, bringing the retailer’s European presence to 15 countries.

    According to Claire’s European president Beatrice LaFon, the first Italian store was opened in the Milan Fiordaliso shopping centre, and the first Luxembourg store was opened in Esch Sur Alzette on Rue de l'Alzette.

    During December, the company said it also plans to enter Indonesia on a franchise basis.

     

  • Top names in office essentials zero in on small businesses

    SAN FRANCISCO — Office Depot, FedEx Office and Go Daddy are anxious to tap into the small office and home office businesses market, which has been enjoying rapid growth and change. To that end, the three have formed a partnership with Planet Soho, a provider of user-friendly online management tools and services for the SOHO market.

  • Shop.org: Retailers planning last-minute holiday shipping rush

    Washington, D.C. -- A report released Wednesday by Shop.org, a division of the National Retail Federation, found that retailers are in tune with the last-minute shipping intentions of the average consumer.

    According to Shop.org’s 2012 eHoliday Study conducted by BIGinsight, 45.7% of retailers will end standard shipping promotions by Monday, Dec. 17, in direct response to the average consumer’s tendency to wait until the last minute to finish holiday shopping.

  • Costco sales and profits top Street

    Issaquah, Wash. -- Costco Wholesale Corp. reported Wednesday that net income for the quarter ended Nov. 25 rose 30% to $416 million, compared with $320 million in the year-ago period and surpassing analysts’ forecasts.

    Sales increased 9.6% to $23.71 billion from $21.2 billion, beating Wall Street’s estimated $22.11 in revenue. Same-store sales increased 6% domestically and 7% internationally, excluding fuel sales and foreign exchange effects.

  • Lane Bryant launches shopping technology and site optimization for iPad

    Columbus, Ohio -- Lane Bryant said Wednesday it has unveiled enhancements to its online shopping experience with the shopping tool ‘Just For You.’ In addition, the brand has enhanced its mobile browsing capabilities to create a seamless shopping experience from an iPad mobile device.

    “The introduction of these tools is just another way we continue to offer our guest a customized and enhanced shopping experience just for her,” said Liz Crystal, CMO.
     

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