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eCommerce

  • 'Showrooming' remains a problem for retailers

    WHITING, Ind. — An online consumer survey shows that nearly half of consumers go into brick-and-mortar stores with their smartphones to research items without buying them and then looked for the same item at a lower price online.

    The 2,361-adult survey, conducted by Harris Interactive on behalf of CouponCabin.com between Sept. 18 and 20, found that 43% of smartphone and tablet owners have engaged in the practice, known as "showrooming."

  • Toys 'R’ Us extends holiday layaway; announces 'pay it forward' donations

    Wayne, N.J. -- Toys “R” Us announced that it is extending its free layaway program through Dec. 16, due to significant positive response by consumers. The free offer was originally slated to end on Oct. 31. The chain was the first retailer to offer free layaway, starting in September. Since then, other companies have also stepped up with enhanced layaway programs, including Walmart and Kmart.

  • Second Time Around adding new locations

    NEW YORK -- Consignment chain Second Time Around (STA) announced it is opening three more stores in Manhattan this October, all on the city’s Upper East Side.   

    The new locations will bring the company to 36 stores nationwide, with the figure expected to grow to 40 by year end.

  • Amazon.com releases hot toy list

    SEATTLE — Another day, another toy list, this time from Amazon.com. The company has launched its 2012 holiday toy list and corresponding web page, where customers can discover hundreds of this year’s most popular and top rated toys, books, video games, electronics, movies, sporting goods and more.

  • eBay delivers strong revenues in Q3

    SAN JOSE, Calif. — Revenue at eBay rose 15% to $3.4 billion for the third quarter ended Sept. 20 from the the same period last year. The company reported third quarter net income on a GAAP basis of $597 million, or 45 cents per diluted share, and non-GAAP net income of $718 million, or 55 cents per diluted share. GAAP and non-GAAP net income were up 22% and 14%, respectively, year over year due primarily to strong top-line growth.

  • Uniqlo to launch U.S. online shopping

    New York -- Uniqlo, a division of Japan's Fast Retailing Co. Ltd, will launch its U.S. e-commerce site next week, a crucial part of its drive to earn $10 billion in overall North American sales by 2020, Bloomberg reported.

    "By opening this e-commerce site now, we are able to cater to customers across the United States," said Uniqlo USA CEO Shin Odake in the Bloomberg report.

    Uniqlo currently has five U.S. locations, including new sites in San Francisco and New Jersey, along with its other three in Manhattan.

  • Hudson's Bay files prospectus for IPO

    New York -- Hudson's Bay Co. announced that it has filed a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of common shares. The company, which has been owned by NRDC Equity Partners since 2008, operates U.S. department store chain Lord & Taylor, along with The Bay and Home Outfitters chains in Canada.

  • Nordstrom supports gay marriage

    NEW YORK -- Nordstrom has joined such other Washington-based retailers as Starbucks Coffee Company and Amazon.com in coming out in support of  approving Referendum 74, a Washington state ballot measure that seeks to affirm same-sex marriage with voters. (In July, Amazon CEO Jeff Bezos and his wife, MacKenzie, pledged $2.5 million in support of the measure.)
     

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