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eCommerce

  • Sears gets out of "Great Indoors"

    HOFFMAN ESTATES, Ill.— Sears quietly added all nine of its Great Indoors stores to the list of store closings on Feb. 23.

    Store managers were informed last week, a Sears spokeswoman confirmed, but no exact date has been given for the closings.

    The upscale remodeling and home décor stores began opening in 1998, long before the Sears and Kmart merger. At one point, Sears operated 20 of the units, but they were never a big moneymaker for the company.

  • Overstock.com launches consumer information portal

    Salt Lake City -- Overstock.com on Tuesday announced the launch of a new consumer information portal: O.info. The website features blogs, reviews and buying guides to provide pre-purchasing information to consumers.

  • Long lines drive smartphone users away

    BOSTON — A survey sponsored by in-store commerce provider AisleBuyer found that nearly 40% of smartphone-carrying shoppers have abandoned their in-store purchases because of long lines, while 21% will abandon their purchases if there are no registers open.

  • Office Depot swings to profit in Q4

    Boca Raton, Fla. -- Office Depot Inc. reported Monday that it swung to a profit of $12.3 million in the quarter ended Dec. 31, compared with a loss of $108.6 million in the year-ago period.

    Revenue edged up to $2.97 billion in the quarter, from $2.96 billion last year, missing Wall Street’s expected break-even on $3 billion in sales. Same-store sales dropped 5%, due in large part to a move away from promotions to shore up profitability, said the company.

  • eBay boosts mobile offerings with new partnerships

    Barcelona -- eBay on Monday announced a number of strategic moves including a new partnership with major carrier Three.co.uk; integrations with merchants such as Yotel and Entradas.com; and mobile app updates that evolve mobile commerce selling and shopping experiences for consumers.

  • Catch the Wave: Quiksilver’s New 585 Boardriders flagship

    585 Boardriders, a new retail concept from Quiksilver Inc., is designed as the ultimate destination for surfers and those who aspire to the surf-inspired lifestyle. Housing clothes and accessories from the company’s various brands, including Roxy and DC, the 10,000-sq.-ft. store also stocks an extensive selection of boards and wetsuits.

  • Ahold purchases Dutch online retailer

    New York City -- Royal Ahold NV has agreed to acquire bol.com, the Netherlands’ largest online retailer, for about $470 million in cash.

  • White House | Black Market outlet to open at Legends Outlets Kansas City

    Kansas City, Kan. – OTB Destination announced that the area’s first White House | Black Market Outlet boutique will open at Legends Outlets Kansas City in May 2012.

    The women’s retailer will offer a collection designed specifically for the outlet boutique, while offering a select assortment of product from their full-price boutiques as well. The White House Black Market Outlet boutique will occupy an overall square footage of 2,955 next to Saks Fifth Avenue Off 5th.

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