Skip to main content

eCommerce

  • Thomson Reuters/U of Michigan shows climbing consumer confidence

    New York City -- The Thomson Reuters/University of Michigan preliminary index of consumer sentiment showed Friday that confidence among U.S. consumers rose more than forecast in December as Americans’ outlooks improved. 

    The index rose to 67.7, a six-month high, from 64.1 at the end of November. The median estimate of 73 economists surveyed by Bloomberg News called for a reading of 65.8. The gauge averaged 89 in the five years leading up to the recession that began in December 2007 and ended in June 2009. 

  • Verve Wireless: Electronics No.1 category shopped for on smartphones

    New York City -- Consumers and their smartphones are becoming inseparable when it comes to shopping, according to a survey by Verve Wireless, a mobile advertising company, which found that over 60% of respondents use their smartphone for shopping one or more times each month.

    The top three product categories shopped for on smartphones are electronics (51%), entertainment (50%), books (45%), closely followed by clothing (38%) and automotive (21%), the survey revealed.

    In other findings:

  • Barnes & Noble earns top rating in 2012 Corporate Equality Index

    New York City -- Barnes & Noble said Thursday it has earned the top rating of 100% for the fourth year in a row in the 2012 Corporate Equality Index, an annual survey administered by the Human Rights Campaign Foundation.

    Barnes & Noble joins the ranks of 190 other major U.S. businesses, which received top marks for their treatment of lesbian, gay, bisexual, and transgender employees and consumers.

  • Banana Republic opens in Paris

    PARIS — Gap Inc. announced the opening of its first Banana Republic store on Avenue des Champs Élysées in Pais, France. According to the company, the 15,952-sq.-ft. space will house the brand’s women’s and men’s collections and represents the most contemporary expression of the brand globally.

  • Brand presidents named for Dressbarn and Maurices

    Suffern, N.Y. -- Ascena Retail Group said Thursday it has appointed Jeff Gerstel as president of Dressbarn, and named George Goldfarb as president of its Maurices brand, both effective immediately.

    The new executives will report to David Jaffe, president and CEO of Ascena Retail Group.

    Gerstel joined Dressbarn in 2006 as senior VP operations and most recently served as executive VP and COO.

    Goldfarb joined Maurices in 1985, was named CFO in 2003, and most recently was its executive VP and COO.

  • Ten holiday consumer insights from Mintel

    Chicago -- With the holiday season in full swing, Mintel, a leading global supplier of consumer, product and media intelligence, has looked into its market intelligence to find out just what U.S. consumers do to make their holidays special.

    Here are 10 interesting insights:
     
    • Some 13% of U.S. consumers think a cell phone is a good gift for children aged 6-11, up from just 4% earlier this year.

  • New York ICSC show delivers positive attitude, movement

    New York City -- By all reports, the ICSC New York deal-making conference, held Dec. 5 and 6 in New York City, delivered what the retail and shopping center industries were waiting for: A sense of forward progress.

    Chain Store Age heard mostly positive comments from the show, such as “I haven’t seen this much deal action since 2006,” from one happy retail broker in the aisles of the New York Hilton meeting space. Mall developers unveiled redevelopment plans, and social media innovations and rollouts were the theme of the conference.

  • New line of home cleaning products hits Best Buy shelves

    BENTON HARBOR, Mich. — Whirlpool Corp. is launching Affresh Cleaners, a new line of advanced home cleaning products now available at Best Buy stores nationwide.

    "Keeping the kitchen clean has historically been a big chore, so we designed the new line of Affresh Cleaners to combat everyday spills and residue while making cleaning simple," said Wendeline Ortiz, brand manager of Affresh Cleaners.

    The new line includes:

X
This ad will auto-close in 10 seconds