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eCommerce

  • Hasbro deal puts some giddy-up in toy sales

    With the promise of mesmerizing merchandise, an exclusive assortment of My Little Pony products are receiving special toy department treatment at Target this week. The popular Hasbro property is based on a talking unicorn pony and her unique collection of friends, which has made “My Little Pony Friendship is Magic” that airs on Hasbro-owned channel The Hub the number one television show for kids ages two through 11.

  • Accenture survey: Discounters continue to dominate back-to-school shopping

    New York City -- Discount stores will continue to dominate as the destination for the majority of consumers’ back-to-school dollars this year, with office supply stores also remaining strong, according to a survey by Accenture on parents’ back-to-school shopping plans. The majority of parents (59%) will spend between $100 and $500 on back-to-school shopping this year, with 21% of consumers saying they plan to spend more than $500 this year. That’s down from 28% in 2010, indicating a decline in spending on the big ticket items for school.

  • Internet retailers get dealt taxing blow

    WASHINGTON — Amazon and other online-only retailers have been dealt a major blow, as legislation introduced last week seeks to require such retailers to collect sales tax.

    The Main Street Fairness Act would allow states that have adopted the Streamlined Sales and Use Tax Agreement to require out-of-state sellers to collect sales tax whether they have a physical presence in their state or not. The bill would cover all “remote sellers,” which include online retailers, catalog merchants and “1-800” offers on radio and television.

  • Sears Holdings names Land's End leader

    HOFFMAN ESTATES, Ill. — Sears Holdings announced that Edgar Huber has joined the company as CEO and president of Lands' End.  Huber is responsible for driving growth and profit opportunities for Lands' End, as well as continuing to drive the culture that provides customers with the quality, value and service that the brand has long been known for.  He was most recently EVP global business development for Liz Claiborne Inc.

  • Whole Foods Market signs lease in Virginia Beach

    New York City -- Whole Foods Market plans to open a store in Virginia Beach, Va.

    The retailer recently signed a lease with S.J. Collins Enterprises for the construction of a 40,000-sq.-ft. store in the Hilltop section of Virginia Beach. It is scheduled to open by yearend 2013.

  • Borders looking for value in name

    NEW YORK  — The end of Borders as we know it may be drawing near. According to court papers filed with the U.S. Bankruptcy Court in Manhattan, Borders Group is planning to auction off its intellectual property, including the Borders brand name and the Borders.com website, in a move that will enable the brand to live on after liquidation in a limited fashion.

    The Sept. 14 auction, which will sell off the logo, trademarks, website, customer lists and other intellectual property, is expected to draw millions of dollars worth of offers.

  • Aeropostale launches store for Facebook fans

    New York City -- Aeropostale has launched a fully integrated Facebook Store, powered by Usablenet's technology platform, that combines shopping and social media and extends full e-commerce functionality to the Aeropostale Facebook community.

    In addition to being able to purchase from Aeropostale's entire online inventory, the integrated Facebook e-commerce store allows users to easily 'Like' and share items and purchases with their Facebook network - leveraging the viral nature of Facebook's news feed.

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