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eCommerce

  • Gap establishes international division

    San Francisco -- Gap said Tuesday that it is establishing an international division, based in London, to ramp up overseas growth, and will open its first Old Navy stores abroad -- in Japan -- by 2012.

    Gap said it has set a goal for international and online sales to make up 30% of its total by 2013, up from 22% in 2010 and 14% in 2006. The new international division will oversee stores across Europe, the Middle East, North Africa, Asia Pacific and South America.

  • Wet Seal opens at Esplanade Shopping Center

    Oxnard, Calif. -- New York City-based Centro Properties Group announced that Wet Seal has opened a 6,000-sq.-ft. store at Esplanade Shopping Center, located in Oxnard, Calif. 

    The new store celebrated its grand opening on April 16.

    Centro Properties Group is the owner of Esplanade Shopping Center.

  • First Data report: Year-over-year surges

    Atlanta -- A report released Monday by First Data Corp., which tracks year-over-year same-merchant activations, redemptions and reloads of merchant-branded prepaid cards in the United States, including spending, gift, incentive and promotional cards, revealed that delayed post-holiday redemptions and incentives drove activations in first quarter 2011.

  • Walmart social commerce gets "Kosmix" intervention

    BRISBANE, Calif. -- Walmart announced that it has acquired the services of Kosmix, a Mountain View, Calif.-based company to grow its multi-channel strategy.

  • 3M launches eco-friendly Scotch Tape line

    ST. PAUL, Minn. -- 3M announced that it has launched the first-of-its kind Scotch Magic Eco-Friendly Tape.

    Scotch Magic Eco-Friendly Tape (including refillable dispenser, packaging and tape) is made from more than 75% renewable or recycled materials, the company reported. The boxed refill roll, including packaging, is made from more than 65% renewable or recycled materials. 

  • Mid-America closes on six retail leases at Chicago shopping centers

    Oakbrook Terrace, Ill. -- Mid-America Asset Management said that several retail leases have been completed at six shopping centers in Chicago’s western suburbs. Mid-America is the exclusive leasing representative of each of the centers.

    The Shops at South Elgin (South Elgin, Ill.) signed a lease for 6,604 sq. ft. with independent health food/vitamin retailer Fruitful Yield, to expand the current tenant’s space by 3,264 sq. ft. The newly expanded store is expected to open June 1.

  • WS Development, Olympic Realty close on land for new Walmart project

    Millcreek, Pa. -- Chestnut Hill, Mass.-based WS Development and Olympic Realty & Development Corp. announced that they have closed on 42 acres of land in Millcreek, Pa., in conjunction with Walmart.

    The land is the future home of Millcreek Town Center, a 350,000-sq.-ft. open-air shopping center, which will include a new Walmart and approximately 160,000 sq. ft. of additional retail and restaurant space.

  • All about the iPad

    The iPad is an amazing product that offers a wonderful user experience, which is why everyone wants one. It also doesn’t hurt that retailers of all types have become quite aggressive in their promotional efforts on behalf of Apple, since the popular device makes a meaningful contribution to sales in addition to providing those retailers who feature the device with some of that Apple “it” factor.

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