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eCommerce

  • Oracle completes acquisition of ATG

    Redwood Shores, Calif. -- Oracle on Wednesday announced that it has completed the acquisition of Art Technology Group (ATG).

    With the addition of ATG, Oracle can now provide best-in-class cross-channel CRM, Retail and Commerce that enables unified marketing, merchandising, service and order management, supply chain, and a seamless, personalized customer experience.

  • comScore: Total online spending sets record $32.6 billion

    Reston, Va. -- Retail e-commerce spending for the entire November -- December 2010 holiday season reached $32.6 billion, marking a 12% increase versus last year and an all-time record for the season, according to comScore.

  • Family Dollar opens at Brice Park

    Reynoldsburg, Ohio -- Centro Properties Group announced that a 15,426-sq.-ft. Family Dollar recently opened at Brice Park, in Reynoldsburg, Ohio.

    Centro Properties Group, based in New York City, is the owner of Brice Park.

  • More proof of strong online holiday sales

    RESTON, Va. - Comscore reported that retail e-commerce spending for the entire November to December 2010 holiday season reached $32.6 billion, marking a 12% increase versus last year and an all-time record for the season.

  • Walgreens December sales up 7.5%

    Deerfield, Ill. -- Walgreens reported on Wednesday that its December sales rose 7.5% to $6.8 billion. The chain said that Duane Reade stores, which Walgreens acquired in April 2010, contributed 2.5 percentage points.

    Walgreens’ same-store sales for the month rose 2.8%

    The company said front-end sales were up 9.5%. Pharmacy sales, which accounted for 58.6% of total sales for the month, saw a 6% boost.

    During the month of December, Walgreens opened three stores, including one relocation, and acquired three stores.

  • Starbucks debuts new logo

    New York City -- Starbucks unveiled a new logo Wednesday, dropping the circle with the words “Starbucks” and “Coffee” that surround its signature mermaid.

    Starbucks, celebrating its 40th anniversary this year, said the changes represent a fresh look for the company as it begins the next chapter in its history and emphasizes selling Starbucks-brand products in supermarkets and other channels beyond its retail stores.

  • Reports: Sears and Urban Outfitters among those eyeing J. Crew

    New York City -- Reports circulated Wednesday that several potential suitors, including Sears Holdings and Urban Outfitters, have been studying J. Crew’s books. Urban Outfitters is seriously weighing a counterbid for the high-flying preppy retailer, according to a report in The New York Times. At least two other private-equity firms are also receiving confidential data on the New York-based retailer, Bloomberg reported.

  • Sears, Kmart get new head of retail services

    HOFFMAN ESTATES, Ill. - Sears Holdings' SVP procurement and finance has been promoted.

    Deidra Cheeks Merriwether now holds the title of SVP and president retail services, succeeding James Haworth. In this role, Merriwether, who joined the corporation in 2001, will be responsible for the oversight and leadership of retail services for the broadline retailer's Kmart and Sears stores.

    Merriwether currently serves as a member of Sears Canada's board of directors and is the executive sponsor of the company's African-American Associate Network.

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