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eCommerce

  • U.S. retail sales rise in November

    Washington, D.C. -- Tuesday’s report by the U.S. Department of Commerce showed a fifth straight month of sales gains in November for U.S. retailers. Monthly retail sales figures for November were up 0.8% over October and 7.7% over November 2009.

    Retail sales excluding auto sales were up 1.2% over the previous month and 6.7% over November 2009.

    Department stores were the big November winners, recording the biggest sales rise in two years of 2.8%.

  • Ikea gets top accolades in Europe

    BRUSSELS - Ikea announced that it has been named the winner of 'Retailer of the Year Europe' 2010. Retailer of the Year is the largest consumer survey in Europe and this year the survey was held in no less than 10 European countries. More than 1.45 million consumers participated in the consumer survey and assessed over 1,100 retail chains, according to the company.

    In seven out of the 10 countries, Ikea is in the top five of the 'best' retail chains, the company reported.

  • Convergys holiday survey: Big online spending yet to come

    Cincinnati -- A survey released Monday by Convergys said that many consumers have yet to complete their holiday shopping -- and many of those will do that shopping online.

    According to Convergys’ 2010 Holiday Shopping Season Research, which polled 500+ consumers on their holiday shopping plans; 18% of consumers have already completed their holiday shopping; but 27% have not yet started; and 50% are only half done.

  • CVS/pharmacy launches photo app for Facebook

    Woonsocket, R.I. -- CVS/pharmacy said Tuesday it has launched a new CVS Express Photo App that allows Facebook users to order prints from their Facebook albums without leaving the website. The prints are ready for pick up in about an hour at users’ local CVS/pharmacy.

  • CVS develops photo app for Facebook users

    WOONSOCKET, R.I. — CVS/pharmacy has launched its new CVS Express Photo App, which enables Facebook users to order prints from their Facebook albums without leaving the website, with prints ready for pickup in about an hour at their local CVS/pharmacy.

  • Smart Fashion to make retail debut in Manhattan

    New York City -- Winick Realty Group announced that Smart Fashion, a national importer and exporter of women’s apparel, has leased its first retail location at 149B West 36th Street, between Broadway and 7th Avenue in Manhattan’s Garment District.

    Smart Fashion already operates a wholesale showroom nearby at 1407 Broadway.

    The 2,000-sq.-ft. store will focus on trendy junior sportswear.

  • Best Buy Q3 profit misses, cuts full-year forecast

    Minneapolis -- Best Buy Co. reported an unexpected decline in fiscal third-quarter profit Tuesday, as lower demand for televisions and videogames led to a sales shortfall in the United States. The chain cut its full-year forecast.

    Best Buy Co. said that its third-quarter net income fell 4% to $217 million, while revenue fell 1% to $11.89 billion. Same-store sales fell 3.3%. Results missed Wall Street projections.

    Best Buy said it has cut its full-year outlook, as it faces stepped-up competition from online and discount stores.

  • NYC Retail Preview: Stores to See

    Making your NRF Show plans? Don’t forget to allow yourself time to check out the Big Apple’s exciting retail scene. Here’ s a quick hit list of the city’s newest retail stars:

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