eCommerce

NEW YORK — New Balance has partnered with supermodel Heidi Klum for a new line of women's footwear to be sold exclusively on Amazon.com, beginning this month.

"We all need a good pair of sneakers whether its for running to the gym or running to the store," said Klum.  "I have extended my line with New Balance and designed a few stylish pairs of sneakers. Very exciting!"

ORLANDO, Fla. — Macy’s has enjoyed strong sales momentum during the early part of this year with first-quarter same-store sales up 5.4% and the second quarter off to an even stronger start with May comps up 7.4%. There are a lot of reasons for those results, but several key supply chain initiatives have made important contributions and were recognized recently at the annual VICS Collaborative Commerce Achievement Awards.

While an abundance of celebrities and references to Walmart founder Sam Walton gave this year’s shareholders meeting a familiar feel, there also was an unmistakable emphasis on e-commerce and social media.

New York City -- Children's clothing retailer Hartstrings L.L.C., owned by Maryland private-equity firm American Capital L.P., has declared Chapter 7 bankruptcy. The company, which has 28 stores and a wholesale operation, plans to dissolve the business.

The filing comes a year after the company entered into an agreement with television personality Tori Spelling to develop a children's clothing line under the Little Maven label.

MINNEAPOLIS — ValueVision Media, a premium interactive retailer via TV, Internet, mobile and social media, operating under the "ShopNBC" brand, announced that Nathan Martin, has been appointed VP fulfillment.

Martin joins ShopNBC with nearly two decades of manufacturing and distribution experience. Most recently, he served as assistant general manager at United Stationers Supply Company. Previously, he held management positions at Cost Plus, QVC, and Verbatim Memory Corporation.

SALT LAKE CITY — Overstock.com has announced the unveiling of the O.co Coliseum, the new name of the Oakland-Alameda County Coliseum, home to the NFL Oakland Raiders and the MLB Oakland Athletics. The O.co Coliseum signage will make its debut on June 7 when U2 performs in the facility.

According to Overstock.com, the company is using the naming of the coliseum to promote its transition to a .co domain name.

Thinking of opening a store on Manhattan’s Fifth Ave? Be prepared to shell out some hefty rent. The average rent for space along Fifth Avenue’s prime stretch from 49th Street up to 59th Street hit $1,900 per square foot in the first quarter, according to the latest CB Richard Ellis (CBRE) Global Retail MarketView. The second-highest U.S. retail market? Los Angeles, with rents of $520 per square foot.

Target isn’t off to a great start in the second quarter- with a same store sale increase of 2.8% that was toward the low end of the company’s guidance range that called for a low to mid-single digit increase. The company also fell short of its comp guidance in April.