Skip to main content

eCommerce

  • Deloitte: Shoppers’ belts remain tight despite improving economy

    New York -- Survey results by Deloitte, released Tuesday, found that even as the economy improves, 94% of Americans indicate they will remain cautious and keep their spending for food, beverage and household goods at its current level.

    According to Deloitte's 2013 American Pantry Study, 92% indicated they have become more resourceful, and 86% say they are getting more precise in what they buy -- attitudes that have remained consistent in the three years Deloitte has conducted the study, and across income levels.

  • J.C. Penney taps $850 million from credit facility

    Plano, Texas -- J.C. Penney Co. on Monday announced it has drawn $850 million from its $1.85 billion revolving credit line. The company said it will use the proceeds  to fund working capital requirements and capital expenditures including replenishing inventory in anticipation of the completion of for its newly overhauled in-store home departments, which are due to be unveiled next month.

  • Sony expanding retail footprint

    San Diego -- Sony Electronics is revving up its retail expansion, opening the doors to three newly remodeled Sony Stores and several brand new Sony Gallery experiences during the past few months. The company also unveiled a smaller-store format called Sony Gallery.

    Following the debut of the redesigned Sony Store in the Simon Mall Stanford Shopping Center in Palo Alto, Calif., Sony announced it will open three new concept stores located in Miami, San Diego, and Orlando, Fla. The remodels will bring the total of U.S. redesigned stores to eight.

  • Amazon launches online health, wellness store

    Seattle — Online retailer Amazon has launched its 50+ Active and Healthy Living Store, which features hundreds of thousands of nutrition, wellness, exercise and fitness, medical, personal care, beauty, entertainment items and more — all in a single destination for customers in the 50+ age range.

  • Accenture Survey: Consumers want seamless experience across all channels

    New York -- Retailers that deliver on their customers’ expectations and provide them with a seamless shopping experience – whether they are shopping in a store, online or through a mobile device – will win their loyalty and gain a competitive advantage that drives sales, according to new research by Accenture.

  • Overstock.com founder back as CEO

    New York -- Overstock.com founder Patrick M. Byrne has returned as CEO of online discount retailer.

    Byrne took a medical leave of absence in February to address cardiac issues thought to be associated with cancer treatments received much earlier in his life.

  • The Bon-Ton Stores to close Michigan furniture gallery

    York, Pa. -- The Bon-Ton Stores will close its Younkers Furniture Gallery in the Lakeshore Marketplace in Muskegon, Mich., in June. The closing will affect approximately 20 associates at the location.

    The Bon-Ton acquired the leasehold interests in the Muskegon Furniture Gallery store when it acquired Elder-Beerman in 2003. Bon-Ton does not expect the furniture gallery’s close to affect operations at the Younkers department store located in The Lakes Mall.

  • Guess names SVP, general merchandise manager

    Los Angeles -- Guess, Inc. has appointed Hillary Super as SVP, general merchandise manager for Guess, reporting to Paul Marciano, co-founder and CEO of Guess.

    In this role, Hillary will be responsible for product categories for Guess as the lead merchant for the company, and she will also be a key member of the Guess senior management team. Previously, Hillary spent six years in senior merchant roles at American Eagle and four years at Gap where she oversaw multiple brands and product categories.

     

X
This ad will auto-close in 10 seconds