eCommerce

Macy’s rocked the retail world late Wednesday announcing record holiday sales while simultaneously cutting 2,500 jobs and detailing plans to close five stores.

Groupon has named Tamer Tamar as SVP of international operations and Sri Subramaniam as VP of engineering for smart deals.

“We’re thrilled to have Tamer and Sri join Groupon and bring their incredible talent to our expanding bench of senior executives,” said CEO Eric Lefkofsky. “Tamer and Sri will accelerate Groupon’s plans to grow our international operations and deliver more and more relevant deals to our customers throughout the world.”

With the new year come resolutions and Sears is looking to capitalize with the FitStudio.com “Points for Progress” program — a fitness rewards program that incentivizes members to incorporate movement into their daily lives to get and stay fit — with the help of pro football analyst and former Steeler Hines Ward.

The Container Store posted a better than expected profit performance during its first quarter as a public company but offered a full year outlook analysts found underwhelming.

Japanese apparel retailer Fast Retailing remains deliberate in its approach to growth of its Uniqlo brand in the U.S. with plans for five more stores by mid-year.

There are currently 1,300 Uniqlo locations worldwide in 13 countries, but only 17 stores in the U.S. The five new stores the company is adding this spring and summer will be located in King of Prussia, Pa., Stamford, Conn., and Daly City, Concord, and Milpitas, Calif. The company’s other existing stores are clustered in the Northeast with and northern California.

As retail store designs continue to rapidly evolve in the ecommerce era, Chain Store Age is looking for the best of the best for its 32nd annual Retail Store of the Year Design Competition.
 

Upscale department store retailer Bloomingdale’s isn’t a name typically associated with football, but that all changes this year as a result of the Super Bowl being held in New York for the first time ever.

Bloomingdale’s, operator of 37 department stores nationwide, will use its flag ship store on 59th Street in Manhattan to unveil a collection of designer helmets and a unique and stylish collection of entertaining essentials beginning January 15.

The nation’s largest arts and crafts retailer plans to go public this year and the launch of a new ecommerce platform that gives Michaels Stores long overdue online sales capabilities is a key element of its growth strategy.