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eBay Enterprise increases adoption of omnichannel technologies globally
King of Prussia, Pa. -- eBay Enterprise, an eBay company, plans to increase adoption of omnichannel commerce technologies globally after securing 451 clients and 862 extension and renewals in the first half of 2014. The brands that turned to eBay Enterprise to power their retail growth include Alex and Ani, Boxpark, Destination XL, Karmaloop, MailPix and StubHub.
Current clients have also added new services to enhance the consumer experience.
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Hudson’s Bay Company’s Saks acquisition pays off in first quarter
Hudson's Bay Company more than doubled sales in the first quarter driven primarily by its acquisition of Saks last year.
Retail sales were $1.9 billion, an increase of $971 million from $884 million for the prior year. Consolidated same-store sales increased by 2.8%, with increases of 2.5% at DSG, 2.6% at Saks Fifth Avenue and 15.1% at Off 5th. Digital commerce sales totaled $207 million, reflecting both the inclusion of Hudson's Bay and Lord & Taylor (which together are referred to as “Department Store Group” or DSG) and Saks.