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Mass Merchant

  • Amazon, QVC, Apple lead in mobile satisfaction; Target among most improved

    Ann Arbor, Mich. -- Amazon has extended its domination of e-retail into the mobile platform, according to the ForeSee Mobile Satisfaction Index: Holiday Retail Edition, released on Tuesday by ForeSee.

    In a survey of more than 6,200 consumers collected during the peak holiday shopping season between Thanksgiving and Christmas, Amazon scored highest among 25 of the top mobile commerce companies.

  • Study: Shoppers turn to dollar stores as payroll tax rises

    CHICAGO — Though a 2% increase in payroll tax may seem insignificant for middle- and upper-income families, it can cause a major change in shopping behavior for lower-income families, a new study has found.

  • Claire's names Sam’s Club merchandising chief as president

    Chicago -- Claire’s Stores announced Tuesday that Sam’s Club EVP and chief merchandising officer Linda Hefner Filler has been named president of Claire’s North America, effective March 1.

    Filler will report to CEO Jim Fielding and will be charged with implementing operational and strategic initiatives for Claire's in the U.S., Canada, Puerto Rico and the Virgin Islands.

  • Market Track: January 2013

    The year started on a positive note with increases in both number of flyers and pages released to market. More than half of the retailers (56%) maintained previous levels or showed an increase in size of their circulars in January 2013. In addition, the number of inserts per market also showed an increase with almost half (44%) of the advertisers showing a rise in flyer drops for this month. Overall, the number of pages increased slightly (+3.1%), and the number of flyers rose (+8.4%) compared to last year.

  • Michael Kors profit dips in Q3; nearly doubles full-year forecast

    New York -- Michael Kors Holdings Ltd. reported Tuesday that profit for the quarter ended Dec. 29 decreased to $636.8 million, compared with $373.6 million in the year-ago period.

    However, the designer and retailer forecasted fiscal 2013 profit at more than double its year-earlier performance.   

    Revenue surged 70% in the third quarter, fueled by strength in the accessories category, and the company predicts that fiscal 2013 sales will leap 62%.
     

  • Octonauts swim into Toys'R'Us

    WAYNE, N.J. -- Toys"R"Us announced that it will be the first retailer in the United States to offer Fisher-Price's Octonauts toys.

  • Study: Dollar stores may benefit from increased payroll tax

    Chicago -- A new Symphony Consulting survey found that the new 2% increase in payroll tax is causing a major shopping behavioral change among lower-income families.

    A division of SymphonyIRI Group, Symphony Consulting revealed Monday that dollar stores may be the biggest winners in the battle for the lower-income spenders’ purchasing power.

  • Cherokee brand and Chinese retailer team on e-commerce presence

    Sherman Oaks, Calif. — American apparel brand Cherokee Inc. said Monday it has partnered with Chinese hypermarket chain RT Mart to launch an online Cherokee store on China’s largest e-commerce website, Tmall.com.

    Cherokee will join Gap, Uniqlo, Adidas and Levi’s, who have each opened retail storefronts on Tmall.com.

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