Amazon hasquietlyraised its minimum free shipping for non-Prime members from $35 to $49, according to anupdateon the company's website.
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Stein Mart details store expansion plans
Just a few weeks after reporting sales growth of 3.2% for 2015, Stein Mart is embarking on the first phase of its 2016 store expansion plan.
The Florida-based retailer plans to open 12 new stores this year, with five of those stores scheduled to open this spring.
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Digital, off-price lift Hudson's Bay Company
Hudson's Bay Company says online sales were particularly strong in the fourth quarter and contributed to the company's same-store sales growth of 11% for the period.
The Canadian firm and parent company of the Saks Fifth Avenue banners said that for the fourth quarter ended Jan. 31:
• Same-store sales grew 11%;
• The Department Store Group (DSG) had a same store sales increase of 4%;
• Saks Fifth Avenue Off 5th same-store sales increased 2%;
• Saks Fifth Avenue same-store sales decreased 1.2%;
