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Retail

  • Report: Smartphones dominated Christmas e-commerce traffic

    Philadelphia -- A post-holiday e-commerce report released Friday by technology company Monetate said that, on Christmas Day 2012, 16% of all e-commerce traffic came from smartphones and 15.6% came from tablets, a marked upswing from a year earlier when just 6.4% came from smartphones and 8% from tablets.

  • Sur La Table announces senior merchandising exec promotion

    Seattle -- Sur La Table said Thursday it has promoted Jacob Maurer to the position of SVP – general merchandising manager for the kitchen goods chain.

    The promotion is effective immediately, and will put Maurer in charge of all merchandise buying and product development functions for the company.

  • Report: Shopping center industry Q4 profit rises 4.3%

    New York -- A report released Thursday by the National Council of Real Estate Investment Fiduciaries and the International Council of Shopping Centers said that the U.S. shopping center industry’s net operating income for the fourth quarter continued to show a strong gain nationally, rising 4.3% year-over-year.  

    Total operating income of all U.S. shopping centers on a square foot basis rose 3.6% over the year-ago period.

    For all of 2012, the U.S. shopping-center industry posted a 3.6% rise in NOI.

  • RadioShack taps Magnacca as CEO, ‘catalyst for change’

    Fort Worth, Texas -- In an unexpected move, RadioShack said late Thursday that Walgreen Co. divisional president Joseph Magnacca will take the helm of the beleaguered consumer electronics chain as its new CEO.

  • Reports: Delhaize America to cut 500 jobs

    New York -- Delhaize America is cutting 500 jobs, according to published reports.

    News media in North Carolina reported that the Belgian supermarket operator's American subsidiary would cut 350 jobs and 150 open positions as part of a reorganization. Employees of the company received notifications of the layoffs via email, according to the reports.

  • Discount sector posts strong January showing

    New York -- There were few missteps among the discounters in January, as most posted strong results, many surpassing Wall Street expectations.

    Target reported a same-store sales rise of 3.1%, topping Wall Street expectations. Total sales surged 29.6% to $5.97 billion in January.

  • Zappos teams with Kenshoo Social and Shoutlet on Facebook marketing

    San Francisco -- Social marketing platform Kenshoo Social said Wednesday that it has completed an integrated Facebook marketing campaign for Zappos and cloud-based social marketing platform, Shoutlet.

    During a two-month test on a single-brand page, Zappos’ Facebook posts generated approximately 85,000 visits to its website. The traffic produced an average order value on par with its paid search and social marketing programs and achieved an average conversion rate of 1.75%.

  • Sally Beauty Q1 earnings double, but misses Street

    Denton, Texas -- Sally Beauty Holdings Inc. reported Thursday that profit in the first quarter nearly doubled year-over-year – from $30.1 million to $59 million – but results still missed Wall Street expectations.

    Revenue rose 4.7% to $905.4 million, shy of analysts’ expected $915.1 million in revenue.

    Same-store sales rose 2.8%.

     

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