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Sales & Marketing

  • Walmart’s holiday ‘service’ strategy: In-store pickups, low prices, ‘holiday helpers’

    Knowing frazzled customers are in search of overall value, Walmart is emphasizing customer service this holiday season.   

  • Amazon Q3 earnings jump, but still miss mark

    Despite gains in the third quarter, Amazon’s stock fell 6% in extended trading.   The pure-play retailer’s net sales increased 29% to $32.7 billion for the third quarter ending Sept. 30, 2016, compared with $25.4 billion in third quarter 2015. The company credits the jump to $52 million in year-over-year changes in foreign exchange rates throughout the quarter.  

  • Cobb Theatres to open at Daytona complex in December

    Cobb Daytona Luxury 12 Theatres will be the first property to start its engines at the mixed-use project rising up across the street from Daytona International Speedway in Florida.   The 56,000-sq.-ft. Cineplex is a luxury play with electric reclining seats, a full-service bar, and the Cobbster’s Kitchen restaurant. It will be joined next year at the One Daytona complex by a 67,000-sq.-ft. Bass Pro Shop Outpost, a Marriott Autograph Collection hotel, 250 residential units, and another 200,000 sq. ft. of retail.  

  • Wayfair offers more flexible financing

    Wayfair is making a bold move to grab more consumer wallet-share, and compete with brick-and-mortar retailers.   Complementing its private label credit card, Wayfar is offering a financing option to consumers purchasing furniture and decor. Through a partnership with financial services company Affirm, Wayfair shoppers now have the flexibility to buy now and make monthly payments for their purchases — a move that extend financing options to a broader range of customers.  

  • Boohoo.com’s first store to open in New York

    Boohoo.com, the England-based, low-priced fashion Web retailer, will be opening its first brick-and-mortar store in Manhattan’s Union Square neighborhood.   An opening date has not been set, but Cushman & Wakefield reported it has secured the retailer a lease for a 2,000-sq.-ft. space at 3 West 13th Street.  

  • Canadian health and beauty retailer to open stores in U.S.

    A retailer that specializes in natural, plant-based wellness and beauty products is hoping to make a big splash in the United States.    Saje Natural Wellness will open its first U.S. store at the end of November, in Malibu, California, with plans to open 25 additional locations in 2017. The company’s stores are designed to offer a sensorial and educational experience, allowing engagment with the products on display.   

  • Deloitte: In a first, online to match physical store spending this holiday

    Retailers could see record Web traffic this year, according to Deloitte's 31st annual holiday survey of consumer spending intentions and trends.   

  • Gymboree reports tough third quarter

    A rough summer season, and an adjusted fiscal year end, took a toll on Gymboree’s third quarter earnings.   The retailer’s net sales for the three months ended July 30, 2016, were $250.3 million, a decrease of 4% compared to $261.8 million for the three months ended August 1, 2015.   
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