Data & Analytics

Emarketer: U.S. e-commerce to reach $303 billion in 2014
New York -- Retail e-commerce in the US grew 16.5% in 2013 to reach $264.3 billion, and will increase another 15.7% in 2014 to reach $305.7 billion, or 6.5% of all U.S. retail sales, according to Emarketer. In other findings, mobile retail sales in the U.S. totaled $42.28 billion in 2013, 16% of all U.S. retail ecommerce sales, and will increase another 37.3% to reach $58.07 billion in 2014, accounting for 19% of the total US ecommerce market.
Survey: Half of consumers will order online gifts days before Dec. 25
London, U.K. - Almost half (47%) of consumers will order gifts online this Christmas with less than a week until Dec. 25. According to the latest ECustomerServiceIndex results from EDigitalResearch and IMRG, when asked what date they would be comfortable placing a holiday online order, the majority of consumers (53%) said Wednesday Dec. 17 or before.

Panjiva: U.S. imports down in September

New York –- Imports to the U.S. were down in September from August, but still there was a measurable year-over-year increase. Sept. 2014 showed levels of imports 7% above imports in Sept. 2013.
Cypress Equities acquires Corner Shopping Center

Dallas -- Cypress Equities companies announced that its affiliated Cypress Acquisition Partners Retail Fund has closed on the acquisition of The Corner Shopping Center in Dallas. The project is a community shopping center, located on the northeast corner of Walnut Hill and the US-75 Central Expressway.
Canadian operations cut into West Marine Q3 profit

Watsonville, Calif. –- A tax valuation allowance related to its Canadian operations helped reduce net income at West Marine Inc. to $4.9 million in the third quarter of fiscal 2014, down 24% from $6.5 million in the same period the prior fiscal year. Net revenues were $196.5 million, a 2% jump from $193.4 million, and same-store sales rose 0.6%.
Survey: 90% of holiday shoppers expect consistent experience across channels and devices

Wakefield, Mass. -- Ninety percent of consumers said they expect the customer experience to be consistent across channels and devices used to interact with brands this holiday shopping season, according to a global study by SDL. The figure represents a 17% increase from what consumers reported last year.
Tesco chair to step down as net income plummets below estimates

Cheshunt, U.K. –- Sir Richard Broadbent, chairman of Tesco PLC, will step down in the wake of a 99% drop in net income for the first half of fiscal 2014. Tesco reported first half profits of $9.6 million, about $333 million less than previous estimates.
Sam’s Club to offer private health insurance exchange targeted at small business owners

By Mike Johnson Bentonville, Ark. -- Wal-Mart Stores continues to expand its health care offerings with the announcement that its Sam's Club division will launch a private health insurance exchange for its small business members. Sam’s Club is partnering with insurance giant Aetna on the initiative.
Survey: More than half of U.S. consumers will shop online for holidays

Washington, D.C. –- More than half of U.S. consumers plan to make at least some of their holiday purchases online this year.
Lumber Liquidators Q3 misses, plans three stores

Toano, Va. –- Lumber Liquidators missed Wall Street estimates for both net income and sales for the third quarter of fiscal 2014. Net income totaled $15.7 million, down 23% from $20.4 million in the year ago period, amid higher expenses. Net sales rose 5% to $266.1 million from $254.3 million. Same-store sales dropped 4.9%, although they improved each month in the quarter as more inventory became available.
Yahoo beats Street with help from Alibaba, mobile

Sunnyvale, Calif. –- Strong mobile revenue and proceeds from the sale of a portion of its stake in Alibaba Group Holding Ltd. helped Yahoo Inc. beat Wall Street estimates for earnings per share (EPS) and revenue in the third quarter of fiscal 2014. EPS totaled $0.52, up 62% from $0.32 the same quarter the prior fiscal year, and revenue grew 1% to $1.15 billion from $1.14 billion.
Toshiba to resell Motorola retail solutions

Irvine, Calif. -- Toshiba Global Commerce Solutions will resell Motorola retail solutions including mobile computers, wireless network solutions, bar code scanners and the MP6000 multi-plane bioptic imager and accessories. Toshiba has signed Motorola Solutions’ Global Systems Integrator Agreement and is now a member of Motorola's PartnerEmpower program.