Data & Analytics

By Lea Elaine Green, Senior Content Strategist, Mozu

New York -- Barnes & Noble Inc. on Tuesday reported a smaller-than-expected loss of $28.4 million in its fiscal first quarter, down from $87 million a share, a year earlier. The chain has been cutting spending in its Nook e-reader division and moving toward a spinoff of the business.

Revenue fell 7% to $1.24 billion, including a 5.3% drop at the company’s retail segment.

Duluth, Minn. -- Maurices, a subsidiary of the Ascena Retail Group, announced that Ali Wing has been named chief marketing officer, executive VP of digital commerce. Wing joins Maurices after 10 years as CEO and founder of giggle, a multichannel retailer, wholesaler and licenser of baby products.

Toronto -- Visual search platform Slyce Inc. and action sports retailer Tilly's announced the upcoming launch of "Tilly's Snap Shop." The service enables Tilly's shoppers to open the mobile website on their smartphone, snap photos of desired items within any of Tilly's seasonal collection catalogs, and purchase the item directly at the moment of impulse.

Tilly's Snap Shop will be accessible to customers viewing the company’s fall catalog which is due for circulation early next month.

New York -- Home Depot officially confirmed that in-store payment systems at its U.S. and Canadian stores had been hacked in a breach that potentially could be one of the biggest attacks yet. The chain said malware was used in the hack.  

Rakuten has confirmed that it is in the process of acquiring Ebates, a provider of the largest cash-back shopping website in North America, for a total consideration of $1 billion in cash and will hold 100% of Ebates’ outstanding voting stock.

RetailMeNot, a leading marketplace for digital offers, has added Eric Korman to its board of directors.

Korman recently served as president of Ralph Lauren's digital and global e-commerce division, where he was responsible for the company's digital businesses, marketing and operations, across all markets. In addition to leading the digital division, Korman is credited with establishing and managing Ralph Lauren's customer intelligence and experience management group, a global enterprise function supporting all global business channels.

As part of its continued long-term profitable growth strategy, Toys“R”Us has appointed a number of executives to key leadership roles.
 

Barnes and Noble continues to narrow its losses. In the first quarter of fiscal 2015, the company’s comparable sales were bolstered by improving physical book industry trends, merchandising initiatives and store promotions.

Maurices, a subsidiary of the Ascena Retail Group, announced that Ali Wing has been named chief marketing officer, executive VP of digital commerce. Wing joins Maurices after 10 years as CEO and founder of giggle, a multichannel retailer, wholesaler and licenser of baby products.