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Data & Analytics

  • Study: Online shoppers shift channels

    Atlanta - Online shoppers frequently change retail channels during their shopping experience. According to the new Pulse of the Online Shopper study from UPS and comScore, better prices (57%) and selection (49%) are the top reasons for purchasing online after researching an item in-store.

    Nearly half (48%) of online shoppers have used ship to store in the past year, and 45% of those consumers made an additional purchase when picking up their online purchase.

  • EntrustRX helps Fred's increase sales

    Fred's Super Dollar increased sales in May, one month after joining forces with specialty pharmacy operator EntrustRx.
  • Lumber Liquidators compliance chief quits

    New York – Top management continues to leave Lumber Liquidators Holdings Inc. in the wake of accusations the retailer sold Chinese hardwood laminate products that had illegal levels of formaldehyde. Ray Cotton, chief compliance officer of Lumber Liquidators, has resigned from the company.

  • GS1 honors Macy's, other retailers for innovation

    GS1 US has recognized three companies with GS1 US Apparel and General Merchandise Retail Industry Achievement Awards.

  • Lands’ End profit plummets in tough Q1

    Dodgeville, Wis. – Profit plummeted in a difficult first quarter of fiscal 2015 for Lands’ End Inc. that also saw sales decline. Cost of sales and other expenses declined at a smaller rate than revenues, leading to net income of $1.72 million, down 84% from $10.86 million the same quarter a year earlier.

    Net merchandise sales and services declined 9% to $299.39 million from $330.48 million. Same-store sales dropped 12.1%.

  • New PayPal privacy policy allows calls, texts

    San Jose – A new privacy policy which will take effect at PayPal Inc. on July 1 will require users to allow PayPal, its affiliates and service providers to contact them at provided telephone numbers via autodialed or prerecorded call or text message. While the policy prohibits PayPal from sharing user contact information with outside third parties, contracted billing and collection companies are permitted to use customer phone numbers.

  • eBay expands Valet selling service

    San Jose, Calif. – The eBay Valet professional selling service will now accept high-end clothing in addition to shoes, handbags, electronics and other popular household items. eBay Valet provides features such as price estimates for potential buyers, taking professional pictures, and shipping.

    eBay partnered with fashion blogger Garance Doré to officially debut the expansion of eBay Valet. Dore provided tips and tricks on what to sell and how to sell fashion items.

  • Same-store sales show modest growth in May

    New York – Same-store sales generally showed modest growth in May 2015, on the whole meeting Wall Street analyst expectations. The apparel vertical in particular generally outperformed analyst predictions, although Gap, Banana Republic and Zumiez all reported negative same-store sales growth.

    Following is a review of May same-store sales by vertical:

    Apparel
    Banana Republic: – 5%
    The Buckle: 2.4%
    Gap: – 6%
    L Brands: 5%
    Old Navy: 6%
    Stein Mart: 1.9%

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