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Omnichannel

  • Expansion-Minded Uniqlo Aims Big

    From dazzling LCD/LED video displays to rotating mannequins to staircases with color-changing LED lights, Uniqlo’s Manhattan flagship is massive in scope and bold in design.

    The three-level, 89,000-sq.-ft. store is the largest Uniqlo outlet in the world. It’s a big store for a company with big ambitions: Uniqlo parent Fast Retailing Co., the world’s fourth-largest apparel retailer, is targeting $50 billion in global sales by 2020.

  • Dot com gaining ground ahead of the holidays

    Walmart continues to gain online momentum, judging from the most recent monthly report from measurement firm comScore Media Metrix.

    Walmart consistently ranks in the firm’s Top 50 U.S. Web properties report, and that was the case again in October when Walmart.com was ranked 23rd with 45.2 million unique visitors. By comparison, Target.com, which experienced some difficulties with a major relaunch several months ago, was the only other traditional retailer on the list and ranked 46th with 27 million unique visitors.

  • Toys 'R' Us launches expands mobile offerings

    Wayne, N.J. -- Toys “R” Us said Friday that it has expanded its mobile offerings for the holiday season, providing an enhanced shopping experience for on-the-go shoppers.

    In addition, the retailer said it has made updates made to its iPhone and Android experience, as well as announced partnerships with eBay, Google and shopkick to help customers use their mobile devices to locate product, pay for purchases and source discounts.

  • Apartment 32, New York City

    Apartment 32, a new retail concept from apparel and outerwear manufacturer Weatherproof, is designed to resemble a chic Manhattan apartment, one that invites shoppers to enjoy the comforts of a modern home. It’s also one that has an unusual “leave your Blackberry at the door” policy.

  • Survey: E-commerce sales to grow to $46.7 billion for holiday 2011

    New York City – E-commerce sales in the U.S. for the November and December holiday shopping season will rise 16.8% to $46.7 billion in 2011, up from $39.9 billion last year and representing a pace five times faster than total retail industry growth, according to eMarketer.

    That means online sales growth will reach double digits for the third consecutive year, even though the economy remains shaky and consumers are keeping tight budgets.

  • Sears Holdings still positive despite negative Q3

    HOFFMAN ESTATES, Ill. — Sears Holdings remains positive about its future despite reporting a wider loss for the third quarter and comps declines across its retail segments. The company reported a net loss of $421 million, or $3.95 per diluted share, for the third quarter of 2011, compared with a net loss of $218 million, or $1.98 loss per diluted share, in 2010. 

  • Buckle Q3 net income climbs 11% on online strength

    Kearney, Neb. -- Teen retailer The Buckle Inc. reported Thursday that profit surged 11% to $38.3 million for the third quarter, compared with $34.4 million in the year-ago period.

    Online sales increased 25.4% in the quarter. Total revenue climbed 12% to $273.4 million, beating Wall Street’s expected $272.1 million. Same-store sales rose 9.1%.
     

  • Walgreens on Black Friday will unveil largest retail mobile coupon program

    DEERFIELD, Ill. — Walgreens on Thursday added scannable coupons to its mobile applications, with exclusive discounts to its smartphone customers, beginning on Black Friday.

    Coupons will range in value from 50 cents to $5 and will be good toward a variety of products, including beauty items, gifts, consumables and everyday essentials, such as diapers. Scannable coupons provide optimal convenience with no clipping or printing required. Cashiers simply scan a coupon straight from a user’s smartphone.

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