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Omnichannel

  • Amazon posts record-setting 51% increase in Q2 sales, profits drop

    Seattle -- Amazon reported Tuesday that sales for the quarter ended June 30 soared 51% to $9.9 billion.

    Profits dipped 8% to $191 million from $207 million on surging operating costs, but still beat Wall Street expectations.

  • Delhaize completes Delta Maxi acquisition

    Brussels, Belgium -- Belgian supermarket retailer Delhaize Group said Wednesday that it has completed the previously announced acquisition of Serbian retailer Delta Maxi.

    Combined with its existing operations in Greece and Romania, Delhaize is now, with this transaction, considered a leading retail force in Southeastern Europe.

  • Ghurka to open new boutique on Fifth Avenue

    New York City -- Robert K. Futterman & Associates said Tuesday it has arranged a long-term, 1,140-sq.-ft. lease for fine leather luggage and handbag retailer Ghurka at 781 Fifth Ave., located at 59th Street in the Plaza District. 

    The new Ghurka flagship, which will augment an existing location at The Plaza Retail Collection, will occupy 915 sq. ft. on the ground floor and 225 sq. ft. in the basement at its new Fifth Avenue space. 

  • Take that Borders! Amazon posts record 2Q sales

    SEATTLE - The nation’s leading online retailer late Tuesday reported a 51% increase in sales and better-than-expected profits as liquidation of former rival Borders began.

    If it wasn’t already apparent, the juxtaposition of these events in the same week is a harsh reminder that pure-play online retailers have the ability to render conventional brick-and-mortar chains, or large segments of their business, obsolete despite efforts by the latter to pursue multichannel strategies that leverage physical infrastructures.

  • Walmart.com uses Vudu to offer video streaming

    Santa Clara, Calif. -- Wal-Mart Stores said Tuesday that it is leveraging last year’s acquisition of video-streaming service Vudu to launch digital online movie rental and streaming on Walmart.com.

    On Tuesday the retailer started offering 20,000 titles that can be viewed on almost any device with Internet access, from PCs to televisions to Sony's PlayStation3 and other Blu-Ray disc players.

  • Walmart.com swims the video stream

    SANTA CLARA, Calif. — Blockbuster and Netflix may face new competition from Walmart, as the retailer announced that it will launch digital online movie rental and video streaming through its acquired Vudu service. 

    The retailer is now offering 20,000 titles that can be viewed on almost any device with Internet access, from PCs to televisions to Sony's PlayStation3 and other Blu-Ray disc players.

  • Casual Male DXL implements AccessVia for in-store signage

    Seattle -- AccessVia announced Tuesday that Casual Male DXL is printing color shelf-edge product signs using AccessVia Web dSignShop.

    Signs are printed in the store on an as-needed basis, allowing the retailer to produce full-color sign designs immediately on-site.

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