Skip to main content

Omnichannel

  • A funny thing happened on the Internet

    A lack of disclosure among retailers regarding their online operations makes it challenging to understand what went on online this past holiday season. While comScore reported it was a record year from a sales perspective with November and December sales advancing 12% to $32.6 billion, data from the online measurement firm also showed that most major retailers saw fewer unique visitors to their websites in December 2010 than during the same month the prior year.

  • Disturbing data points cause for holiday sales concern

    Interesting data points emerged this week that offer potential insight into Walmart’s holiday sales, as Kantar Retail and comScore released reports showing that when compared with the prior year Walmart was less of a destination for gifts and its Web traffic had declined.

  • Amazon’s Q4 is strong, but crystal ball cloudy

    SEATTLE  -- Retail industry online sales ascended to new heights during the past holiday season and as Amazon.com’s fourth quarter results show it was a key driver of the growth.

    The company’s fourth quarter sales increased 36% to nearly $13 billion and its full year sales increased 40% to $34.2 billion. North America fueled the increase with sales that were up in the U.S. and Canada by 45% to $7.21 billion. Profits grew at a slower pace with fourth quarter net income up 8% to $416 million and full year profits up 28% to $1.15 billion.

  • Forest City names marketing director for Promenade Temecula

    Cleveland -- Forest City Commercial Management announced the appointment of Kym Espinosa as marketing director for Promenade Temecula, a regional lifestyle center in Temecula, Calif.

    Espinosa, who has more than 20 years of experience in the shopping center industry, is responsible for marketing program strategy and implementation for the 1.1 million-sq.-ft. retail center.

  • Coffee Works Cafe opens at Voorhees Town Center

    Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Coffee Works Cafe has opened its second location on Town Center Boulevard of its Voorhees Town Center property.

    More is on the horizon for Voorhees Town Center, as the municipal offices of Voorhees, N.J., will relocate to the second level of the mall in spring 2011. Also in 2011, first-to-market Firecreek Restaurant + Bar and Doghouse Gourmet Burgers are slated to join Voorhees Town Center’s Town Center Boulevard.

  • Retail U survey: Mobile most important in 2011

    New York City -- Mobile technology ranked as the most important priority for retail in 2011, according to a recent online poll by Retail U. The respondents were asked to base their results on their key takeaways from the National Retail Federation’s 100th Annual Convention & Expo, in New York City.

  • EMS to open Manhattan store in fall

    Pearl River, N.J. -- Katz & Associates, the exclusive broker for Eastern Mountain Sports, announced that the retailer has executed a lease for a 3,000-sq.-ft. flagship on the Upper West Side of Manhattan.

    The two-level store, EMS’ second to date in Manhattan, will be located on the southeast corner of Broadway and West 76th Street. It is scheduled to open this fall.

  • Panasonic expands digital camera line with launch of LUMIX FX78

    SECAUCUS, N.J. -- Panasonic announced the launch of the LUMIX FX78. This digital camera, which is part of the LUMIX FX series, features a new Smart Touch operation on the large 3.5-inch 16:9 aspect LCD, allowing for intuitive touch operation, including Touch AF, Touch Zoom, Touch Shutter and Touch Playback, the company reported. The LUMIX FX78 also incorporates a new LEICA DC VARIO-SUMMARIT, 24mm ultra-wide angle lens that has a 5x optical zoom with F2.5 aperture.  

X
This ad will auto-close in 10 seconds