News

Concord, California-based specialty beverage retailer BevMo is ensuring customers have easy access to products, whether they are in one of its 157 stores or online.

In the next few years, retailers around the world are set to substantially increase their investments in e-commerce software, with five vendors spearheading the growth.

According to a new study from Research and Markets, the global retail e-commerce software market will expand at a compound annual growth rate (CAGR) of 12.95% during the period 2014-2019. Research and Markets has identified Magento, Oracle ATG Commerce, PrestaShop, Shopify and WooThemes as the five key retail e-commerce vendors.

Has founder and ousted CEO Dov Charney made his last stand at American Apparel?

The board of American Apparel Inc. rejected a $300-million takeover bid from Hagan Capital Group and Silver Creek Capital Partners — the investors aligned with Charney — according to the Los Angeles Times.

In pursuit of its altruistic mission of creating a better everyday life for people, Ikea’s efforts go beyond selling opening price point home goods in cavernous stores.

This year's Ikea Foundation Soft Toys for Education campaign, which ran from Nov. 1 through Dec. 26, raised over $1.4 million in the U.S. alone through soft toys, Ikea Family children's books and card games sales.

Vertical specialty denim retailer Lucky Brand is bringing together disparate parts of its business onto one platform.

Lucky Brand has implemented NetSuite OneWorld to run a variety of omnichannel business processes across its consumer- and business-facing operations. These include inventory management, procure-to-pay, fixed assets, and multi-currency and multi-tax compliance management.

It was a big season for online retailers. From November through December 2015, the final sales tally exceeded $83 billion (12.7% more than the year before). Cyber Monday alone ended up being the single largest online shopping day in history, generating over $3 billion in sales.

The NRF annual “Big Show” conference is always marked by a few key technology trends. While the event has been known to throw a few unexpected surprises at attendees, usually it confirms and advances the direction industry momentum has been traveling.

Here are three major themes that will likely be prominently featured and discussed at this year’s NRF conference, which runs January 17 - 20, at the Jacob K. Javits Center in New York City.

‘Omnichannel’ Comes of Age

Build-A-Bear Workshop Inc. offers a highly customized product across multiple channels, which can make planning tricky.

Add in that the 400-store global retailer has an aggressive strategy for further international growth, and ensuring the accuracy and timeliness of its omnichannel merchandise planning becomes what could be called a “bearish” task.

Toys“R”Us says its annual nationwide fundraising campaign to benefit the Marine Toys for Tots Foundation raised more than $5.8 million and collected over 200,000 toys.

During the 2015 campaign, customers helped bring holiday joy to some of the 15.5 million kids in need across the U.S. by donating new, unwrapped toys at Toys“R”Us and Babies“R”Us stores nationwide and through monetary contributions made in stores and online at Toysrus.com/ToysforTots.

Costco hopes to sell more high-definition televisions and merchandise in clubs after going live with its revamped Costco TV Network.

The warehouse club leader deployed 4K technology to its existing in-warehouse TV network in a move designed to boost sales of televisions and help brands who use the network’s promotional capabilities better connect with shoppers. Powered by PRN, a division of Stratacache and longtime Costco partner, the TV network is in all 487 of the retailer’s U.S. clubs.