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  • Tractor Supply digs up profitable Q1

    Brentwood, Tennessee-based rural lifestyle chain Tractor Supply Company saw net income, net sales and same-store sales all rise in the first quarter of fiscal 2016, compared to the prior-year period.

    Net income increased 17% to $67.7 million from $58 million, despite a 10% increase in selling, general and administrative (SG&A) expenses to $386.2 million from $351.8 million. Higher gross profit and pretax income helped boost net income.

  • Report: Potential buyers fishing for Cabela’s

    A well-known outdoor retailer and private equity firm may be interested in purchasing hunting and fishing chain Cabela’s.

    According to Reuters, Bass Pro Shops Inc. and the private equity division of Goldman Sachs Group Inc. are preparing to make a buyout offer. Cabela’s said in December it was exploring strategic alternatives that could include a sale.

    Click here for more.

  • Amazon to open new Dallas fulfillment center

    They say everything is bigger in Texas, and that also applies to Amazon.com’s distribution network.

    The digital retailing giant plans to open a sixth Texas fulfillment center in Haslet, making it the fourth Amazon fulfillment center in the Dallas-Fort Worth metroplex. Amazon currently employs more than 8,000 full-time hourly associates at its Texas fulfillment centers and plans to create 1,000 more full-time positions in the new Haslet facility when it opens.

  • Party retailer celebrates unified commerce capability

    Shindigz specializes in selling party supplies across mobile, desktop and mobile app channels, and is inviting digital commerce provider Mozu to make the festivities more manageable.

  • Survey: Millennials want same things in stores as they do online

    When it comes to shopping in stores, “digital natives” want the same technological conveniences they have come to expect online.

    According to a new research report from Euclid Analytics, “Bringing Digital Engagement In-store,” 67% of millennial adults age 18-34 would be very or somewhat likely to use in-store WiFi for faster checkout via an exclusive VIP line. This compares to 60% of Gen Xers 35-54 and only 38% of baby boomers age 55 and older.

  • Startups Spotlight: Technologies On the Rise

    From hyperlocal social media intelligence to mobile survey creation, this month’s crop of startups is filling niche spaces that can have a big impact on a retailer’s business. Learn about an augmented reality platform that’s elevating the online experience, a social referral startup that makes it easy to spread rewarding word-of-mouth recommendations and an analytics company that helps retailers and CPG companies get the most out of their online and transaction-level customer data.

    SurveyMe

  • Study: Consumers prefer different channels for browsing, purchasing

    Digital retailing is growing in popularity, but the brick-and-mortar channel remains dominant for at least one crucial consumer activity.

    According to research firm Toluna, an equal percentage of consumers browse before purchasing online or via mobile (76%) as browse in-store (also 76%). However, when it comes time to make a purchase, 82% will do so in-store while only 65% purchase items online or via mobile.

  • Butler Plaza getting bigger, adds biscuit concept

    Emerging food service concept Maple Street Biscuit Company is the latest addition to one of Gainesville, Fla.’s fastest growing retail destinations.

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