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  • EBay beats Street on Q3 revenue; lowers full-year forecast

    San Jose, Calif. -– EBay Inc. beat Wall Street estimates with its third quarter revenue results but lowered its forecast for full-year sales due to the impact of a May 2014 security breach. Net income fell 2% to $673 million from $689 million in the third quarter of fiscal 2013.  
  • Amazon to hire 80,000 holiday employees

    Seattle – Amazon.com is creating 80,000 seasonal positions across its U.S. network of fulfillment and sortation centers for the 2014 holiday season in order to meet an increase in customer demand. In 2013, Amazon converted thousands of seasonal employees into regular, full-time roles after the holidays, and expects to do the same this year.  
  • Gap approves $500 million share buyback program

    San Francisco –- Gap Inc. has approved a new $500 million share repurchase authorization for the company’s common stock, in an effort to return excess cash to shareholders. The new $500 million repurchase program for Gap’s stock follows the company’s previous $1 billion share repurchase program.   
  • Shopko expands omnichannel ship-to-store program

    Green Bay, Wis. -- Shopko is expanding its omnichannel ship-to-store program, including the ability to buy products online and ship them to the store for free. After a successful pilot launch, the retailer expanded the program to its 310 locations across the U.S.    
  • Report: Amazon, Sears remove swastika rings from websites

    Seattle –- Amazon.com and Sears Holdings Corp. have both reportedly removed men’s rings featuring the Nazi swastika emblem from their websites after public complaints. According to the Wall Street Journal, in both instances the items were sold by third-party vendors, but the companies handled the complaints differently.  
  • SGI releases tool to scale SAP HANA

    Milpitas, Calif. –- SGI, a provider of data analytics solutions and an SAP global technology partner, has introduced SGI UV for SAP HANA.  It is a purpose-built, in-memory computing appliance for growing environments running the SAP HANA platform.   
  • Powerhouse Dynamics’ mobile app expands real-time facility ops and energy management capabilities

    Boston -- Powerhouse Dynamics, creator of the SiteSage enterprise energy and asset management system, is beefing up its mobile app with a series of control and reporting enhancements to provide facility  managers with complete facility energy and equipment operations management.   
  • O Alliance names omnichannel expert as managing director

    New York -- The O Alliance, a new consulting firm helping retailers to create circular commerce, announced that it is expanding its senior management team with the appointment of retail industry veteran and multi-channel expert Walter Killough as a managing director. He will be responsible for business development, strategic partnerships and overall day-to-day management of the company.  
  • Martha and Meredith in 10-year tie-up

    Martha Stewart Living Omnimedia and leading publisher Meredith Corporation have entered into a decade-long partnership that is being described as transformative.

  • Shopko enters omnichannel era

    Regional discounter Shopko has added a range of omnichannel capabilities to its retail operations just in time for what is expected to be the most digital Christmas ever.

    Shopko announced the rollout of expanded omnichannel capabilities it said would provide shoppers more access to products, the ability to buy products on-line and ship them to store for free. The capabilities were extended to 310 of the company’s locations.

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