News

Just in time for the holiday season, Amazon is going brick-and-mortar with its first-ever physical store, according to the Wall Street Journal.

The store, which will be located across from the Empire State Building in Midtown Manhattan, will serve as a mini-warehouse, with limited inventory for same-day delivery within New York City, product returns and exchanges and pickups of online orders, according to the report.
 

ECRM compared retail circular advertising in September 2013 versus September 2014 and noted trends occurring across top retail chains. In the aftermath of back-to-school season, Walmart and Staples appear to be trying to clear out all remaining school and office supplies. Staples accomplished this by improving its previous offer of $5 off with purchase of $30 to $10 off and also cut backpack prices by 50%. Walmart shifted the focus from school to office, with a “Run Your Business for Less” promotion.

Moki, a leading mobile software platform, has appointed Chander Chawla VP of marketing and product strategy. With Chawla on board, Moki said it plans to open an office in Palo Alto, California, to better serve its growing customer base.

Chawla, who has been in the mobile industry for 15 years, has been credited with leading the growth of public Wi-Fi and wearable devices at T-Mobile and National Semiconductor.

The recently released 2014 Food, Drink, and Consumer Goods Outlook Survey from audit, tax and advisory firm KPMG is highlighting some key initiatives that consumer goods executives are focusing on to transform their businesses. The goals range from updating operational efficiencies and technology to making a push for product innovation, according to survey results.
 

Giant Eagle celebrated the grand opening of its newest Market District in Strongsville, Ohio. The Strongsville Market District will be the first Market District location serving the west side of Cleveland.

The 107,000-sq.-ft. Market District is open 24 hours a day, and will offer restaurant-quality dishes, as well as unique meat, produce, cheese and grocery selections from around the globe.
 

Import cargo volume at the nation’s major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches, according to the monthly Global Port Tracker report released late this week by the National Retail Federation and Hackett Associates.

New York -- Apparel retailers reported modest sales growth for the month of September, fueled by back-to-school spending early in the month.

Scottsdale, Ariz. -- GoDaddy and Spree Commerce announced the launch of the GoDaddy Online Store for small businesses.

With Spree technology supporting the backend, this new GoDaddy offering will make it truly simple for small businesses worldwide to start selling online using e-commerce.

The companies first announced collaboration in February of this year. The GoDaddy Online Store has been available in beta since. More than 5,000 merchants have opened stores and sold millions of dollars of products and services, all over the world.

Grapevine, Texas -- GameStop announced the first in a series of updates to its GameStop app on mobile devices, and a chance for users who download the new app to win 1,000,000 PowerUp Rewards points.

New York -- One-quarter (25%) of U.S. consumers plans to spend more on holiday shopping this year up from 20% in 2013, and spending on holiday gifts is expected to average $718, according to Accenture’s annual holiday shopping survey.

The survey also found consumer enthusiasm for Black Friday shopping has reached its highest level in eight years. Two-thirds of respondents (66%) said they are likely to shop on Black Friday, compared to 55% who planned to do so in 2013.