News

Redwood Shores, Calif. -- Oracle is enhancing its efforts to attract customers in the e-commerce sector.

The company on Monday officially launched its new Commerce Cloud, a flexible and scalable SaaS solution designed to make it easy for retailers to include e-commerce as part of their larger digital customer experience strategy. The new tool, built for the Oracle Public Cloud, is part of Oracle’s Customer Experience (CX) applications portfolio.

Cincinnati -- Consumers, especially millennials, are willing to ante up for fee-based loyalty programs.

In a survey by LoyaltyOne, 62% of respondents said they’d consider joining a fee-based rewards program if their favorite retailer offered one. The number was even higher among millennials with 75% of 18-24 year-olds and 77% of 25-34 year-olds saying they’d consider joining a fee-based rewards program.

Quincy, Mass. -- Online grocer Peapod.com has joined the “farm box” movement that many local farmers markets and supermarkets are now promoting.

The company unveiled its Local Farm Box service, whereby customers in New York City; New Jersey; Eastern Massachusetts; Rhode Island; Pennsylvania; Maryland; Washington, D.C.; Virginia; Illinois; Indiana and Wisconsin will have the option of adding a box of produce from local farms to their virtual grocery cart.

In December 2014, Ecova released the findings of its 2015 Energy and Sustainability Predictions survey to better understand what’s on the minds of those involved in energy and sustainability management.

Montreal - Birks Group Inc., which operates 47 luxury jewelry stores in Canada, Florida and Georgia, reported a growing net loss in first quarter 2015 despite improvements in net and same-store sales. Net loss totaled $8.63 million, up from $5.8 million the same period a year earlier.

Although net sales rose 7% to $301.64 million from $281.16 million, increases in cost of sales, selling, general and administrative (SG&A) expenses, restructuring, debt extinguishment and asset impairment helped expand net loss. Same-store sales increased 16%.

Duluth, Ga. - A majority of restaurant owners and managers believe that technology has a direct impact on increased revenue.

According to the 2015 NCR Restaurant Technology Pulse, 67% of respondents say technology helps drive revenue growth and 35% of restaurants are more dependent on tech tools compared to a year ago.

For decades, buying and installing phone systems in retail stores has remained a mundane experience. Times have changed.

San Jose, Calif. – The long-anticipated separation of eBay Inc. and PayPal Inc. into two independent, publicly traded companies is almost here. Now that the split has received official approval from the eBay board of directors, it is expected to occur July 17.

York, Pa. - The Bon-Ton Stores Inc. is selling six stores for $84 million to CPA: 17 – Global, a non-traded real estate investment trust (REIT) of global net lease REIT W.P. Carey Inc. Bon-Ton will lease the stores back.

Proceeds from the transaction will be used to pay one of two of the company’s mortgage loans due in April 2016. Each loan has about $105 million in principal and consists of 12 properties. Bon-Ton is actively pursuing refinancing options for the second loan.

Louisville, Colo. - U.S. online grocery shoppers are upping the amount of grocery shopping they complete online. According to a new survey of 1,100 U.S. online grocery shoppers from natural and organic online grocer Door to Door Organics, more than half (54%) said in the past year they had increased the amount of grocery shopping they do online by an average of 29%.