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  • And Amazon’s holiday pricing strategy is…

    An analysis of Amazon.com’s holiday pricing for its best-selling items reveals two key strategic trends.

    According to research from product intelligence technology provider 360pi, Amazon’s top two price dynamic categories: were best-selling office/school products (55% repriced one day to the next) and best-selling toys/games (45%).

    Other categories that saw a high level of price dynamism were electronics and clothing, which are both highly contested gift categories.

  • 5 myths about digital gift cards

    Digital gift cards are less risky than retailers think, and that’s not the only common piece of online fraud “wisdom” that is false.

  • After dismal Q3, Gap CEO focuses on future

    A steep profit decline and deteriorating sales at two of Gap Inc.’s three flagship formats in the third quarter have CEO Art Peck looking ahead to what he expects to be better times.

  • Weak traffic trend hits Kirkland's

    The CEO of Kirkland's blamed disappointing third quarter sales on traffic problems that he expects to persist into the fourth quarter despite the busy holiday season ahead.

  • Salesforce: Holiday shoppers want seamless experience

    Retailers looking to satisfy customers this holiday season need to be sure all channels are aligned and working properly.

    The new "2015 Connected Shoppers Report” of more than 2,000 adults commissioned by Salesforce and conducted by Harris Poll demonstrates that in order to succeed, retailers need to accelerate digital transformations to provide personalized, one-to-one customer journeys.

  • Stein Mart can't keep up momentum

    Stein Mart says warm weather is to blame for its lackluster performance in the third quarter as the company makes plans to increase promotions to improve its top-line growth.

    The off-price retailer said that for the third quarter ended Oct. 31, same-store sales fell 2.3%. Total sales also dropped 1% to $300.7 million during the same time period. Profits dipped to $82.2 million, or 27.3% of sales compared to $84.6 million or 27.8% of sales during the same time period in 2014.

  • The Bon-Ton poised for cost-cutting

    The Bon-Ton says it is focusing on reducing expenses after a third quarter in which the retailer tripled its net loss and decreased same-store sales.

    For the quarter ended Oct. 31, the Pa.-based retailer had a net loss of $34 million ($1.72 a share), compared to a net loss of $11 million (57 cents a share) in the 2014 quarter. Revenue totaled $623.4 million, down from $642.7 million in third quarter 2014. Same-store sales declined 2.6%.

  • Holiday shoppers want a seamless experience

    Retailers looking to satisfy customers this holiday season need to be sure all channels are aligned and working properly.

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