News

Continued sales momentum at Stein Mart helped drive the company’s third quarter results, which saw both net and same-store increases.

The company reported net income for the quarter of $28 thousand compared to a net loss of $1.7 million in 2012.

"Our earnings continue to improve as a result of our continued sales momentum," said CEO Jay Stein. "We have been very focused on refining our brands, pricing and sales execution and the improvements are evident in our results."

When the new Nordstrom Rack opened at Mercato in Naples, Fla., in early November, 500 people somehow got into the store within the first five minutes. No kidding.

Nordstrom Rack replaced Books-A-Million in a 30,000 sq. ft. space in the center, joining several other new tenants including The Wine Loft, The Counter, MASA, Kelly Chase Couture and Mark Loren Designs, Le Macaron, Salon Zen AVEDA, Second Cup and TAPS Bar & Lounge.

Denver -- Thirty percent of shoppers say the ease, speed, and low prices offered online make it a clear solution for the value and time-saving shopping experience they seek. An ongoing shopper behavior study from The Integer Group and M/A/R/C also shows that although mass merchants remain a popular holiday shopping destination, a leading 54% of shoppers say they will take advantage of free shipping deals that e-retailers can offer.

Fairway Market has launched a new mobile app designed to provide an enriched experience for its shoppers who love to cook. It is available on the iPhone App Store, and can be downloaded in any Fairway location since the stores all offer free Wi-Fi.

App users can create individual food profiles by choosing dietary preferences, and then explore beautifully photographed products along with step-by-step gourmet recipes curated by Fairway experts.

Deerfield, Ill. -- Healthcare Clinic at select Walgreens, located at more than 400 Walgreens stores nationwide, and iTriage, a consumer healthcare technology company, are launching a nationwide mobile appointment scheduling app. The expanded free mobile service, previously piloted in Denver and Chicago, is now available to patients in Healthcare Clinic at select Walgreens markets across the U.S.

By Ali Lipson, senior retail and apparel analyst, Mintel

CVS unveiled during a New York City press event on Wednesday the spring 2014 collection of its exclusive Nuance Salma Hayek line.

The new collection, which will begin shipping in January, features products for hair and skin.

Boston – Despite conventional industry wisdom, shoppers who use mobile devices for showrooming are almost twice as likely to purchase from the retailer in-store or online (38%) than buy elsewhere (21.6%). A new study from e-commerce technology provider SeeWhy, “Showrooming Realities: When Worlds Collide,” also shows that one third (33%) of more 60,000 consumers surveyed who owned a mobile device had used a device as part of their shopping process, and 12% do it routinely.