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Ecommerce ARCHIVE

Staples Reports 3% Increase In Online Sales For Second Quarter  Aug 22, 2013 12:24 PM By Daniela Forte

Staples saw a decrease of 2% reaching $2.4 million in overall sales for North American stores, while online sales grew 3%, according to a press release.

Best Buy Reports 10.5% Increase In Online Sales  Aug 21, 2013 4:01 PM By Daniela Forte

Best Buy reported an increase in online sales of 10.5% reaching $477 million for its second quarter which ended Aug. 3, according to a press release.

6 Ways T.J. Maxx Can Embrace Omnichannel Shoppers  Aug 20, 2013 2:47 PM By Tom Caporaso

T.J. Maxx and other brick-and-mortar merchants trying to transition into omnichannel retailers can benefit from the lessons of all those stores that came before them. To help these retailers in their efforts, we offer the following guidelines.

Walmart Grows Ecommerce 30% in Q2  Aug 19, 2013 10:25 AM By Daniela Forte

Ecommerce sales grew more than 30% globally for big-box chain Walmart in the second quarter of fiscal year 2014, according to a recent earnings call transcript.

Ralph Lauren’s First Quarter: “Better Than Expected”  Aug 08, 2013 2:27 PM By Daniela Forte

High-end apparel retailer Ralph Lauren reported “better than expected” first quarter 2014 results this week, according to a press release. Net income was $181 million for the first quarter compared to $193 million for first quarter fiscal 2013.

H&M Ecommerce Site Goes Live  Aug 01, 2013 12:54 PM By Daniela Forte

H&M, Hennes & Mauritz, one of the world’s largest retailers known for offering high fashion and quality basics at affordable prices, is proud to announce the launch of its highly anticipated Shop Online store

Fab.com Plans to Eliminate Over 100 Jobs By End of 2013  Jul 31, 2013 11:35 AM By Daniela Forte

Fab.com announced its plans this week to centralize operations from Europe to its New York City headquarters, according to a recent blog post written by CEO and founder Jason Goldberg.

Hanes to Acquire Maidenform Brands for $575 Million  Jul 30, 2013 2:49 PM By Erin Lynch

Clothing retailer Hanes has announced that it will acquire intimate apparel retailer Maidenform to the tune of $575 million.

Hudson’s Bay Acquires Saks  Jul 29, 2013 1:28 PM By Daniela Forte

Hudson’s Bay Company announced on July 29 the acquisition of Saks, valued at $2.9 billion or $16 a share, according to a press release from Sak’s Fifth Avenue. Hudson’s Bay Company also owns Lord & Taylor and Home Outfitters.

Mobile Payments Fizzle in U.S., Sizzle Globally  Jul 27, 2013 9:39 PM By Ralph Dangelmeier

Predictions for the uptake of mobile payments by American consumers have been falling like the stock market in 2008, while global payments are zooming upward.






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