News ARCHIVE

Men’s Wearhouse Launches Omnichannel Inventory Program  Mar 20, 2014 8:24 AM By MCM Staff

Customers can shop at over 900 stores from one location with Find-It App and Reserve Online, Pick up In-Store rollout.

SmartHub Report Finds Delivery Times Nearly Doubled over Cyber Monday  Mar 17, 2014 11:54 AM By MCM Staff

So how did over 230 of the leading merchants fare during the 2013 Cyber Monday? This report analyzed retailers response to shipping and delivery timing, free shipping, promotions, returns and customer service.

Nearly 12% of Holiday Gifts Were Not Delivered On Time  Mar 16, 2014 10:47 AM By Tim Parry

But it does not appear to be the result of shippers pushing that last-chance offer as close as possible to Christmas.

Global Sales Make Up 8.75% of U.S.-based Ecommerce Orders  Mar 15, 2014 4:43 PM By MCM Staff

U.S.-based ecommerce merchants who are not ready to sell internationally need to get themselves ready for global sales.

Destination XL’s 4Q Ecommerce Sales Rise 6.1%  Mar 14, 2014 11:24 AM By Tim Parry

But Destination XL’s overall sales were down for the fourth quarter. Total sales were $108.5 million compared with $114.9 million in the fourth quarter of fiscal 2012.

Amazon Pushes Prime Price to $99  Mar 13, 2014 4:36 PM By Tim Parry

After about six weeks of speculation, Amazon has announced it will raise the annual membership fee for Prime to $99. So, what will the price increase mean for its competitors?

Express Reports 14% Hike in Ecommerce Sales for 4Q 2013  Mar 12, 2014 9:46 AM By MCM Staff

Express saw an increase of 14% in its ecommerce sales in the fourth quarter of 2013 over 2012. For the entire year, the retailer reports a 25% increase in ecommerce sales over 2012.

Men’s Wearhouse To Acquire Jos. A. Bank for $1.8 Billion  Mar 11, 2014 12:28 PM By MCM Staff

Men’s Wearhouse and Jos. A. Bank announced that the merchants have entered into a definitive agreement in which Men’s Wearhouse will acquire all of the outstanding shares of common stock of Jos. A. Bank for $1.8 billion. Together, Men’s Wearhouse and Jos. A. Bank will have more than 1,700 stores in the U.S., with approximately 23,000 employees and sales of $3.5 billion on a pro forma basis.

ChannelAdvisor Partners with Alibaba Group’s Tmall.com  Mar 11, 2014 10:24 AM By Erin Lynch

ChannelAdvisor announced that it has partnered with Alibaba Group’s Tmall.com to help retailers bring their business across global borders.

Overstock.com Surpasses $1 Million in Bitcoin Transactions  Mar 05, 2014 3:16 PM By MCM Staff

Overstock.com announced that it has sold over $1 million in product to Bitcoin users since the online shopping site started accepting the cryptocurrency on Jan 9. According to Overstock.com, of the over 4,300 Bitcoin customers that made purchases with the site since January, almost 60% are new customers.






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