News ARCHIVE

Sears Holdings’ FY Revenues Down $1.7 Billion  Feb 27, 2014 6:49 AM By Tim Parry

Sears Holdings’ domestic comparable store sales declined 3.8%, comprised of decreases of 3.6% at Kmart and 4.1% at Sears Domestic in fiscal year 2013. Here’s a full look at Sears Holdings’ full-year financial results.

eBay and U.S. Department of Commerce Announce Promotional Partnership  Feb 26, 2014 11:46 AM By MCM Staff

This partnership advances the Obama Administration’s National Export Initiative, an ambitious plan to sell more American goods and services into foreign markets.

Data Breach Affects Target’s 4Q U.S. Sales  Feb 26, 2014 8:05 AM By Tim Parry

What did the major data breach at Target mean for the merchant’s bottom line? It meant fewer consumers shopping at the mass merchant, as well as a $17 million net expense related to the data breach investigation. Target announced Wednesday that sales for its U.S. segment in the fourth-quarter decreased 6.6%.

Lowe’s 4Q Sales Up 5.6%, FY Sales up 5.7%  Feb 26, 2014 7:40 AM By MCM Staff

Lowe’s sales for the fourth quarter increased 5.6% to $11.7 billion from $11.0 billion in the fourth quarter of 2012, and for the fiscal year, sales were $53.4 billion, a 5.7% increase over fiscal year 2012.

Nordstrom Reports 30% Increase in Ecommerce Sales for Q4  Feb 25, 2014 11:59 AM By Daniela Forte

Nordstrom saw a 30% increase in its direct-to-customer sales, which built upon last year’s 31% increase. The direct-to-customer increase was driven by expanded merchandise selection and ongoing technology investments to enhance the customer experience.

The Home Depot Sales Up 5.4% for Fiscal Year  Feb 25, 2014 8:37 AM By Tim Parry

The Home Depot’s sales for fiscal year 2013 were $78.8 billion, an increase of 5.4% from fiscal year 2012. Excluding the 53rd week in the prior fiscal year, sales for fiscal year 2013 increased 7.2% from fiscal 2012.

Solid Fourth-quarter Sales Spark Office Depot Inc.  Feb 25, 2014 8:04 AM By Tim Parry

All three business units of Office Depot Inc. saw double-digit sales in the fourth-quarter of 2013. And that surge helped Office Depot’s total sales for 2013 increase 5.1% for the year.

Vitamin Shoppe Ecommerce Revenues Rise  Feb 25, 2014 7:06 AM By MCM Staff

Ecommerce revenues at Vitamin Shoppe grew 25.5% for the fourth quarter and 19.4% for fiscal 2013, the health and wellness merchant said today. Here’s what CEO Tony Truesdale had to say about Vitamin Shoppe’s online growth.

Newegg Launches Canada Marketplace  Feb 24, 2014 11:32 AM By Daniela Forte

Newegg has expanded into Canada with promises to fuel the company’s growth. The Newegg Canada marketplace is looking to build long-term relationships with Canadian ecommerce sellers, and give them a sales channel to showcase their products.

Walmart’s Fiscal 2014 Global Ecommerce Sales Top $10 Billion  Feb 22, 2014 4:25 PM By Tim Parry

Wall Street wasn’t wowed when Walmart announced its consolidated net sales for fiscal year 2014. But the retailer was able to hang its hat on its global ecommerce sales, which grew 30% and surpassed $10 billion.






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