News ARCHIVE

Nordstrom’s Ecommerce Sales Rose Faster than Amazon.com  May 17, 2014 2:35 PM By Tim Parry

Nordstrom direct net sales increased 33% in the first quarter, driven by expanded merchandise selection and ongoing technology investments to enhance the online experience.

JCPenney Online Sales are Growing Faster than Amazon  May 16, 2014 9:58 AM By Tim Parry

Is JCPenney growing faster than Amazon.com? Not really. But based on its new sales reporting methodology, JCPenneys’ first-quarter online sales grew at a faster pace than Amazon’s. Here’s why.

comScore: U.S. Ecommerce Spending Grows Nearly 12%  May 15, 2014 6:00 AM By Tim Parry

Desktop ecommerce accounted for 11.7% of consumers’ discretionary spending, the highest first quarter share on record. Of the additional $7.3 billion in mobile commerce, purchasing using smartphones accounted for 62% vs. 38% from tablets.

Macy’s Inc. Not Interested in Sears Canada  May 14, 2014 3:47 PM By Tim Parry

Sears Holdings announced Wednesday that it is exploring strategic alternatives for its 51% interest in Sears Canada, including a potential sale of Sears Holdings’ interest or Sears Canada as a whole. But don’t expect Macy’s Inc. to make an offer.

Vera Bradley Announces New Vice President of Ecommerce  May 14, 2014 10:41 AM By MCM Staff

Vera Bradley announced that Thomas R. Giacalone has been named vice president of ecommerce, according to a press release.

Genco Marketplace Re-Launches NoBetterDeal.com  May 13, 2014 10:59 AM By MCM Staff

Genco Marketplace re-launches its online direct-to-consumer store – NoBetterDeal.com. The new online store has enhancements that improve the user experience for bargain shoppers.

The Liquidation of Coldwater Creek Begins  May 12, 2014 11:27 AM By MCM Staff

A joint venture of Gordon Brothers Group and Hilco Merchant Resources began Coldwater Creek’s closing sales on May 8. The women’s apparel seller filed for Chapter 11 bankruptcy protection on April 11.

Rue La La Announces the Launch Of DressingRoom  May 12, 2014 11:11 AM By MCM Staff

Highlighting particular looks or themes, Rue La La’s DressingRoom will give members access to inspiration from necklaces to vases, and linens to maxidresses, to bring style to their closets and living rooms.

The Bon-Ton Leasing New Fulfillment Center in Ohio  May 09, 2014 11:27 AM By MCM Staff

E Smith Realty Partners has recently secured a 743,600-square-foot lease with The Bon-Ton Stores, Inc. for a direct-to-consumer fulfillment center in West Jefferson, OH.

USPS Suffers a Net Loss of $1.9 Billion  May 09, 2014 10:17 AM By MCM Staff

The U.S. Postal Service’s shipping and package revenue increased 8% to $252 million in the second quarter, and last mile service increased 26.4%. So why did the USPS sustain a $1.9 billion loss?






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