News ARCHIVE

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.

Oriental Trading Company Acquires SmileMakers  Feb 21, 2014 1:53 PM By Tim Parry

Oriental Trading Company has agreed to acquire SmileMakers, a direct retailer of patient giveaways and practice promotions for the dental and healthcare markets, as well as classroom incentives and aids to the education market, from Staples.

Valentine’s Day Customer Service Wilted for 1-800-Flowers  Feb 19, 2014 11:45 AM By Daniela Forte

While most people would have forgiven delivery people for not being able to make deliveries on uncleared roadways, many 1-800-Flowers customer took to social media to express their displeasure with the brand.

Online Sales Rose 8% Before Valentine’s Day  Feb 14, 2014 2:07 PM By Daniela Forte

Online shopping saw a rise of 8% during the week of Valentine’s Day compared to the same period in 2013, according to recent data from IBM.

Jos. A. Bank to Acquire Eddie Bauer for $825 Million  Feb 14, 2014 11:59 AM By Tim Parry

Jos. A. Bank has entered into an agreement to acquire Eddie Bauer from Golden Gate Capital in an $825 million cash and stock deal.

USPS to End Metro Post Same-day Delivery Program  Feb 12, 2014 11:31 AM By Erin Lynch

The Office of the Inspector General has announced that the United States Postal Service will end its same-day delivery pilot program, Metro Post, throughout the San Francisco area due to insufficient participation.

Online Sales Expected to Increase 9% to 12% in 2014  Feb 07, 2014 4:00 PM By Daniela Forte

Online sales in 2014 are expected to grow 9% to 12% in 2014 and overall retail sales are expected to increase 4.1%, an increase of 3.7% from 2013, according to the National Retail Federation.

Lbrands Reports January 2014, Fourth Quarter 2013 Sales  Feb 06, 2014 10:21 AM By MCM Staff

The company reported net sales of $731.2 million for the four-week period ended Feb. 1, 2014 compared to sales of $986.4 million for the five-week period ended Feb. 2, 2013.

International Ecommerce to Grow to $50 Billion by 2020  Feb 05, 2014 10:01 AM By Tim Parry

International sales from U.S. ecommerce retailers will jump from $11 billion in 2014 to almost $50 billion by 2020, according to a report by OC&C Strategy Consultants.






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