Target outlined plans for $2 billion to $2.2 billion in capital expenditures this year, with $1 billion going to technology investments including its supply chain and inventory management systems.
Here we go again… A bipartisan group of Senators introduced a bill Tuesday that would allow local brick-and-mortar retailers to compete on a level playing field with out-of-state sellers. The bill, in some form, has been introduced by Senate three times this decade.
American Eagle Outfitters is seeing success with its omnichannel program, which contributed to good numbers for the fourth quarter.
Beauty retailer Sephora is upping its ecommerce fulfillment game, offering customers unlimited free two-day shipping for $10 per year, a la Amazon Prime.
In order to rationalize costs and focus more on omnichannel, Chico’s FAS plans to close 120 locations through 2017, including 35 this year.
Convenience, flexible delivery and payment options continue influence online consumers worldwide, says a new study conducted by comScore on behalf of UPS.
Luxury retailer Bergdorf Goodman announced that it has partnered with Borderfree to open its website and sell to international shoppers with BFX, Borderfree’s new global ecommerce platform for retailers.
Macys’ inventory levels continue to be negatively impacted as a result of protracted labor issues that tied up shipments at 29 West Coast ports for months.
Ace Hardware has begun a same-day delivery pilot via its own associates at 33 stores in Florida, Illinois, Colorado, Maryland, Texas and Arizona.
Nordstrom plans to open a third ecommerce fulfillment center in Pennsylvania that will put half of its customers within reach of two-day ground delivery.
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