MULTICHANNEL MERCHANT » NEWS
Teen and tween discounter Five Below announced today it has named Joel Anderson as president. Anderson was previously president and CEO of Walmart.com, according to a press release from Five Below.
Sailing Capital Consortium won the June 2 auction for a final purchase price of $135.7 million. Under Sailing, Brookstone will continue to operate as a stand-alone company and brand.
Frederick’s of Hollywood Group Inc. has announced the completion of its acquisition led by a group consisting of HGI Funding LLC. The total transaction is valued at approximately $24.8 million.
Tagged Threads, an art-based clothing line, launched its website in May, and has partnered with Think Logistics for its ecommerce and direct-to-consumer fulfillment solution.
The Best Cigar Prices Father’s Day Cigar Catalog is a 96-page catalog featuring hundreds of unique cigar and cigar accessory items from the top brands in the industry.
Pre-built integration makes it faster and easier for Demandware clients to deploy Bongo’s InternationaleCommerce Solutions.
Arden B. will soon just be a memory, as its parent company, Wet Seal, Inc., announced it has already begun winding down that business.
Target will test same-day delivery next month in three markets, the discount department store merchant said May 21 during its first-quarter earnings call.
Gap Inc. reported an increase of 13% in online net sales to $575 million on top of last year’s 27% increase, according to a press release. The company continues its progress toward bridging the growing digital world with its physical stores.
However, Sears Holdings announced online and multichannel sales grew 26% over the prior year first quarter;