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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.
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.
However, Sears Holdings announced online and multichannel sales grew 26% over the prior year first quarter;
The database, which was compromised between late February and early March, included eBay customers’ name, encrypted password, email address, physical address, phone number and date of birth. However, the database did not contain financial information or other confidential personal information.
Walmart’s first-quarter global ecommerce sales rose 27%, the mass merchant announced on May 15. That growth is faster than ecommerce behemoth Amazon.com, which saw a 23% rise in sales during the comparative quarter.
Nordstrom direct net sales increased 33% in the first quarter, driven by expanded merchandise selection and ongoing technology investments to enhance the online experience.
by Jim Davidson
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by Tim Parry
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