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Press Releases ARCHIVE

USPS Ends Q1 with $354 Million Loss, Shipping Revenue Up 14%  Feb 10, 2014 1:41 PM By Erin Lynch

While the U.S. Postal Service ended the first quarter of 2014 with a net loss of $354 million, its shipping business increased by 14%. This growth, UPS said, was fueled by an increase in online shopping and Sunday deliveries in limited U.S. markets.

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.

SLI Systems Moves Clients Off Google Commerce Search  Feb 05, 2014 9:25 AM By MCM Staff

SLI Systems today announced that it is renewing its special terms offer for its learning-based site search solution for retail and eommerce sites currently using Google Commerce Search, which is set to expire in the next few months.

Acme Tools Launches Redesigned Website  Feb 05, 2014 8:59 AM By MCM Staff

Acme Tools today unveiled its new ecommerce website at AcmeTools.com. The redesigned digital platform, was built on IBM WebSphere Commerce and deployed by IBM business partner BlueSky Technology Partners.

Walmart Canada Expanding Reach with $500 Million Investment  Feb 05, 2014 8:48 AM By Erin Lynch

Walmart Canada announced that it will invest close to $500 million over the next 12 months in an effort to expand its network and its distribution and ecommerce operations.

One Kings Lane Hires New CTO  Feb 04, 2014 2:34 PM By MCM Staff

One Kings Lane announced it hired ecommerce veteran Arun Rajan as the new Chief Technology Officer. Rajan comes to One Kings Lane from Zappos, where he spent more than four years as chief technology officer.

Amazon Price Hike to Have Limited Effect on Subscribers  Feb 03, 2014 12:16 PM By Erin Lynch

Amazon announced late last week during its fourth quarter conference call to investors that it was planning on raising its Amazon Prime annual subscription of $79 to potentially $99 or even $119. Even though the increase may seem steep, many experts are saying the move will not hurt business.

Shoppers Want In-Store Experience to Match Online Convenience  Feb 03, 2014 10:51 AM By MCM Staff

Even as online shopping continues to grow, more U.S. shoppers are planning to make purchases from physical stores, according to the results of the latest study of “seamless retailing” by Accenture.

Amazon Q4 Sales up 20%, Falls Short of Expectations  Jan 30, 2014 4:43 PM By Erin Lynch

Amazon’s fourth quarter financials have been released which show net sales have hit $25.59 billion and an increase of 20% compared to Q4 2012.

Destination Maternity Reports Q1 Sales Decrease of 0.3%  Jan 30, 2014 2:04 PM By MCM Staff

Net sales for the first quarter of fiscal 2014 decreased 0.3% to $134.8 million from $135.3 million for the first quarter of fiscal 2013.






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