SLI Systems today announced it will have a compelling exhibit that showcases brand name retailer search implementations and new search and merchandising features at the world’s largest e-commerce event, IRCE 2014, being held June 10–12 in Chicago, Ill.
However, Sears Holdings announced online and multichannel sales grew 26% over the prior year first quarter;
Craftsvilla.com, which is India’s largest online store for Indian products like jewellery, sarees, salwar suits, accessories and handicrafts, today announced launch of largest collection of Indian jewellery in the world.
Nordstrom has announced plans to open its third fulfillment center Elizabethtown, Pa. Construction for the 672,000-square-foot building began on Jan. 20 and is scheduled to open in summer 2015.
Overstock.com has announced it is now accepting the controversial cryptocurrency, Bitcoin, as a form of payment along with Visa, MasterCard and PayPal.
Aeropostale, a specialty retailer of casual apparel for young women and men, released its third quarter results, which showed a 15% decrease in net sales and comparable sales, which include the ecommerce channel. CEO Thomas P. Johnson said in the release that he was “disappointed in the overall performance as customer adoption is occurring more slowly than we would like against the backdrop of a challenging teen retail environment.”
Loyalty programs are becoming increasingly popular among retailers and consumers alike. However, as more and more consumers are opting in to these types of programs, over 30% of shoppers say the amount of personal information requested by a merchant is a major factor when considering signing up for a loyalty program or not.
If the forecasting of a recent Monetate report is accurate, marketers might want to revise their ecommerce email plan since its influence rate is starting to dip with consumers. But the forecast isn’t all bad news, according to the report, not only is social traffic on the rise for consumers but tablets should outpace smartphones this year.
Outdoor apparel and gear retailer, REI, has named Jerry Stritzke as the company’s president and CEO following an extensive national search. Prior to joining REI, Stritzke was the president and COO at Coach but resigned on September 2.
OfficeMax released it’s second quarter financials and according to the report the office supply retail saw a 4.3% decrease in sales.