I recently found out about Amazon Collections and thought it was another great concept for Amazon to take part in. I personally spend a lot of my free time on the Amazon site looking for products, comparing prices with other major retailers or simply looking through the book section for new releases and New York Times Best Sellers.
Retail spending is constantly changing. Americans in 2012 spent $4.3 trillion on retail purchases. For ecommerce more than 5% or $225 billion was spent on ecommerce sites.
AdamAndEve.com reported strong sales and profits in its second quarter of 2013. The company reported a 12% increase from Q2 2012.
High-end apparel retailer Ralph Lauren reported “better than expected” first quarter 2014 results this week, according to a press release. Net income was $181 million for the first quarter compared to $193 million for first quarter fiscal 2013.
The Wet Seal announced ecommerce sales were flat for the second quarter, according to a release. The retailer reported $120.5 million in net sales, an increase of 6.0% from last year.
Macy’s Inc. and LIDS Sports Group, a subsidiary of Genesco Inc., announced each have signed an agreement to open a licensed team merchandise department in Macy’s stores and online, according to a press release.
Clothing and accessories merchant The Children’s Place apologized on social media this week for what many considered an offensive message on a girls’ t-shirt (See a sampling of tweets from outraged consumers here).
H&M, Hennes & Mauritz, one of the world’s largest retailers known for offering high fashion and quality basics at affordable prices, is proud to announce the launch of its highly anticipated Shop Online store
Having video on your ecommerce site is the perfect selling tool, it not only will boost conversion rates, but also customer satisfaction, according to Dr. Melody King, vice president of marketing and sales for Treepodia.
The Canadian-based lululemon athletica, a yoga-inspired athletic apparel company, announced it will be opening a distribution center in Columbus, Ohio, according to a press release.