MCM Staff

[email protected]

Week in Review: Macy’s Downfall Sends an Omnichannel Message

| MCM Staff

Despite all the doom and gloom news that came out of Macy’s, Inc. on Jan. 6, chairman and CEO Terry Lundgren said its omnichannel investments are paying off.

It’s hard to argue against that: In November and December, the company filled nearly 17 million online orders at macys.com and bloomingdales.com.

But Macy’s really has the same problem other omnichannel retailers are experiencing. They are sacrificing store-level salespeople at the expense of technology, and not finding a happy medium to make the omnichannel experience a positive one.

Hudson’s Bay Company to Acquire Gilt

| MCM Staff

Hudson’s Bay Company announced that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements.

Wayfair.com Mobile App Surpasses 2 Million Downloads

| MCM Staff

Wayfair’s mobile shopping activity points to an upward trend in mobile traffic with the majority of traffic to Wayfair occurring on phones and tablets. Phone traffic has been sharply on the rise throughout 2015 as consumers have been switching from PCs and tablets to the phone.

Week in Review: Star Wars! Nothing But Star Wars!

| MCM Staff

A little Star Wars’d out lately? With “Star Wars: Episode VII” (AKA “Star Wars: The Force Awakens”) having its much hyped and anticipated opening today, everybody is trying to get in on the action. And this also means Multichannel Merchant’s inbox has been flooded this week with all sorts of Star Wars stats and pitches.

Dylan’s Candy Bar Achieves Double-Digit Revenue Growth

| MCM Staff

NetSuite Inc. a provider of cloud-based financials / ERP and omnichannel commerce software suites, announced that Dylan’s Candy Bar, the largest state-of-the-art sweets emporium and candy lifestyle brand, has achieved double-digit revenue growth since deploying NetSuite.

Chinese Consumers Shop U.S. Brands for Holiday 2015

| MCM Staff

China-based consumers shopping U.S. brands online through Alipay ePass has increased 8 times over last year. Check out this infographic highlighting this growth, as well as increases in sales, top categories, key demographics, and shoppers by region.