UPS Kicks Off Peak Week
UPS’s extensive network is designed to provide for timely and safe delivery of customers’ holiday gifts. Customers can ship as late as Monday, Dec. 23, using UPS air services.
MCM Staff
Green Monday Jumps 10% to $1.4 Billion in Desktop Sales
Online sales from Thanksgiving through Cyber Week was up a strong 24%, with Green Monday expected to headline what could be the biggest online spending week in history.
Cheesewright Named CEO of Walmart International
Walmart announced today that David Cheesewright will become the president and CEO of Walmart International. At his previous post with the retailer, Cheesewright was the president and CEO of Walmart’s Europe, Middle East, Africa and Canada. Cheesewright will assume his new role on Feb. 1, 2014.
Backcountry Acquires European Online Retailer Bergfreunde.de
Backcountry.com, an online outdoor retailer, has expanded its global reach with the acquisition of Bergfreunde.de, an ecommerce company that caters to outdoor enthusiast in Germany, Austria, and Switzerland.
Retailers Estimate Holiday Return Fraud Will Cost Them $3.4 Billion
As one of the most serious, but often most misunderstood, retail loss prevention issues, return fraud costs retailers billions of dollars every year.
Aeropostale Sees Online Sales Decline in 3rd Quarter
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.”
J.Crew’s 3rd Quarter Shows 21% Increase in Direct Sales
J. Crew has released its third quarter financials on Dec. 4, showing a revenue increase of 11% to $618.8 million. Store sales increased 7% to $420.2 million and direct sales increased 21% to $189.8 million.
Cyber Monday Sales Increase 150% on Smartphones
Branding Brand, the mobile commerce platform to top retailers, today announced the results of its Mobile Commerce Index for Cyber Monday, which showed a 150% increase in sales on smartphone-optimized websites.
Wayfair.com Reports Record Cyber Monday Sales
Wayfair.com, online retailer of home furnishings and decor, reported record Cyber Monday sales that surpassed $9 million, a 50% increase in year over year growth.
comScore: Cyber Monday Desktop Sales Reach $1.735 Billion
Cyber Monday reached $1.735 billion in desktop online spending, up 18% versus the same day in 2012, representing the heaviest online spending day in history, according to comScore.