MCM Staff

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Lowe’s Launches Natural Gas-Powered Truck Fleet

| MCM Staff

Lowe’s has launched a dedicated fleet of natural gas-powered trucks at its regional distribution center in Mount Vernon, TX, making the DIY home improvement merchant’s fleet among the first serving a major retail distribution center in North America to run solely on natural gas.

Overstock.com’s 3Q Revenues Rose 18%

| MCM Staff

Total net revenue for Q3 2013 and 2012 was $301.4 million and $255.4 million, respectively, an 18% increase. The growth in net revenue was primarily due to a 16% increase in average order size, from $147 in Q3 2012 to $170 in Q3 2013, coupled with a 2% increase in orders.

Kmart and Sears Highlight Holiday Gameplans

| MCM Staff

Sears, Roebuck and Co. has announced its strategies to attract holiday shoppers this season. For example, Kmart will roll out its Lease-to-Own program in time for Black Friday, while Sears announced it has more than 95 million items available via Sears Marketplace.

Integrated Distribution Services Expands Into New Facility

| MCM Staff

Integrated Distribution Services’ need for additional warehouse space is attributed to its continued growth in order fulfillment for the ecommerce, retail and direct selling markets. The new facility will provide IDS with 100,000+ square feet of warehouse space, in addition to its current 350,000+ square foot facility.