Nordstrom’s Ecommerce Sales Rose Faster than Amazon.com
Nordstrom direct net sales increased 33% in the first quarter, driven by expanded merchandise selection and ongoing technology investments to enhance the online experience.
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JCPenney Online Sales are Growing Faster than Amazon
Is JCPenney growing faster than Amazon.com? Not really. But based on its new sales reporting methodology, JCPenneys’ first-quarter online sales grew at a faster pace than Amazon’s. Here’s why.
comScore: U.S. Ecommerce Spending Grows Nearly 12%
Desktop ecommerce accounted for 11.7% of consumers’ discretionary spending, the highest first quarter share on record. Of the additional $7.3 billion in mobile commerce, purchasing using smartphones accounted for 62% vs. 38% from tablets.
Macy’s Inc. Not Interested in Sears Canada
Sears Holdings announced Wednesday that it is exploring strategic alternatives for its 51% interest in Sears Canada, including a potential sale of Sears Holdings’ interest or Sears Canada as a whole. But don’t expect Macy’s Inc. to make an offer.
Vera Bradley Announces New Vice President of Ecommerce
Vera Bradley announced that Thomas R. Giacalone has been named vice president of ecommerce, according to a press release.
Genco Marketplace Re-Launches NoBetterDeal.com
Genco Marketplace re-launches its online direct-to-consumer store – NoBetterDeal.com. The new online store has enhancements that improve the user experience for bargain shoppers.
The Liquidation of Coldwater Creek Begins
A joint venture of Gordon Brothers Group and Hilco Merchant Resources began Coldwater Creek’s closing sales on May 8. The women’s apparel seller filed for Chapter 11 bankruptcy protection on April 11.
Rue La La Announces the Launch Of DressingRoom
Highlighting particular looks or themes, Rue La La’s DressingRoom will give members access to inspiration from necklaces to vases, and linens to maxidresses, to bring style to their closets and living rooms.
The Bon-Ton Leasing New Fulfillment Center in Ohio
E Smith Realty Partners has recently secured a 743,600-square-foot lease with The Bon-Ton Stores, Inc. for a direct-to-consumer fulfillment center in West Jefferson, OH.
USPS Suffers a Net Loss of $1.9 Billion
The U.S. Postal Service’s shipping and package revenue increased 8% to $252 million in the second quarter, and last mile service increased 26.4%. So why did the USPS sustain a $1.9 billion loss?