News
Donald Watros Named President of Hudson’s Bay Company
Hudson’s Bay Company announced that Donald Watros, who is currently the company’s chief operating officer, has been named president of HBC effective Feb. 1, according to a press release by HBC.
Hickory Farms Poised for a Strong Holiday 2013
The new HickoryFarms.com site was launched in October and has faster page load times, is easier to navigate, and has improved search and checkout functions. Fans can shop on-the-go with the site’s mobile and tablet-friendly design.
Search Advertising Brings Revenue Boost for Retailers Online
A recent report by Kenshoo provides insights by advertisers and documents the growing role of mobile search. The report found there was a 19% year-over-year increase in global sales revenue and 31% in the U.S. driven by search advertising.
Amazon to Launch Pantry in 2014
Amazon is working to expand its consumer packaged goods market and take on warehouse club stores like Costco and Walmart’s Sam’s Club with its new business the Pantry, according to a report by USA Today.
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.
Belk Plans Ecommerce Distribution Center Expansion
Department store retailer Belk, Inc. announced plans to expand its ecommerce distribution and fulfillment center in South Carolina.
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.
Lululemon Founder Resigns as Board Chairman
Lululemon Athletica Inc., a yoga-inspired athletic apparel merchant, announced that founder Chip Wilson is resigning from his position as chairman of the Board of Directors, according to a press release. He plans to step down prior to the company’s annual meeting in June 2014.
Sears Announces Its Separation from Lands’ End
Sears Holdings Corp. announced its separation from its Lands’ End clothing business, according to a press release. Lands’ End Inc., filed a registration statement with the Securities and Exchange Commission on Dec. 6.