Williams-Sonoma Sees 15.3% Increase in Direct-to-customer
Williams-Sonoma Inc. reported that its direct-to-customer net revenues increased for the second quarter to 15.3% to $478 million from $414 million in 2012, according to a press release.
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Lowe’s Completes Acquisition of Orchard Supply Hardware
Lowe’s Companies announced the completion of its acquisition of Orchard Supply Hardware on Aug. 30. The acquisition, which includes 72 Orchard Supply stores, is valued at $205 million, according to a press release.
Jarden to Acquire Yankee Candle For $1.75 Billion
Jarden Corp. has agreed to acquire Yankee Candle Investments from Madison Dearborn Partners for approximately $1.75 billion in cash, subject to working capital and other adjustments. here’s why Jarden wants to add Yankee Candle to its portfolio of retail brands.
Infographic: Social Meowdia Explained
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How to Create Blurred Lines Between Ecommerce and Brick-and-mortar
To create blurred lines between online and brick-and-mortar retailing, and even go beyond what’s possible in physical stores, ecommerce sites must deliver an intimate, self-contained, collaborative shopping experience in the user’s browser. Let’s explore some of the new capabilities that online retailers are using to bring people face to face on their websites.
Deliv Brings Same-day Delivery to Mall Shoppers
Deliv has announced a partnership with a subsidiary of General Growth Properties to offer same-day delivery service to customers of four GGP shopping malls. Here’s a look at how Deliv’s same-day delivery program will work.
Abercrombie & Fitch Sees Growth in China
Abercrombie & Fitch Co. reported strong growth in its direct-to-consumer business in China, according to its second quarter report.
Barnes & Noble Sees Disappointing Digital Sales in Q1
Barnes & Noble reported a decrease in sales of 8.5% reaching $1.3 billion for its first quarter 2013, compared to last year, according to a press release.
Staples Reports 3% Increase In Online Sales For Second Quarter
Staples saw a decrease of 2% reaching $2.4 million in overall sales for North American stores, while online sales grew 3%, according to a press release.
Sears Reports $194 Million Loss 2nd Quarter
The Sears Holding Corporation, which operates Sears, Roebuck and Co., and Kmart, reported a 6% or $194 million loss in the second quarter. However, the online sales for both sears.com and kmart.com grew over 20%.