Target to Close All 133 Stores in Canada
Target announced it was closing all 133 of its Canadian stores by the end of 2015, with plans to liquidate its assets.
News
RadioShack Prepares to File for Bankruptcy
RadioShack could file for bankruptcy as early as next month, according to several sources. See what this will mean for the electronics retailer.
O+F Distribution Center Roundup, Jan. 13, 2015
A listing of some recently announced distribution center and fulfillment center activity, including Radio Shack, Amazon, Under Armour, FedEx and Kmart.
Macy’s Inc. Restructuring with Omnichannel in Mind
Actions include a restructuring of merchandising and marketing functions at Macy’s and Bloomingdale’s consistent with the company’s omnichannel approach to retailing, as well as a series of adjustments to its field and store operations to increase productivity and efficiency.
UPS Said to Handle 4 Million Returns By First Week of January, Up 15% from 2013
With many consumers large and small finding that not everything Santa brought was exactly what they wanted, UPS said it expects to handle 4 million returns packages by the end of the first week in January, up 15% from 3.5 million in 2013. The company estimated this deluge of reverse logistics hit a peak of 800,000 packages on Jan. 6.
Ylang 23 Expands Globally via Borderfree and MarketLive
Cross-border solutions provider Borderfree announced that high-end jewelry retailer Ylang 23 is the first of its retail partners to expand its global ecommerce capabilities through its new connector on the MarketLive ecommerce platform.
Avenue Gets 28.48% Sales Conversion Rate with Referral Marketing
Customer referrals for Avenue, a fashion leader for plus size clothing, are converting its ecommerce site into a word-of-mouth powerhouse. See what plans it has in place going forward.
FedEx to Increase Fuel Surcharges Effective Feb. 2
As it is losing money from fuel surcharge revenue due to falling oil prices, FedEx plans to increase its fuel surcharge rates on Feb. 2, effectively putting them in line with rates from rival UPS.
USPS Exceeds Holiday Delivery Projections
The U.S. Postal Service exceeded its holiday delivery projections for 2014. See what steps the USPS took for both retailers and customers.
Tmall Global GMV Up 1,000% Since February Launch
Tmall Global, Alibaba Group’s ecommerce platform that provides a streamlined channel for Western retailers to sell directly to Chinese consumers, has seen sales increase by more than tenfold in its … Continue Reading →