Nearly half of online purchases in studied categories resulted from showrooming. Significantly, nearly a quarter of these online shoppers intended to buy their item in the store, but ultimately purchased online – primarily due to price and convenience.
Total holiday retail sales increased 3.0 percent, below NRF’s projected forecast of 4.1 to $579.8 billion. Additionally, non-store holiday sales grew 11.1 percent. Shop.org in October forecasted a 12.0 percent growth in online sales in the months of November and December.
Sales for the Company’s e‑commerce and catalog direct sales businesses increased 17% in the quarter-to-date period ended January 12, 2013, on a comparable basis.
4R Systems, Inc., a leading provider of advanced inventory and supply chain services which help retailers increase profits by optimizing their inventory and related supply chain decisions, announced that Performance Bicycle has gone live with 4R Systems’ Profit Optimized Inventory Services.
This week, there are more up-and-down results coming in from crosschannel retailers. And two reports indicate spending overall was down in December.
NetSuite Inc. today announced that it has acquired Retail Anywhere, a provider of multichannel retail management solutions designed to improve the retail customer experience. The acquisition builds on NetSuite’s SuiteCommerce platform.
In honor of its 100th anniversary, legendary outdoor food and beverage brand, STANLEY, a brand of PMI, announces today the release of a limited edition 100th Anniversary Bottle and Shoulder Sling. In partnership with Filson, the iconic outfitter for the outdoor enthusiast for over 115 years, this commemorative product represents what these two legendary companies are celebrated for – functional design, renowned durability, and rich heritage.
Delia’s CEO Walter Killough has agreed to step down on April 1, four months before his contract is set to expire. The company has begun a search for a new CEO, and Killough may agree to continue to serve as CEO of Delia’s for a limited period of time after April 1, according to a press release.
Art.com Inc. has announced the acquisition of Zenfolio Inc. Zenfolio is a destination for professional and amateur photographers who need an online platform to upload, display, share, sell and market their photos and services.
Sears Holdings has announced that Louis J. D’Ambrosio will step down as Chief Executive Officer for family health matters at the end of the company’s fiscal year on February 2, 2013. Edward S. Lampert will then assume the role of CEO of Sears Holdings, in addition to his role as Chairman of the Board of Directors. Mr. D’Ambrosio will remain on the Board until the company’s next Annual Meeting of Stockholders to be held in May 2013 and will be available to assist with a smooth transition.