While WalMart in the U.S. is moving full-steam ahead both online and in-store, internationally the company is seeing slower growth in several key markets. See how Wal-Mart is doing globally with its business.
Walmart plans to invest at least $1.2 billion in its digital and ecommerce business the year ahead. See what other ecommerce initiatives have planned.
UPS plans to spend $175 million to increase holiday shipping capacity, including adding 50 new hub sorts and going from limited to full operations on Black Friday.
FedEx reported revenue was up 4% and net income up 141% for the fourth quarter ended May 31.
Ulta Beauty continues to enhance the online shopping experience with new releases of the platform, including a product Q&A platform called “Ask Ulta” on the site and the addition of brand stores to highlight collections and the rest of the assortment, as well as promote services like the Benefit Brow Bars.
Wet Seal, Inc., saw its consolidated comparable store sales decline 16.9% in the first quarter, but ecommerce sales for its Wet Seal brand did increase 8.4%.
However, Sears Holdings announced online and multichannel sales grew 26% over the prior year first quarter;
eBay Inc. saw a 14% increase in revenue to $4.3 billion during its first quarter compared to the first quarter in 2013, the company said April 29.
1-800-Flowers.com Inc., saw a 6.3% decline in revenue during its third quarter. It reported revenues of $179.6 million compared to revenues of $191.6 million in 2013.
Michaels Stores, Inc. reported its financial results for the fourth quarter and fiscal year ended February 1, 2014. The company saw an increase of 2% in net sales for the fourth quarter.