The year 2016 has not been an easy one for Target — as its same-store sales have slipped, grocery has been an ongoing problem, and Target finds itself increasingly squeezed from two sides: by an expanding Walmart in the physical world and an ever-growing Amazon...
WBR Digital and eTail just released a new benchmarking report on retail omnichannel adoption. The report is based on the responses of 98 executives from multiple sectors — specialty retail, stand apparel, high-end fashion and more — who are all leaders in either multichannel, pure-play,...
With holiday shopping in full swing, online retailer Zappos is automatically adjusting prices to match online competitors in order to draw in shoppers. The company plans to offer the price matching promotion on select products through Nov. 20, but there’s a chance it could be...
Home furnishings firm Wayfair’s earnings grew 53 percent in the latest quarter to $832 million, reported InternetRetailer.com. That growth came on the heels of continued expansion in areas as diverse as eCommerce logistics and international reach. The company’s direct retail revenue via eCommerce at sites such...
Shares of online retailer stocks managed to lag the broader markets in October, a performance that at least partially keyed into lackluster earnings results for the third quarter, which ended in September. Overall, InternetRetailer.com said its tracking of 25 eCommerce names showed the group off 6.5...
Dollar General has more big plans. But this time, the low-cost retailer’s big plans are to go a bit smaller. In early 2017, Dollar General plans to open a smaller-concept convenience store in downtown Nashville, Tenn. If all goes well, the company hopes to build another...
Could a happy holiday season be in the offing for Macy’s? Upon issuing third-quarter results Thursday morning, the department store operator boosted its sales outlook for the remainder of the year, tied in part to better results than the Street expected. The bottom line, adjusted...
Once trick-or-treating ends, the masks come off, and the shopping game faces go on. Retailers in-store are raring to go with news of their Black Friday shopping plans, from when stores are open and for how long. But online, the focus seems to be more...
Cash is dead …. or dead weight, at least. According to the Sage Payments Landscape report on U.S. small and medium businesses, cash is costing businesses $80.6 billion each year. But 90 percent of consumers say businesses must offer a variety of payment methods. Of 307...
