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Online crafts marketplace Etsy priced its initial public offering at $16 a share on Wednesday, at the high end of its expected range of $14 to $16 a share.
TJ Maxx has long been praised for offering discounted designer duds and luxe beauty products, among many other things. Now, if possible, the store just got even better. The brand launched its first ever online plus-size section on Thursday, giving "Maxxinistas" of all shapes and sizes an opportunity to find a bargain from the comfort of their own homes.
Target has agreed to pay MasterCard-issuing banks as much as $19 million to reimburse for losses related to the 2013 hack that resulted in up to 40 million accounts being breached.
Frederick's of Hollywood Group Inc., a Los Angeles lingerie brand that struggled to compete with rival Victoria's Secret, has closed all of its stores and will do business only online. "We no longer have store locations," the retailer said on its website, but added that its online store offered the same selection of merchandise.
Duluth Trading Co., the outdoor apparel retailer whose marketers rarely have met a pun they didn't like, apologized Wednesday to singer Don Henley for making one out of his name and a song. Henley, lead singer of the Eagles, sued Duluth Trading in October just a few days after the company started advertising its henley T-shirts with the slogan "Don a Henley and Take It Easy."
As widely expected, Europe's antitrust chief, Competition Commissioner Margrethe Vestager, has issued a formal Statement of Objections (SO) regarding the operation of Google's shopping search comparison service — marking the latest step in a five-year long antitrust investigation and an escalation of European anti-competition action against Mountain View.
Business-to-business online retailing has been witnessing strong growth due to the rapid migration of manufacturers and wholesalers from legacy systems to open, online platforms. As legacy systems involve the use of electronic data interchange, which is expensive and cumbersome to handle, B-to-B models will continue to move towards ubiquitous online platforms that allow buyers and sellers from anywhere in the world to transact goods and services with ease.
For Lush Cosmetics, an omnichannel retailer of handmade cosmetic and beauty products, everything the brand does has a story, from its product creation (all prodcuts are handmade in-house) to its ethical buying practices for its sourced materials to its chartitable giving to its ethical campaigns.
The March rebound in U.S. retail sales was less impressive than economists forecast, signaling consumers are in no rush to spend the windfall from cheaper fuel prices. Purchases increased 0.9 percent, the first gain in four months, according to Commerce Department figures issued Tuesday in Washington.
Over the weekend, MacRumors reader Andrew Turko sent an email to Apple CEO Tim Cook sharing his thoughts on the launch of the Apple Watch and its limitation to online orders only, and he received a response from Apple's executive team that sheds some light on Apple's concern over its launch plans and the potential for Apple Watch devices to ship out ahead of their prospective shipping dates.