QVC has announced the promotion of Claire Watts to the newly created position of CEO of U.S., reporting to QVC President and CEO Mike George. Watts' new position, which is effective immediately, includes responsibility for the overall strategy and operations of QVC's U.S. business.
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The 50-year-old to 64-year-old demographic is leading the way in online consumer packaged goods (CPG) sales, according to a study by the Integer Group and M/A/R/C Research. Shopping in general might be down, but online shopping is way up (the US just finished its biggest ecommerce holiday shopping season ever).
eBay rose after it gave a sales and profit forecast that surpassed analysts' estimates, reflecting progress in a turnaround effort by Chief Executive Officer John Donahoe.
JOHANNESBURG (Dow Jones)--South African retailer Woolworths Holdings Ltd. (WHL.JO) said Thursday it has appointed former Marks & Spencer Group PLC (MKS.
Chain-store sales for the week ended Jan. 15 rose 1.4 percent from the year-earlier period, their smallest gain since May 22, according to a survey released by the International Council of Shopping Centers and Goldman Sachs.
"Our new store productivity remains strong, and we continue to identify and secure exciting new locations, which continue to move us another step closer toward our goal of becoming a national retailer," said Dennis May, president and CEO of hhgregg.
The National Retail Federation's BIG Show fills the Javits Center with people from every area of retail, and everyone I talked with seemed to have video on their mind. Three things stood out from my conversations.
Four months after Texas officials told Amazon.com Inc. that it owes $269 million in uncollected sales taxes, the online retail giant has filed a lawsuit demanding that the comptroller's office release the audit information it used in arriving at that amount.
Welcome to augmented reality (AR), also known as interactive video technology, which is set to transform the consumer experience.