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Cold weather chills Ann Q1 profit
June 6, 2013

New York -- Ann Inc., which runs the Ann Taylor and Loft, reported that its fiscal first-quarter net income dropped 27%, as unseasonably cold weather held back sales of...

Rakuten Acquires Fulfillment Service As it Vies With Amazon
June 6, 2013

Rakuten, the online marketplace that acquired Buy.com in the U.S., is now extending its capabilities to include a more robust fulfillment service for its third-party merchants. The Japanese company has been on an acquisitions spree to extend its marketplace around the globe in a direct challenge to Amazon.com. Rakukten will acquire Webgistix, a Las Vegas-based company specializing in cloud-based fulfillment technology for e-commerce retailers, and is Rakuten's second logistics investment outside of Japan.

Amazon Welcomes Sellers to New India Marketplace
June 6, 2013

Amazon.com launched a new marketplace in India that's open to third-party sellers in that country. This is the first local Marketplace launch since 2011, when Amazon launched its Marketplace in Italy and Spain. Amazon is offering cash on delivery in addition to electronic payments, and its Indian marketplace will allow "sellers of all sizes" to list on the site through the Selling on Amazon and Fulfillment by Amazom programs.

The State of Social UGC Among Top 10 Brands at IRCE 2013
June 6, 2013

In the race for compelling and relevant content, online retailers usually fail to see just how much quality user-generated content (UGC) is created by their existing social fans. The online retailers that are able to collect and display their best photos, videos and testimonials are tapping into an effective content pool that has limitless inventory and drives an increase in conversions because of its authentic, engaging nature.

The Top 10 Cities for Organized Retail Crime
June 6, 2013

Organized retail crime may have decreased very slightly last year, according to a new National Retail Federation (NRF) study, but it remains a massive problem and the nation's largest cities are especially prone to organized activities. NRF's ninth annual Organized Retail Crime (ORC) Survey found that 93.5 percent of retailers said they had been victimized by organized retail crime during the past year, down slightly from 96 percent the prior year. For the past three years, more than 90 percent of the retailers surveyed said they were victims of ORC.


Walgreens Q3 sales up 3.3%
June 5, 2013

Deerfield, Ill. -- Walgreens on Wednesday posted third-quarter sales of $18.3 billion, up 3.3%. Same-store sales were up 1.3%, with front-end comparable store sales up by 0.3% and pharmacy comp...