Pittsburgh -- American Eagle Outfitters Inc. earned $28 million in its first quarter, down from $39.7 million in the same quarter last year, as cooler weather hurt demand for its spring...
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Tumblr โ home of gifs, memes and NSFW photos โ has joined the ranks of corporate America: The company has been bought by Yahoo for $1.1 billion. Besides goofy cat videos and loads (seriously, loads) of pornographic material, Tumblr also hosts one of the most passionate, creative and irreverent fashion communities out there on the internet. So now the question is: How will that community, which so far has thrived on the free-for-all vibe that prevails at Tumblr, be affected by the new acquisition?
When Warby Parker opened a flagship in New York City, many people were shocked. No one expected the digital eyewear disruptor to expand its business to a brick-and-mortar store. Speaking at Internet Week this week, Neil Blumenthal, one of Warby Parker's founders, said the move was strategic. "We believe the future of retail is at the intersection of e-commerce and bricks-and-mortar," he said. "People think it's crazy that we went and signed a 10-year lease in SoHo, next to Ralph Lauren, across the street from the Apple Store. But we have actually
To manage SKU plans and forecasts across its brick-and-mortar stores and e-commerce business, Pier 1 custom built a proprietary planning system tailored to the "unique complexities" of its business and flexible enough to accommodate future growth. When designing the new system, the retailer factored in its six DCs and the various transit times necessary to maintain optimal inventory levels at each, plus ocean transit and vendors' lead times, Michael Benkel, EVP of planning and allocation, said on a recent analyst call.
Amazon.com has its site set on another category and this time it is men's grooming. The company has launched its new Men's Grooming store with a black and white motif and expanded content to help...
DALLAS โ Bon-Ton is turning to PeopleAnswers to help the company improve retail sales and lower employee turnover. Under the terms of a five-year software licensing agreement, the company will...
Framingham-based office retailer Staples Inc. is seeing the impacts of store closings and weaker sales of some items, it reported today. Staples reported first-quarter sales of $5.8 billion, down 4...
At Kohl's, we're always making headlines. Below is the full version and PDF of our most recent press release. You will also find our five most recent releases on the right. To view all of the...
TJX Cos., the Framingham-based parent company of off-price retailers T.J. Maxx, Marshalls and HomeGoods, said earnings per share rose 13 percent in the quarter that began its new fiscal year. For...
While the use of mobile tablets (such as the iPad) as point-of-sale devices is growing rapidly, with shipments increasing at a rate of 38 percent in 2013, many retailers are still slow to adopt them, according to a new study from research firm IHL Group. The mobile POS market will surpass $2 billion in hardware/software sales in North America in 2013, and 28 percent of North American retailers plan to adopt mobile POS in some form by the end of 2013, said the study, called Mobile POS: Hype to Reality.