Seattle -- Nordstrom announced plans to open a Nordstrom Rack in Louisville, Ky. The 33,000-sq.-ft. store, at Shelbyville Road Plaza, is scheduled to open in fall 2013 and will be the retailer's first location in the state. Nordstrom is also expanding...
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PARIS โ Hennes & Mauritz AB said profit after tax in the first quarter slumped 11.4 percent to 2.46 billion Swedish kronor, or $378.84 million, compared with the corresponding...
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Developing a "next generation fulfillment network" will be one of Wal-Mart's key global priorities for this year, along with investing in a global e-commerce platform that will provide the world's largest retailer with common digital technology in multiple countries. Work on the fulfillment network will begin in the U.S.
San Francisco โ Williams-Sonoma reported that fourth-quarter earnings per share grew 15% to $1.34 and that quarterly revenue grew to $1.406 billion versus $1.268 billion in 2011, with comparable brand revenue growth of 4%. Fiscal 2012 earnings per share...
FRAMINGHAM, Mass. โ Staples has launched its own Windows Store app for Staples.com. The app provides customers with access to Staples Rewards and features tools that make it easier for small businesses to research and shop for everything they need for...
When it comes to paying with plastic at the cash register, you know the drill. A quick swipe, a signature and the contents of your shopping cart are yours. But sometimes the cashier asks for one more thing: "May I have your ZIP code, please?" So what's a credit card customer to do when a merchant asks for a ZIP code at the cash register? Two states have now declared the practice violates their privacy laws.
COLUMBUS, Ohio โ DSW reported that its fourth quarter sales increased 15.7% to $594.3 million from $513.7 million for the same period last year. Comparable sales increased 3.6%. The company reported that fourth quarter adjusted EPS rose to 69 cents per...
In a decision hailed as a significant victory for online sellers, the U.S. Supreme Court ruled on Tuesday that an eBay user is not liable for copyright infringement for reselling textbooks in the United States that he acquired overseas. By a...
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