The San Francisco-based entrepreneurs who launched a new marketplace Wednesday hope to connect with those who want to buy or sell high-end antique or designer furniture online, a market they believe has been underserved. Chairishis a site for high-end...
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MENOMONEE FALLS, Wis. โ Kohlโs Corporation reported fourth quarter diluted earnings per share of $1.66 compared with $1.81 for the fourth quarter of 2011. Net income for the fourth quarter was $378 million compared with $455 million a year ago. For the...
NEW YORK โ Luxury fashion house J. Mendel has announced that Susan Sokol will step down as president and COO of the company, and will transition her duties over the coming weeks. Sokol joined J. Mendel as president and COO in 2008. During her almost...
Hoffman Estates, Ill. -- Sears Holding Corp. said its net loss for the quarter ended on Feb. 2 narrowed to $489 million from $2.4 billion a year earlier. Total costs dropped 2.2% to $12.88 billion in the fourth quarter. Revenue declined 1.8% to $12.26...
Fort Meyers, Fla. -- Chico's FASโ fiscal fourth quarter net income rose 26%, helped by new store openings and the same of more items at full price. The quarter also had an extra week of sales. Chicoโs earned $31.5 million for the 14 weeks ended Feb. 2,...
As on-site social software becomes increasingly common, online retailers are searching for ways to use social data from Facebook Open Graph to spot consumer trends and uncover insights that they can use to create smarter marketing and more relevant product offerings. In the process of combing through the data, some firms have found that their shoppers are exactly who they thought they were, while others found a few surprises.
Mid-sized retailers' profit margins continue to shrink under increased pressure and competition from big-box retailers, according to a new report by Phoenix-based e-sourcing solutions company Intesource. According to โBattling with the Big-Boxes: Three...
FRAMINGHAM, Mass. โ The TJX Companies reported that sales for the 14-week fourth quarter ended Feb. 2 were $7.7 billion, a 15% increase over the prior year. Consolidated comparable-store sales for the quarter on a 13-week basis increased 4% over the prior...
With so many consumers now shopping online across all of their devices, merchants who want to stay ahead of the commerce curve (and their competition!) need to consider all of the ways a shopper may interact with their brand over the course of a single sale. Proper planning is a must. In our first in a series of e-commerce infographics, we map out what an average sale in today's multidevice world might look like.
Chesapeake, Va. -- Dollar Tree Inc. reported Wednesday a bigger-than-expected profit of $228.6 million for the quarter ended on Feb. 2, up from $187.9 million in the year-ago period. Sales climbed 15.4% to $2.25 billion, boosted by an extra week in the...