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Overstock.com CEO Taking Temporary Leave of Absence
February 12, 2013

Overstock.com, Inc. today announced that its CEO and Chairman of the Board Dr. Patrick Byrne will be taking a personal leave of absence for medical reasons. Overstock.com President Jonathan Johnson will serve...

Stage Stores consolidates operations to boost efficiency
February 12, 2013

Stage Stores is consolidating its South Hill, Virginia regional operations into its Houston, Texas corporate headquarters, in an effort to increase efficiency, create synergies, reduce expenses and enhance growth. read more

Gander Mountain shoots for sales with firearms superstore.
February 12, 2013

ST. PAUL, Minn. โ€” With gun control at the forefront of public debate, it may seem like odd timing for Gander Mountain to open a firearms superstore. Yet, that is exactly what the outdoor retailer is doing in Ohio. The Gander Mtn. Firearms Super Center...

Michael Kors profit dips in Q3; nearly doubles full-year forecast
February 12, 2013

New York -- Michael Kors Holdings Ltd. reported Tuesday that profit for the quarter ended Dec. 29 decreased to $636.8 million, compared with $373.6 million in the year-ago period. However, the designer and retailer forecasted fiscal 2013 profit at more...

Amazon, QVC, Apple Dominate Mobile Retail
February 12, 2013

Amazon extends its domination of e-retail into the mobile platform, according to the ForeSee Mobile Satisfaction Index: Holiday Retail Edition, released today by customer experience analytics firm ForeSee. In a survey of more than 6,200 consumers collected during the peak holiday shopping season between Thanksgiving and Christmas, the retail juggernaut scored highest among 25 of the top mobile commerce companies. The report shows that consumer satisfaction with the mobile retail experience is improving, as the Index climbs two points since last holiday season to 78 on a 100-point scale.

Hermes Says 2012 Profitability at Record as Sales Up 23%
February 12, 2013

Hermes International SCA said 2012 profitability reached a record level as sales rose 23 percent, driven by demand for its $10,000 Birkin bags in markets across the globe. Revenue climbed to 3.48 billion euros ($4.66 billion), the Paris-based company...

Video: Why Gilt Could Kill Traditional Luxury Retail
February 12, 2013

Alexis Maybank, the co-founder of Gilt Groupe, discusses what it took to launch a luxury brand online when many partners didn't understand the basics of e-commerce, the evolution of retail and the harsh reality of "showrooming."

Top 10 Epic Website Fails During 2012 Holidays
February 12, 2013

Despite planning for a year to capture a piece of the $40 billion e-commerce opportunity during the 2012 holiday season, epic website fails occurred at Victoriaโ€™s Secret, Abercrombie, Sears and other major retail websites.