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Staples Sets Sights on Online Growth
December 19, 2012

Staples plans to triple the size of its e-commerce and IT staff by 2014, and has unveiled a new Velocity Lab at Kendall Square in Cambridge, Mass., to kick off its accelerated online growth initiative. The Velocity Lab is part of...

Free WiFi Quietly Becomes Widespread at Retail
December 19, 2012

With little fanfare, Target, J.C. Penney, Kohl's and Saks joined several other chains just before the start of the holiday season in installing free Wi-Fi access across their locations. The introductions follow wireless rollouts at Macy's, Sam's Club...

LuxeYard Drops ‘Flash Sale’ Business Model
December 19, 2012

Online retailer LuxeYard said it's revamped its website and overhauled its business model to eliminate "flash sales" and concentrate on making its products available continuously. The publicly traded company, which included a "going concern" qualification in recent filings with the Securities and Exchange Commission, also said it had taken steps to reduce operating costs by about 70 percent through, among other things, slashing its staff from 60 to 15 and eliminating several unprofitable merchandise categories.

Louis Vuitton CEO resigns over significant health issue
December 19, 2012

New York -- Luxury group LVMH announced Tuesday that Louis Vuitton’s new CEO has resigned suddenly, citing a “significant health issue” as the reason for the departure. Jordi Constans would be replaced by Michael Burke, CEO since February of Bulgari,...

Some Gun Retailers Make Changes After School Shootings
December 19, 2012

Retailers that sell guns are making some changes after the shooting in Newtown, Conn. Dick's Sporting Goods, a chain with more than 500 stores, said in a statement that "during this time of national mourning" it was stopping gun sales, and withdrawing them from display, at its store closest to Newtown. The company said it was also temporarily ceasing sales of modern sporting rifles nationwide. And Walmart.com removed its information page on the Bushmaster .223, a semiautomatic rifle said to be used by the gunman, Adam Lanza, in the Newtown killings.

Gilt Redesigns iPad App Adds Gilt City
December 19, 2012

Gilt, the shopping tool that sells high end items at very discounted prices, has totally redesigned its iPad app. The redesign adds Gilt City to the mix, Gilt?s shopping tool based on � your location.� � Using the app, Gilt members can access local...

Advance Auto Parts Announces Acquisition of BWP Distributors
December 19, 2012

Advance Auto Parts, a retailer of automotive aftermarket parts, accessories, batteries and maintenance items, announced that it's entered into a definitive purchase agreement to acquire B.W.P. Distributors, Inc. in an all-cash transaction. BWP, a privately held company that supplies, markets and distributes automotive aftermarket parts and products principally to commercial customers, was founded in 1962 and is based in Armonk, NY. BWP currently operates or supplies 216 locations in Connecticut, Delaware, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.

Report: Green Week busiest online shopping week of season
December 19, 2012

New York – The Chase Holiday Pulse, released on Wednesday, shows that “Green Week” – from Dec. 10 to Dec. 16 – was the busiest seven-day period of the holiday shopping season in terms of transaction volume this year. Online merchants saw high shopping...