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October 8, 2015 at 3:08 pm
Amazon.com stepped into the handcrafted-goods ring on Thursday, opening an arts-and-crafts bazaar online that squarely takes aim at a niche but growing market dominated by the Brooklyn-based Etsy. The new marketplace, called Handmade at Amazon, went live at 3 a.m. Eastern time on Thursday with a lineup of over 80,000 items from about 5,000 sellers in…
October 8, 2015 at 10:30 am
Jet.com launched three months ago as an Amazon.com rival promising rock-bottom prices for members willing to part with $50 for its annual membership. But just as the e-commerce site's free trial is set to end, company officials have decided to ditch the fee model that was to be its prime revenue generator. Instead, it will rely…
October 8, 2015 at 10:26 am
ModCloth is taking a major step to be more inclusive by removing the word "Plus" from its website. The fashion brand has already removed the "Plus" section from the homepage of its website and is currently in beginning stages of removing the word from the site altogether.
October 8, 2015 at 10:07 am
The National Retail Federation (NRF) announced today it expects sales in November and December (excluding autos, gas and restaurant sales) to increase a solid 3.7 percent to $630.5 billion, significantly higher than the 10-year average of 2.5 percent. Holiday sales in 2015 are expected to represent approximately 19 percent of the retail industry’s annual sales…
October 8, 2015 at 9:24 am
Ascena Retail Group, Inc. today announced that Kay Krill is transitioning from president and CEO of ANN INC. and has been appointed to Ascena’s board of directors. Gary Muto, who currently serves as president of ANN brands, will succeed Ms. Krill as president and CEO of ANN INC., a subsidiary of Ascena. Ms. Krill will…
October 8, 2015 at 9:18 am
The reign of one of the most successful chief executives in retailing will come to an end early next year when TJX Cos.’ Carol Meyrowitz plans to step down. In her nine years as CEO of the discount fashion and home goods retailer, sales soared 67 percent to $29.1 billion and income nearly tripled to $2.2…
October 7, 2015 at 11:09 am
Whole Foods will stop selling products made using a prison labor program after a protest at one of its stores in Texas. The company said the products should be out of its stores by April 2016, if not sooner. Whole Foods said it has sold tilapia, trout and goat cheese produced through a Colorado inmate program…
October 7, 2015 at 11:03 am
Imagine a trip to Kroger where your grocery list tells you where the nearest item is — and sends you an alert if you accidentally pass it by on the shelf. Next, you need a small item like a spice, and just as you approach the crowded rack the shelf lights up right under the whole…
October 7, 2015 at 10:54 am
Wal-Mart on Tuesday announced a series of initiatives to beef up its health and wellness offerings, at a time when low-price competitor Target also has the segment in its crosshairs. On Saturday, the world's largest retailer will host what it's dubbed "America's Biggest Health Fair," at which it will provide free glucose, blood pressure and vision…
October 7, 2015 at 10:47 am
eBay is giving most of its sellers a boost in the number of listings they can post with no up-front fees as well as the ability to list more items by increasing listing limits on their accounts. The moves are clearly designed to boost the number of listings available to holiday shoppers, with changes going…
