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Etsy Optimistic as it Opens Real-Life Holiday Shop
November 19, 2012

Etsy is launching its first-ever Etsy Holiday Shop in New York City to raise awareness of the online marketplace in the offline retail environment. The shop is designed to introduce holiday shoppers to hundreds of Etsy sellers, showcase gift selections from well-known curators and raise awareness of the one-of-a-kind treasures to be found on Etsy. The Etsy Holiday Shop will be located in SoHo — "next door to Dior, down the street from the Apple Store, with furniture boutiques and coffee shops nearby" — and will be open from Nov. 29 through Dec. 8.

Office Depot Introduces New Store Concept
November 19, 2012

Delray Beach, Fla.-based Office Depot is debuting a new store concept with four new stores in Denver. The new concept is designed to encourage customers to interact more with products, as well as store associates and other customers. The storefront...

Report: Best Buy open to considering lower bid
November 19, 2012

New York -- Best Buy is open to considering a lowered bid from founder Richard Schulze, according to the New York Post. The report, citing sources close to the company, suggested the chain is now open to a bid of around $20 per share.

Wal-Mart Starts Corruption Probes in Brazil, China, India
November 17, 2012

Wal-Mart Stores Inc. (WMT) started inquiries into potential violations of the Foreign Corrupt Practices Act at operations in Brazil, India and China, adding to its probe of bribery allegations in Mexico. The board’s audit committee and the company...

Foot Locker Q3 profit surges 61% on strong sales
November 16, 2012

New York -- Foot Locker Inc. reported Friday that net income for the quarter ended Oct. 27 surged 61% to $106 million, compared with $66 million in the year-ago period. The recent quarter's results, which surpassed Wall Street expectations, included a $9...

Cyber Monday: Is E-Commerce's Big Holiday Sales Day Obsolete?
November 16, 2012

In 2005, someone at Shop.org, the e-commerce wing of the National Retail Federation, had an idea: Why not give online retail its own version of Black Friday? Online shopping was getting more popular every year, so it made sense to promote it with a holiday season day of its own. E-commerce sales were already showing a spike on the Monday following Black Friday, so Cyber Monday was born.

Seasonal Shopping Goes Digital: Tips and Stats for Online Retailers
November 16, 2012

The economic slump transforms into a shopping hustle-and-bustle during the holiday season, and this year is projected to be no different. That holds especially true for online retailers, who are seeing more mobile customers than ever before. Check out the stats on how holidays affect online retail, and learn what online customers are looking for this holiday season.

Only 7% of Top 100 U.S. Retailers Have Tablet-Optimized Website, Report Finds
November 16, 2012

Skava, a provider of multitouchpoint retail technology, announced the results of its Impact of Tablet for Retailers 2012 report, which confirms that only 7 percent of the top 100 U.S. retailers have optimized their websites for tablet devices. This comes ahead of the busiest week of the year for the retail sector, yet online retailers aren't catering to the unique requirements of tablet shoppers, who are more lucrative online shoppers than their smartphone counterparts.

Brands Join Facebook Gifting Service
November 16, 2012

Facebook has expanded the roster of retailers in its Facebook Gift program, which lets users buy and send items to their friends via the social networking platform, according to Bloomberg. Brookstone, Dean & Deluca and Fab.com are the newest companies to...