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Recognizing the growing importance of online marketing during the holidays, more than 20 percent of retailers in the U.S. are set to significantly increase their spending in either mobile, social or email marketing channels this year. In fact, over 20 percent are allocating more than half of this year's holiday marketing budget to one or more of those three channels. These are highlights from 179 respondents to a recent retail survey, the majority of which report annual revenues from $51 million to $999 million, conducted by Retail Systems Research (RSR) late this summer.
BENTONVILLE, Ark., Oct. 26, 2012 /PRNewswire/ -- Walmart announced today the completion of its increased investment in the holding company of Yihaodian, a fast-growing e-commerce business in China, bringing Walmart's total ownership stake to approximately...
MATTHEWS, N.C. — Family Dollar Stores has named Colin McGinnis to the position of SVP store operations support, store development and procurement. McGinnis will report to Barry Sullivan, EVP store operations. "Over the last several years, we have...
High-end department store Barneys is under fire for featuring a waifish Minnie Mouse in its holiday display rather than the beloved voluptuous, polka dot-sporting rodent of Disney lore. Advocates, plus-sized models and industry veterans alike have condemned Barneys' Minnie makeover into a character more reminiscent of Kate Moss than her full-figured, huggable former self for her debut in the store's Madison Avenue window display on Nov. 14. For the campaign, she's a slinky, sexier Minnie with toothpick legs, long eyelashes and shadowy lids who is draped in a too-short Lanvin mini dress and wearing stilettos thicker than her waist.
"We don't recognize our image reflected in these complaints," said Camilla Emilsson Falk, H&M's spokeperson to the Aftonbladet newspaper. "We also want the wages to be raised, and we're working hard to promote wages increasing in several countries, including Cambodia, among others." H&M CEO Karl-Johan Persson also defended the company's practices. "We are working with one of the world's leading experts on salaries in countries like Cambodia. We want the salaries to be raised," he told the Expressen newspaper.
- Third Quarter EPS Increased 28% to $.60 Compared to $0.47 a Year Ago- Third Quarter Comp Store Sales Up 3.9%- Merchandise Gross Margin Up 130 Basis Points to a New Third Quarter Record 37.2%- New Next-Generation Stores Significantly Outperforming Legacy...
How many times have you started searching for a new pair of shoes on your smartphone while waiting in line, continued your research on your laptop when you got home and then searched online to find a local store that has those shoes in stock? Today's consumers no longer see a line between online and offline shopping, and neither do smart retailers. This year, online and offline shopping experiences are more seamless than ever before across pricing, functionality and promotions, making this the first "nonline" holiday season.
St. Louis -- Build-A-Bear Workshop reported a net loss of $4.3 million in its third quarter, compared with net income of $0.9 million a year ago, and said it would close 50 to 60 underperforming locations in the next two years in an effort to improve its...
CHICAGO, Oct. 25, 2012 /PRNewswire/ -- Retailers are stocking their stores with more than just merchandise going into the holiday season - they are also adding more seasonal help, according to a nationwide CareerBuilder survey. Thirty-six percent of...
Major retailers and marketplaces enlist the aid of affiliates to help drive traffic to their product listings, and no time is more important than the holiday shopping season to spur affiliate members to drive traffic to their websites. On Wednesday,...