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October 3, 2012
Facebook beats out Pinterest and Twitter for driving the most traffic to retail sites. Facebook makes up for a staggering 86 percent of retail traffic, while Pinterest drives 12 percent and Twitter 3 percent, according to an infographic by e-commerce consultant RichRelevance. To be fair, Facebook has the most users of the three. Still, it's interesting to see Facebook driving so much retail traffic given recent doubts about whether it's useful for retailers.
October 3, 2012
Denver -- Regional chain The Running Specialty Group announced Wednesday it has acquired five Dallas-based Run On! stores, bring the total number of stores to 24. RSG is a joint venture between The Finish Line and private-equity firm Gart Capital...
October 3, 2012
Send the Trend, the e-commerce site acquired by QVC in February, has relaunched to provide a broader range of premier beauty and accessory products. According to a press release, Send the Trend leverages proprietary technology — with unique algorithms — to deliver monthly, personalized shopper recommendations filled from an expanded product assortment, including Send the Trend branded collections and selections from QVC's diverse product portfolio of prestige brands in jewelry, fashion accessories, beauty, hair care and skin care categories.
October 3, 2012
An "exponential" growth in shopping via smartphones and an increasing customer awareness of price promotions are some of the key retail trends identified by separate new reports from eBay and Nielsen. According to the latest eBay Online Business Index, nearly half of Australia's top eBay businesses said they would optimize online content for mobile. Almost a quarter (24 percent) said they would develop a mobile website, while more than 20 percent said they would develop a mobile app. According to eBay Vice President Deborah Sharkey, mobile commerce in Australia is growing at an exponential rate.
October 3, 2012
FOOTHILL RANCH, Calif. — The Wet Seal reported that total sales declined 9.9% to $48.3 million for the month of September. Comparable-store sales fell 12.7% compared with same-store sales that were essentially flat last year. E-commerce sales, which...
October 3, 2012
SAN FRANCISCO, Oct. 3, 2012 /PRNewswire/ -- UNIQLO, the global clothing retailer, will open its new San Francisco store at 111 Powell Street on Friday, October 5th. At 29,000 square feet, the three-story Union Square store will mark UNIQLO's first...
October 3, 2012
Silicon Valley companies paved the way for corporate America to offer non-traditional workplace amenities and now Target has joined their ranks. The retailer this week opened a 20,000-sq.-ft. employee center called Target Plaza Commons as part of its...
October 3, 2012
Brisbane, Calif. -- Fashion retailer Bebe reported Wednesday that total sales for the first quarter fell 9.4% to $105.1 million. Same-store sales dropped 8.7%, missing expectations of a more moderate 6.8% decline. The 250-store chain has officially...
October 3, 2012
Best Buy Co. Inc. (NYSE: BBY) is still a buyout candidate. That is what Reuters has said in a report. Founder Richard Schulze and four named private equity firms have reportedly started the process of examining the books in a due diligence period. There...
October 3, 2012
HOFFMAN ESTATES, Ill. — Sears Holdings is now offering its Kmart and Sears customers the option of ship-to-home delivery for items purchased through online layaway. The new service – also available on store kiosks now enables shoppers to select,...
