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Amazon's Q2 Sales Stable, Showing Growth in May but Decline in June
July 30, 2012

eDataSource, a provider of competitive intelligence for e-commerce, email marketing and social media, today released the first in a series of monthly reports on the performance of major e-commerce players. This report provides data on Amazon.com's U.S. retail site during the second quarter of 2012 and is derived from eDataSource's e-commerce intelligence service which analyzes online purchase confirmations.

London retailers marketing around Olympics
July 30, 2012

British retailers are taking advantage of the world's focus on London during this Olympic season. Department stores, including Selfridges, Harrods, Harvey Nichols and Liberty of London, have created a variety of enticements for locals and foreign shoppers, according to Forbes. For example, anticipating a high demand for Gucci products, Harrods set up a "shopping line" on the pavement complete with a velvet rope. Home retailer OKA has illustrated pictures of corgi dogs (the Queen's dogs) on its windows. Other stores have timed their openings with the Games — Victoria's Secret on New Bond Street recently opened its doors. Also,

Books-A-Million names corporate development analyst
July 30, 2012

Birmingham, Ala. -- Books-A-Million has named Michael Rediker as corporate development analyst. Rediker will be responsible for identifying, analyzing and implementing strategic corporate initiatives within the organization, including new business growth opportunities. Rediker was most recently with the investment banking firm Paces Battle Group Inc. where he also provided a broad array of transactional and other corporate finance services to bank and thrift clients.

Banks and stores spar on debit-fee caps
July 29, 2012

ATLANTA -- Tim OConnells debit card, as well as yours, is ground zero in a battle between banks and stores. A new law that went into effect in October changed what retailers pay the biggest banks those with more than $10 billion in assets for processing debit-card purchases. It used to be that stores paid 1.5 percent of a sales total, or an average of 44 cents per sale. Now its a flat rate, capped at 21 cents. Store owners who pushed for the new law said at the time the limit would save shoppers money. And

Sycamore extends Talbots tender offer deadline for second time
July 27, 2012

Sycamore Partners extended the deadline of its tender offer to buy women's apparel retailer Talbots Inc -- the second time it has done so -- to August 2. The private equity firm said in May that it would buy Talbots for $193.3 million, or $2.75 per share -- a price that was lower than its previous offers. The tender offer was previously scheduled to expire at 1700 ET on Friday, July 27. Sycamore said 52.7 million Talbots shares had been tendered in. Together with the 7 million shares already owned by Sycamore Partners, this represents about 85 percent

Amazon: Friend or Foe?
July 27, 2012

As Amazon.com has grown aggressively in recent years, expanded into diverse businesses and achieved profitability, its impact on the e-business and retail sectors is greater now than ever before. For many businesses, Amazon is simultaneously a sales channel, potential service provider and competitive threat. To explore this complex relationship and to understand Amazon both today and where it's going next, my colleague Sucharita Mulpuru and I conducted many interviews with retail industry leaders, former Amazon leadership and industry thought leaders, culminating in our latest report.

Showrooming Challenges Brick-and-Mortar Retailers
July 27, 2012

Last December, at the height of the Christmas shopping season, Amazon.com aggressively promoted its price-checking mobile phone application by giving shoppers 5 percent off items on Amazon that they scanned while in brick-and-mortar stores. The application, which compares store prices with Amazon's, brought the practice of showrooming — already very familiar to retail store clerks — out of store aisles and into public prominence.

Quiksilver Rolls Out E-Commerce Sites in 10 Countries
July 27, 2012

Quiksilver recently launched e-commerce sites in 10 countries over just a few months’ time. The outdoor sports lifestyle retailer's use of the Demandware cloud-based e-commerce platform made possible rapid rollouts of sites in Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Spain and the United Kingdom. "Quiksilver had a very aggressive market expansion strategy and we needed a platform that would allow us to roll out multiple sites across geographies in a fast, efficient way," said Quiksilver's Senior Vice President of Digital Nicolas Foulet in a statement. 

EMU Australia Appoints CEO for Americas
July 27, 2012

E-Mail This Story Printer-Friendly Format SportsOneSource Media Posted: 7/27/2012 EMU Australia appointed Scott Sible as CEO of North America. Sible joins the company with an experience of 25 years in the footwear and apparel business. Before joining EMU, Sible retired from Wolverine World Wide as president of Merrell in 2010. Prior to that, he had also held positions with Genesco and Warnaco. E-Mail This Story Printer-Friendly Format

London Games Set Retail Records
July 27, 2012

The 2012 London Olympics will set records in more than just athletics. As the Games kicked off Friday, retailers went into overdrive, offering more than 10,000 official Olympics productsmore than any other Olympic event in the past. And as if one record werent enough, on July 13, the London Olympics organizing committee (Locog) opened Londons biggest ever pop-up shop outside of Hyde Park. Organizers of the London games have openly stated that they hope to sell more than 1 billion (about $1.55 billion) in official merchandise, and theres no denying the U.K. could use the money. The first U.K.