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Etsy Sales Up 65 Percent in June over Last Year
July 23, 2012

Etsy sellers increased sales 65% in June 2012 to $61.9 million, up from approximately $37.5 million in June of last year. They sold almost 3 million items (up 54% year-over-year), In June, 689,614 new members joined Etsy, up 77% from the number of new members who joined in June 2011. Members listed almost 2.2 million new items, and last month's traffic was up 24% to 1.23 billion page views. Etsy June 2012 Sales June 2011 June 2012 Percent Change Dollar Sales $37.49 million* $61.9 million 65% Unit Sales 1,913,151 2,951,224 54% New items listed 1,791,604 2,184,850 22% New members

Wet Seal fires CEO; revises same-store sales outlook
July 23, 2012

Women's apparel retailer Wet Seal Inc fired CEO Susan McGalla and said same-store sales for the second-quarter are expected to be at the lower end of its earlier guidance. The company said the termination ...

Wal-Mart Pushes Web Sales Tax as Washington Clout Grows
July 23, 2012

In its struggle against surging online retailers such as Amazon.com, Wal-Mart has unleashed a weapon long shunned by Sam Walton: lobbying. On July 24, the U.S. House of Representatives Judiciary Committee will hold a hearing on a bill to let states collect sales tax from out-of-state merchants that sell to their residents. If passed, online retailers, which now mostly don't collect sales tax, will lose a price advantage that's helped them take business from brick-and-mortar stores.

One Stop Green Works with Amazon to Bring Green Technology to Homes and Businesses
July 23, 2012

One Stop Green is working with sales and shipping giant Amazon, the world's largest online retailer, to help bring eco-friendly and energy efficient products to homes and businesses all over the world. Many popular retail products listed on the One Stop Green website are now available for purchase directly on Amazon. One Stop Green took advantage of Amazon's outstanding seller interface and immense product catalog, which already included many of the retail products stocked on One Stop Green's e-commerce website. This allowed One Stop Green to easily integrate its retail sales catalog into Amazon's business interface and offer their

Best Buy Canada fights showrooming with revised price match policy
July 23, 2012

BURNABY, B.C. โ€” Best Buy Canada and its subsidiary Future Shop are taking the issue of online competition head on with revised price match and return policies in response to the changing nature of retail in Canada and commitment to customer service. The companies have launched Price Beat Promise, a guarantee to customers that Best Buy Canada and Future Shop are the destinations with the lowest prices across the country. If a competitor online or in-store has an item selling for less, the companies will beat it by 10% of the difference, for up to 30 days. "We're going

Retired Williams-Sonoma COO/CFO Sharon McCollam Joins Art.com Board of Directors
July 23, 2012

/PRNewswire/ -- Art.com Inc., the world's easiest place to discover, experience and buy art, has named Sharon McCollam to its Board of Directors where she will serve as Chairperson of the Audit Committee.(Logo: photos.prnewswire.com/prnh/20091208/ART-COMLOGO) Sponsored by: "Sharon is a highly respected retail and direct marketing executive with an impressive track record at Williams-Sonoma, Inc., one of the nation's largest online retailers," said Geoffroy Martin, CEO of Art.com Inc. "We are extremely fortunate to add someone of Sharon's caliber as an independent board member. In addition to her expertise in financial matters, we will benefit from her strategic insight and

Target remodeling 30 stores to expand fresh-food items
July 23, 2012

Minneapolis -- Target Corp. said Monday it has begun remodeling 30 stores to expand their fresh-food offerings; construction on all 30 stores is slated for an October 2012 completion. The current remodels are part of the last of three cycles of remodels this year and span markets from Cincinnati, to Jacksonville, Fla., and Nashville, Tenn. Nearly 1,100 Target stores currently offer an expanded food layout. At these Target stores, approximately 10,000 sq. ft. is dedicated to a vast array of fresh food choices. Most of Targetโ€™s new and remodeled general merchandise stores also feature updates in other areas, including

Warrior Of Radness Brand Sells To American Apparel
July 23, 2012

Southern Cali-based brand Warrior of Radness, founded by Freshjive creator Rick Flotz, has sold the company to domestic clothing maker American Apparel. WOR reps made the annoucement over the weekend, via an email entitled "We've Sold Out! The Battle is over but the WOR has just begun". "That's right. We've sold our souls to the largest manufacturer of garments in the USA: My old friend Dov Charney and his American Apparel Company have adopted the the unruly West Coast bastard stepchild of California Style: Warriors of Radness," the statement reads. "We now have the muscle of an almost $600 million

Free People Opens Doors in Canada
July 23, 2012

Free People builds presence in Canada with two retail locations and an optimized online shopping experience Free People Specialty womenโ€™s clothing brand, Free People, will be expanding into Canada next month with the arrival of their first free-standing boutique on August 3rd, 2012. The tri-level, 1500 sq. foot store will be located in the heart of Toronto, ON in the bustling shopping district on Yorkville Avenue. Currently, with 72 stores in the United States, the store opening not only marks the companyโ€™s first boutique in Canada, but also the first in an international market for the Philadelphia based

74% of Consumers Cite Free Shipping as Top Incentive for Back-to-School Purchases
July 23, 2012

PriceGrabber just released additional results from its Back-to-School Shopping Forecast, revealing that while consumers are planning to spend more money on back-to-school items this year, they continue to look for ways to stretch their dollar and take advantage of retailer incentives to save. According to the survey, 74 percent of consumers chose free shipping as the top retailer tactic that would entice them to make a back-to-school purchase this year. Conducted from May 22 to June 5, 2012, the survey includes responses from 4,450 U.S. online consumers, with 1,509 of the respondents planning to shop this back-to-school season.