Michael Kors 553,161 956,368 73% CVS 7,273,276 10,877,674 50% American Apparel 380,814 534,573
Petsmart
In the largest showrooming study to date, Placed identified Best Buy and Target as high-risk retailers for Amazon.com customers to view offline and buy online. Surprisingly, Best Buy and Target weren't the most at risk for showroomers taking over their aisles. The results from the Placed: Aisle to Amazon Study found that consumers who showroom and then purchase on Amazon are 20 percent more likely to visit Best Buy and 15 percent more likely to visit Target than average, but Bed Bath & Beyond, PetSmart and Toys"R"Us all face greater risk.
ShopRunner, a company that offers two-day shipping across a network of retailers, is debuting a new service, PickupPoints, which allows consumers to receive packages from purchases made online at local stores in their area. The company's service offers an Amazon Prime-like unlimited, free two-day shipping service from a number of online retailers with no minimum order size. The company's network includes Lord & Taylor, Toys"R"Us, Sports Authority, GNC, drugstore.com, Borders, PetSmart and Newegg.com.
Despite rumblings that social media is losing its value and cache as a marketing tool (or commerce or customer service tool) for retailers โ let the debate rage on โ there are plenty of brands that are investing their time and money in the channel. The common refrain that you hear from all of them is that they seek better engagement with their customers and prospects, and social media can play a significant role in helping them accomplish that. In that vein, Retail Online Integration has compiled its second annual ranking of the top 50 fastest-growing Facebook retailers โ with a twist this year.
The Monthly Social Index Spotlight is a new ROI Report column that features a monthly update from Media Logicโs Retail Social Juice Index, a daily ranking of social engagement scores for hundreds of national retailers. Media Logic distills data from Facebook and Twitter daily and turns it into a score which represents the effectiveness of a brandโs interactions with its fans and followers. This monthly column will highlight specific Retail Social Juice index scores for a given month, along with commentary about the findings.
After receiving such great feedback on our inaugural list last year, we here at Retail Online Integration decided to make this an annual feature to highlight the leading female executives in cross-channel retail. The women on this yearโs list, as were those on last yearโs, are the best and brightest in the cross-channel retail industry.โฆ
Phoenix -- PetSmart Inc. reported Thursday that net income for the quarter ended Oct. 30 rose 22% to $56.2 million, from $45.6 million a year earlier. Revenue rose nearly 8% to $1.5 billion from $1.4 billion, just beating Wall Streetโs expected $1.49 billion in revenue. Same-store sales increased 6.1%.
Beachwood, Ohio -- DDR Corp. announced Friday plans to redevelop four shopping centers by adding two new Walmart stores in Florida and expanding two existing stores in Ohio and Puerto Rico. "These projects will deliver desired growth opportunities to the world's most successful retailer and further strengthen DDR's relationship with its largest tenant," said Paul Freddo, senior executive VP leasing & development for DDR. At DDR's The Shops at Midtown Miami, a 645,000-sq.-ft. mixed-use center in Miami, Walmart plans to build a 160,000-sq.-ft. store on a currently undeveloped five-acre parcel adjacent to the existing center which currently features Target,
PetSmart reported that net income for its second quarter rose 26 percent to $61.2 million, up from $48.4 million in the year-ago period. Revenue increased 7 percent to $1.49 billion, matching Wall Street expectations. Same-store sales grew 5 percent.
Phoenix -- PetSmart reported Wednesday that net income for its second quarter rose 26% to $61.2 million, up from $48.4 million in the year-ago period. Revenue increased 7% to $1.49 billion, matching Wall Street expectations. Same-store sales grew 5%.