Channel Insights - Newsletter

05/22/2014 - 15:44

Walmart is reportedly planning to substantially expand its e-commerce operation based in Sunnyvale, California. According to the Oakland Tribune, Walmart intends to add hundreds of staffers to its global e-commerce unit there, bringing the total number of e-commerce employees to about 1,000.

05/22/2014 - 15:08

Walmart has enhanced its mobile pharmacy app to help customers make better saving decisions and allow quick access to its list of $4 prescriptions.

05/22/2014 - 14:35

Sears plans to close at least 80 stores this year after widening its loss in the first quarter of fiscal 2014.

05/21/2014 - 18:39

Tiffany chairman and CEO Michael J. Kowalsk said the company enjoyed “an excellent and encouraging start to the year.”

05/21/2014 - 16:55

Following disappointing results during the first quarter of fiscal 2014, which were consistent with the company’s expectations, American Eagle Outfitters has decided to close 150 stores in North America during the next three years, including nearly 100 AE stores.

05/21/2014 - 10:09

Despite the massive data breach that hurt Target’s fourth quarter, people are not staying away from the retailer. According to a Reuters report, the company saw a dramatic improvement in traffic in the first quarter compared to its late fourth-quarter trends.

05/20/2014 - 16:34

Despite seeing increases in net income and sales for the first quarter, TJX — parent company of TJ Maxx and Marshalls — experienced weakness in apparel sales and missed analysts’ expectations.

05/20/2014 - 15:30

Dick’s Sporting Goods reported healthy net income and increased e-commerce penetration in the first quarter despite experiencing significant challenges in the golf and hunting categories.

05/20/2014 - 14:02

Store closures and weak demand for traditional office supplies and computers hurt Staples in the first quarter of fiscal 2014.

05/19/2014 - 17:47

Robert Price, former SVP and CMO for CVS, has been named president of Edible Arrangements International.