Direct retail sales at Wayfair gained 39% in the first quarter year over year, but losses increased as well, with the deficit growing from $200.4 million, or $2.20 per diluted share, from $107.8 million, or $1.22 per diluted share in the previous first quarter.
Market research firm Forrester has released its report, “The State Of Retailing Online 2019: Omnichannel, Marketing, And Personalization,” a look at how retailers and digital business professionals are thinking about and investing in stores and online, which indicated that 54% of retailers plan to open new stores in 2019.
Williams Sonoma’s retail brands outpaced expectations and powered through a strong fourth quarter and fiscal year.
As part of an initiative to build new ways to serve customers, Kroger and its United Kingdom-based e-commerce partner Ocado have selected Groveland, FL, as their second customer fulfillment center location they are developing.
A new Amazon-commissioned report by the U.S. Chamber of Commerce indicated that unlocking the digital potential of rural businesses across the U.S. could add over $140 billion to the domestic economy over the next three years.
Lamps Plus is offering a text link for consumers who want to send questions to their local Lamps Plus store, where employees will reply.
As retailers continue to mesh together their brick-and-mortar and digital operations, a growing number of consumers are utilizing click-and-collect programs (buy online-pickup in-store) now offered by many leading chains, according to a survey from the International Council of Shopping Centers (ICSC).
Amazon.com is tapping the brakes on a decision to drop thousands of vendors from its Vendor Central program, and it is now encouraging suppliers to enroll in its Brand Registry platform, according to a report Tuesday, March 12, by Digiday.
Euromonitor International will host a keynote session at the 2019 International Home + Housewares Show in Chicago to explore the effects of digital communication and shopping on the marketplace.