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ShoeBuy.com Acquires Minority Stake in Boston Boot Company

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Boston— ShoeBuy, an online retailer of shoes and apparel, today announced it has acquired a minority stake in Boston Boot Company. Financial details of the deal were not disclosed. The acquisition marks ShoeBuy’s expansion into the footwear manufacturing business, and provides an opportunity for the company to directly deliver products to …

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NPD’s Cohen: “Holiday 2014 Better than Reported”

In Industry Experts, What's New by Marshal CohenLeave a Comment

Industry Experts

Port Washington, NY—Holiday 2014 was better than reported. Black Friday and holiday sales are not the same as we remember from past years, so traditional measures and apples-to-apples comparisons will not accurately report true holiday sales performance anymore. The 2014 holiday season did just fine–it just looked a lot different. …

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Macy’s Inc. Merging Store and Online Buying, Closing 14 Stores

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

New York–Macy’s and Bloomingdale’s are restructuring their merchandising and marketing teams to combine online and in-store functions. In a wide-ranging announcement released Thursday by Macy’s Inc. detailed adjustments included in-store staffing, several new stores openings and 14 existing stores closing. “Going forward, one unified merchandising and marketing organization – a …

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Loehmann’s, Reborn as Off-Price E-Commerce, Names Advisors

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New York–Off-price retailer Loehmann’s, which was recently resurrected as an online retailer after a hedge fund acquired its intellectual property out of bankruptcy, has named Tony D’Annibale to its advisory board. D’Annibale, who was EVP of merchandising at the retailer’s previous incarnation before leaving for e-commerce retailer Rue La La, …

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Black Friday Sales Drop as Shopping Trend Shift: NRF

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Washington—Early holiday promotions even before Thanksgiving, the continued growth of online shopping, and an improving economy changed the way millions of people approached the biggest shopping weekend of the year. According to NRF’s Thanksgiving Weekend Spending Survey conducted by Prosper Insights & Analytics, 55.1% of holiday shoppers were or will …

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Top Digital, Social Media Trends Driving Holiday Sales for Online Retailers

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Seattle–Global analytics and insights firm Blueocean Market Intelligence released its predictions today for the top digital and social media trends that online retailers will utilize to drive sales this holiday shopping season. Last year, retailers largely surpassed sales goals despite a relatively short shopping season, poor weather conditions and weak …

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Neiman Marcus Goes International with Luxury Website Purchase

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Dallas—Neiman Marcus Group hasn’t had an international presence until today. The luxury retailer revealed it is purchasing a global luxury online retailer and taking over a flagship luxury store in Munich, Germany. Neiman signed an agreement to acquire mytheresa.com from Christoph and Susanne Botschen and Action Capital Partners. It will …

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Macy’s Inc. Outlines Omnichannel Strategies, Including Apple Pay

In Industry News, Marketing, What's New by Accessories StaffLeave a Comment

Cincinnati—Macy’s, Inc. today outlined its latest advancements in omnichannel strategy and technology as the company continues to add new dimensions for attracting shoppers and serving the needs of individual customers. “Macy’s and Bloomingdale’s remain committed to operating at the forefront of innovation, as well as fostering a locally relevant shopping …

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10 Minutes With…BaubleBar

In Profiles, What's New by Lauren ParkerLeave a Comment

A new $10 million investment is set to make BaubleBar’s already-hot fashion jewelry site even hotter. Founded in 2011 by two friends from Harvard Business School, New York-based jewelry e-tailer BaubleBar has since been setting the fashion jewelry world on fire because it understands what women want: trend-driven fashion jewelry …