The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
Mason Companies, a retailer of footwear, apparel and general merchandise, has purchased new CVP-500 automated packing solution from ProShip. The firm will install the CVP-500 to optimize all steps of package fulfillment while facilitating ...
India's e-commerce sector would grow at a rate of 10-15 per cent annually, higher than the GDP growth rate, in coming years, minister of state for finance Jayant Sinha said in New Delhi, the media has reported. The minister also said that ...
Tags: E-Commerce
Global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 shows that C. China's GDP growth of 7.4 per cent in 2014 was its lowest in a quarter century. Yet, relative to other developing markets, its ...
Tags: Retail, China Retail, Economy, Service
Amira Nature Foods, a global provider of packaged Indian specialty rice, has entered into a strategic partnership with Snapdeal.com, India’s largest online marketplace. With the agreement with Snapdeal, Amira becomes the first rice ...
Tags: Amira Nature Foods, specialty rice
The business-to-customer (B2C) e-commerce sales in Russia are expected to reach €30 billion by 2018, according to a report by Hamburg-based business intelligence organization yStats.com. In comparison to other nations, Russia is ...
Tags: e-commerce, Apparel
Spreadshirt, Europe's leading print-on-demand platform, has accelerated its international expansion this week with the acquisition of Brazilian e-commerce company Vitrinepix, which will now operate as a Spreadshirt subsidiary. ...
The rate of China’s e-commerce growth continues to take many by surprise. China’s large and growing middle-class are making frequent purchases online. More importantly, they are “developing brand awareness, an ...
Emerging markets growth is imminent. "Global trade management will mature as a critical capability in managing growth in emerging markets," according to research and recently released Predictions for 2014 by IDC Manufacturing Insight. ...
Tags: Electrical, Electronics
The Wet Seal, Inc., a leading specialty retailer to young women, reported net sales of $127.7 million and a comparable store sales increase of 0.8% for the 13-week period ended November 2, 2013. "We were able to deliver positive comp ...
Tags: E-commerce, Apparel
Kohl’s Corporation. Kohl’s Corporation reported results for the quarter and year-to-date period ended August 3, 2013 Kevin Mansell, Kohl's chairman, president and chief executive officer, said, “We are pleased with our ...
Tags: Kohl's Corporation, Apparel
New legislation in the U.S. Senate that would allow Internet users to tell companies to stop tracking them is unnecessary and could slow e-commerce growth, some tech groups said. Sens. John "Jay" Rockefeller, a West Virginia Democrat, and ...
Retailers have had another rocky year with more high street closures piling up, while online spend continued to enjoy double digit growth. As consumer spending remained stagnant, companies looked to their digital channels to bolster sales. ...
Fashion retail chain O’Neill Europe has undergone a major IT consolidation to cut costs and use information more efficiently in a difficult trading market. The company works with 34 distributors in Europe, each previously with its ...
Tags: O'Neill Europe, IT consolidation, profits