Deena M. Amato-McCoy

Articles by author

  • Mar 27 2017
    Adidas Group wants to kick off its expansion in China on the right foot.
     
    The sportswear brand plans to bolster its retail sales network to 12,000 outlets in China by 2020, with much of the growth slated for smaller cities. However, the company also knows that conducting international trade within China can be difficult and complex due to challenges presented by huge import and export volume, and minimal advance notice of regulatory changes.
     
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  • Mar 24 2017
    Amazon’s fifth bookstore is open for business.
     
    The online giant’s newest Amazon Books location, a 6,000-sq.-ft. space, opened its doors in Chicago’s Lakeview neighborhood on Tuesday, March 23 — its first location in the Midwest, according to CBS Chicago
     
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  • Mar 24 2017
    Williams-Sonoma is throwing its hat into the 3D app ring.
     
    Later this month, the chain’s Pottery Barn banner will introduce 3D Room View. The augmented reality mobile app, which is based on Google’s AR technology Tango, enables shoppers using Tango-enabled smartphones to “virtually” place Pottery Barn merchandise in any of their rooms. The goal: to enable shoppers to see how products look and fit with their existing furniture and decor — or in an empty room. 
     
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  • Mar 24 2017
    A combination of sluggish mall traffic, a shaky sporting goods industry, and poorly performing merchandise took a toll on The Finish Line in the fourth quarter and fiscal 2016.
     
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  • Mar 24 2017
    Highly promotional activity and increased multichannel initiatives not only helped Shoe Carnival hit its expectations, but exceed $1 billion in net sales for the year.
     
    For the quarter ended January 28, 2017, the retailer’s net sales were $234.2 million, a 0.2% increase, compared to net sales of $233.7 million for the fourth quarter of fiscal 2015. While it was in line with its goals, this was just shy of Wall Street’s prediction for sales of $235 million.
     
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  • Mar 24 2017
    Online gaming is taking its toll on GameStop in a big way.
     
    The retailer said that its video game category was weak, particularly in the second half of the year. This challenge, combined with shoppers’ attraction to online gaming, contributed to a total global sales decrease of 13.6% to $3.05 billion for the fourth quarter ended January 28, 2017.
     
    The company earned $208.7 million, in the fourth quarter, compared with profits of $247.8 million for the same period a year ago.
     
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  • Mar 24 2017
    The baton has officially been passed at Macy’s.
     
    Jeff Gennette has been named as the department store chain’s new CEO, succeeding Terry Lundgren, who will continue as executive chairman.
     
    Gennette, who has served as Macy’s president since 2014, is Lundgren’s handpicked successor. Prior to becoming president, he was appointed Macy’s chief merchandising officer in 2009.
     
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  • Mar 24 2017
    Jo-Ann Fabric and Craft Stores is getting merchandise into its shoppers’ hands faster.
     
    The arts and crafts retailer is launching buy online, pick-up in-store (BOPIS) — a free service that allows its digital shoppers to pick-up online orders at any of its 862 stores chainwide.
     
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  • Mar 23 2017
    While Starbucks’ is ramping up its commitment to digital initiatives, one of its newest programs gives a new meaning to “ordering on the go.”
     
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  • Mar 23 2017
    Lowe's is making it easier for in-store shoppers to find exactly what they're looking for.
     
    The home improvement giant has introduced  Lowe's Vision: In-Store Navigation app, which taps into the power of augmented reality.  Billed as the first retail application of indoor mapping using augmented reality, the app is designed to simplify the home improvement shopping experience.
     
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