Comark launches e-commerce sites on Demandware platform
Mississauga, Canada – Comark Inc., parent company to three Canadian specialty apparel retailers, recently launched new e-commerce sites – Ricki’s, Bootlegger and Cleo – on the Demandware Commerce platform. The retailer moved from a hosted e-commerce solution to Demandware’s cloud-based platform for a flexible and scalable digital backbone to support its growing, multi-brand, omnichannel retail operations.
With Demandware, Comark is managing its entire brand portfolio from a central platform, leveraging the operational efficiencies of Demandware’s cloud infrastructure, while maintaining the ability to tailor the shopping experience for each brand. Comark operates more than 300 stores in Canada across its three divisions. Limited by its hosted platform, Comark turned to Demandware for improved storefront capabilities and superior site performance.
In addition, new website features on Demandware enabled Comark to begin to integrate the online and offline experience. Comark took its first steps toward omnichannel enablement by including “ship to store” and “find it in store” capabilities on its new sites.
June sales get some help from promotions
Retail sales generally improved in June, helped by good weather and big discounts as retailers look to clear inventory for the back-to-school season.
Costco Wholesale Corp. reported a 6% increase in June same-store sales, helped by higher fuel prices. Its results topped Wall Street estimates.
Excluding the impact of foreign exchange rates and gasoline prices, Costco’s same-store sales increased 6% for the five-week period ended July 6. The metric rose 5% in the United States and 7% overseas.
Net sales rose 10% to $10.89 billion.
While the retailers that still report same-store sales were in line or slightly better than had been expected, there were exceptions. L Brands reported a 2% increase in June same-store sales, below estimates for a 3.1% increase. Growth was led by a 3% increase in sales for the company’s Victoria’s Secret brand
In other June results:
- Zumiez reported a 3.1% rise in same-store sales. Net sales for June rose 11.1% to $65.3 million, from $58.8 million in the year-ago period.
- Stein Mart’s same-store sales increased 2.6%. Total revenue for the five weeks ended July 5 rose 4% to $113.2 million.
- The Buckle posted a 0.7% increase in same-store sales. Net sales for the period increased 2.8% to $84.8 million, from $82.5 million last year.
- Fred’s same-store sales fell 0.6%. Total sales for the month increased 2% to $191.2 million, from $187.3 million last year.
WD-40’s third-quarter sales rise
Though sales were up 3% and income increased 1% for WD-40 Company in the third quarter, shares for the lubricants and cleaner supplier were down more than 6% Thursday morning after management narrowed the full-year guidance.
Net sales for the quarter came in at $95.7 million, up from $93.1 million in the same quarter last year. This was largely carried by sales of multi-purpose maintenance products; sales of homecare and cleaning products decreased 1%.
The company’s bottom line totaled $10.4 million for the third quarter, compared to $10.3 million in earnings in the 2013 quarter.
"We are pleased with the solid progress we have made for the year and remain confident that our strategic initiatives are well positioned to carry us into the future” said Garry Ridge, WD-40 Company’s president and CEO. “While we continue to see fluctuations in certain markets quarter to quarter, our long-term growth plans remain stable and we continue to deliver on our expectations.”
The updated fiscal year guidance points to net sales between $380 and $387 million — a growth rate of 3 to 5% — and net income between $41 and $43 million.