Report: E-Commerce Growth Slows
Dallas Shoppers are spending less money online compared to last year, as U.S. retailers have reported smaller Web sales gains, according to the Dallas Business Journal.
The U.S. Census Bureau reported last week that e-commerce sales only increased 9.5% in the second quarter. This marks the first time since the bureau began recording the medium’s growth rates that the quarterly increase didn’t hit double digits. The bureau began recording these growth rates in 1999.
Forrester Research retail analyst Sucharita Mulpuru forecasts a 17% increase for online sales this year, the report said. This is compared to last year’s 21% increase. Overall, Forrester estimates online sales will hit just over $200 billion this year.
Online sales continue to grow at a faster rate than bricks-and-mortar sales, but some retailers’ Internet revenue gains are still decelerating, Mulpuru told the publication.
Ahold unveils new looks for Stop & Shop, Giant-Landover
AMSTERDAM, Netherlands Ahold has a introduced a new store look and logos for its Stop & Shop and Giant-Landover supermarkets. The introduction is part of a series of new initiatives designed to enhance the customer store experience.
In addition to the fresh new look and new logos, the companies are rolling out new prepared foods assortment, an expanded private label offering, updated store signage and decor, new shopping technology and customer websites.
“Today’s announcement is a further step in Ahold’s global strategy to create powerful local consumer brands,” said Ahold ceo John Rishton. “These new initiatives are an important part of the Value Improvement Program underway at Stop & Shop and Giant-Landover.”
Family Dollar names store ops vp
MATTHEWS, N.C. Family Dollar Stores has announced that it has named Lonnie McCaffety to the position of vp of store operations. McCaffety will report to Barry Sullivan, evp of store operations.
Since joining Family Dollar in 1990 as an assistant store manager, McCaffety has held various management positions with the company. In his 18-year career with Family Dollar, McCaffety has assumed roles of increasing responsibility, most recently serving as regional vp for the New Orleans area.