Windsor to update e-commerce site Aug. 29
Los Angeles – Specialty apparel Windsor will present a new look for the Windsor website on Aug. 29. The redesign is intended to make the site’s look and feel more customer-friendly.
New shopper features include easier navigation, larger and more vibrant images, social media component, creating a wishlist, find product in store, filter tool by size and color, customer reviews, easy and fast shopping cart procedure and total customer engagement.
Lane Bryant is ready for some football
Leading women’s specialty apparel retailer Lane Bryant is kicking off football season with an exclusive NFL Capsule Collection.
The brand’s NFL Capsule Collection will feature several styles, including tank tops, scoop and V-neck tee shirts, and the teams include the Chicago Bears, Denver Broncos, Green Bay Packers, New England Patriots, New Orleans Saints, Philadelphia Eagles, Pittsburgh Steelers and San Francisco 49ers.
Team tee shirts are already available on the Lane Bryant website and will be available at select Lane Bryant retailers by mid-August. In addition to the collection, a tee shirt featuring the classic NFL shield will be available at all Lane Bryant locations and online.
“Lane Bryant is thrilled to partner with the NFL,” said Linda Heasley, president and CEO of Lane Bryant. “The exclusive NFL Capsule Collection will allow our customers who are football fans to purchase stylish team apparel fit for the sidelines and beyond.”
Lane Bryant operates 775 stores, and is a wholly owned subsidiary of Ascena Retail Group.
Whole Foods keeps growing, just not as fast
Same-store sales continue to decelerate at Whole Foods as the nation’s leading natural and organic grocer continues to face traffic and ticket pressures caused by upstart rivals and established competitors.
Whole Foods sales in the second quarter ended July 6 increased 10% to nearly $3.4 billion from $3 billion the prior year while same store sales increased 3.9%, including a 60 basis positive impact related to the timing of Easter. Profits during the quarter increased 6.3% to $151 million, 41 cents a share, compared to prior year profits of $142 million, or 38 cents a share.
"Our business model is producing industry-leading sales per gross square foot, healthy returns on invested capital and strong operating cash flow," said Walter Robb, co-CEO of Whole Foods Market. "We are seeing signs of stability in our sales trends and believe our strategic initiatives will help generate further momentum and produce increasing returns on invested capital over the long term."
The company noted its store generate average weekly sales of more than $736,000, or more than $1,000 per sq. ft. Despite the high level of productivity, increased competition and reduced pricing at Whole Foods has put pressure on the company’s margins and top line growth.
Both factors were evident earlier this year when the company reported second quarter results on May 6 and lowered its full year expectations for sales and profit growth. The diminished view caused shares, which had been trading above $50 for most of the year at that time, to decline sharply. The release of third quarter results and affirmation of the company’s previously lowered outlook only served to send shares lower when the company reported results after the market closed on Wednesday.