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Office Depot
Office Depot to Shutter 112 Stores
Office Depot, after reporting a $7 million net loss on declining sales in the third quarter, said it would close 112 underperforming stores in the next three months and cut planned openings, writes the Wall Street Journal.
The closings will occur throughout North America: 45 locations in the Central US, 40 in the Northeast and Canada, 19 in the West, and 8 in the South—leaving the total store...
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Scholastic, QVC Fastest on the Wild, Wild Web
Response time for Scholastic.com in October averaged 1.09 seconds, bumping it up from its No. 2 position in September to lead the 50 largest e-retailers, according to website performance data from Gomez (via Internet Retailer).
QVC.com followed closely with a response time of 1.13 seconds. Avon.com averaged 1.19 seconds, and Dell came in fourth at 1.27 seconds.
ColdwaterCreek.com,...
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Retailers Rank Low in Natural Search
Retail websites are not showing up near the top of natural search results even though they often bid heavily on the same terms in paid search, according to a study by Conductor Inc.
The study, carried out in conjunction with online ad research firm SpyFu, determined 10 keywords that each company in the Fortune 500 bid on frequently for paid search placement, then examined where the company...
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‘EBay’ and ‘Webkinz’ Top Most-Searched Lists
Nearly 17 million searches were conducted for the term “ebay” in August, according to data from 58 representative search engines tracked by Nielsen Online, writes Internet Retailer.
Discount retailers “walmart” and “target” trailed, with about 4.5 million and 2.9 million searches, respectively.
Top 10 Retailer Searches
1. ebay, 16,917,000
2. walmart, 4,487,000
3. target, 2,855,000
4. home...
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Dell.com: the Fastest on the ‘Net
Dell.com was the fastest measured site on the internet in July, taking just 2.84 seconds to respond, reported Gomez Inc. (via InternetRetailer).
On dialup connections, too, Dell triumphed over other online retail sites, with a 28.64-second response time.
Other fast sites in July were QVC.com (3.08 seconds), Scholastic.com (3.97 seconds), OfficeDepot.com (4.04 seconds), and Zappos.com (4.13...
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Office Depot Posts Net Loss, on Weak North American Demand
Office Depot’s Q2 sales slipped 1 percent to $3.6 billion. It posted a net loss of $2 million, compared with a profit of $106 million in the same quarter last year, due to lower-than-expected retail sales in its North American stores, MediaBuyerPlanner reports.
Slow sales growth from national account customers was offset by a 10 percent decrease from small and midsize customers, writes BtoB....
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