Articles By Anna Rose Welch

  1. Publix Faces Increasing Sales, Expansions North 11/5/2013

    Company opening new stores in North Carolina, increasing presence in supermarket industry.

  2. Bloomingdale's CEO Announces Retirement, Appoints New CEO 11/5/2013

    Bloomingdale’s CEO, Michael Gould, has announced his intentions to step down from the post, passing the position to the current Bloomingdale’s president, Tony Spring. Gould, who has been CEO of Bloomingdale’s for 22 years, served one of the longest terms as CEO in retail history.

  3. Barnes & Noble Releases New Nook e-Reader For Holiday Season 11/1/2013

    Barnes and Noble is releasing a new Nook GlowLight e-book reader for the holiday season, while considering the company’s future in the tablet business. Research firm IDC recently said that the electronic-book readers market has become less popular because of the rise of tablets offering video, email, Facebook, and games, in addition to electronic reader capabilities. However, regardless of this news, the company has announced it will be focusing on a new e-reader this year. Jonathan Shar, general manager for emerging digital content at Barnes & Noble says that e-readers are still popular for long-form reading, regardless of the rising demand for tablets.

  4. Coach Continues Brand Transformation To Remain Competitive 11/1/2013

    Coach, the luxury accessories company, released its first quarter earnings report last week, outlining the company’s future initiatives to improve sales and enhance the Coach brand as a “head-to-toe lifestyle” brand. Sales and revenue were tepid for Coach coming out of its first quarter, with sales totaling $1.5 billion — a slight sales gain in constant currency— and net income totaling $218 million.

  5. Target Expands Fulfillment, Social Media Efforts For Holiday Shoppers 10/28/2013

    In part of an overall effort to ease customers’ holiday shopping experiences, Target announced it will be expanding its in-store pick up program for products ordered online to all of its U.S. stores beginning November 1st. The store currently offers this program in half of its locations. This move will make Target a stronger competitor against other large retailers including Wal-Mart, Best Buy, and Sears, all of which have been offering similar services for the past several years.

  6. Amazon Third Quarter Revenue Increases, Strong Holiday Season Predicted 10/28/2013

    Amazon, the world’s largest online retailer, announced it would be increasing spending on warehouses and Web-based services to a record level in order to boost product sales this holiday season. This announcement comes shortly after the company’s third quarter financial report revealed company revenue grew 24 percent to $17.1 billion — an increase from the $16.8 billion analysts were predicting. With this growth in revenue, net losses were reduced to $41 million, a sharp decrease from the $274 million recorded a year earlier. This positive third quarter has led to optimism for the fourth quarter, with the company predicting revenue will reach anywhere from $23.5 billion to $26.5 billion. Analysts project revenue to reach $25.9 billion.

  7. O'Reilly Automotive Reports Record Earnings And Expansion 10/25/2013

    Strong fiscal year-to-date results keep company on track with expansion goals. O’Reilly Automotive has announced record revenues for its third quarter ending September 30th.  The company saw an 8 percent ($126 million) increase in sales to $1.73 billion. This is up from Q3’12, when company sales amounted to $1.6 billion. Net income increased $27 million, or 17 percent, to $186 million.

  8. eBay Announces Aggressive Expansion Of Same-Day Delivery 10/25/2013

    On Tuesday, eBay announced it will be expanding its same-day delivery service, eBay Now, to 25 more cities in the next year, as well as launching several new features that will help personalize customer browsing. The company began its expansion on Tuesday, with eBay Now going live in Chicago. In the next few weeks, Dallas will also receive the service. These cities will join the ranks of New York and San Francisco, which have been offering the same-day delivery service for about a year.

  9. Staples Enhances Presence As Omni-Channel Retailer 10/25/2013

    Staples announced that it has improved its online storefronts, Staples.com and Staples.ca, in order to give customers a more seamless omni-channel experience. The company says the new online storefront will provide customers with more products, deals, and ways to shop, along with easier navigation and a faster check-out process. The online storefronts will soon be integrated with new versions of Staple’s mobile website and mobile app, both of which the company plans to launch in the near future, ensuring customers will have various methods to browse and purchase items.

  10. Peet's Coffee Planning Massive Expansion 10/25/2013

    Peet’s Coffee & Tea announced plans to open four new stores in Western PA, three of which will be located in Pittsburgh. The fourth will be located in Brentwood. This move is the second phase of the company’s largest ever expansion project since it opened 47 years ago.