Internet Retailer : Loehmann’s Targets 55% Growth In Online Sales

When apparel retail chain Loehmann’s Inc. emerged from bankruptcy in 2011, one of its first actions was to launch its first e-commerce site. It was a good move. Sales for the site’s first fiscal year hit $11 million. They are on course to reach $17 million in the current fiscal year, which runs through January 2014, chief operating officer Bill Thayer says.

The retailer of apparel and accessories launched its e-commerce site on an Internet-hosted, software-as-a-service, or SaaS, technology platform from ShopVisible. SaaS technology enables the retailer to access ShopVisible’s technology over the web, without having to deploy its own e-commerce data center.

Read more on Internet Retailer.

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s