E-commerce now accounts for 8% of sales.
Mark Brohan , Research Director
Web sales increased nearly 40% for specialty apparel retailer Express Inc. in its fiscal first quarter.
For the first quarter ended April 30, Express, No. 124 in the Internet Retailer Top 500 Guide, reported:
Internet Retailer calculates the web accounted for 8.0% of total sales compared with 6.4% in the first quarter of 2010.
“We had a strong start to the year, reporting better-than-expected comparable sales and earnings, continuing our positive momentum from 2010,” says CEO Michael Weiss.