Banking data-security regulations would be a “poor fit” for retailers and other businesses that accept payment cards, the National Retail Federation said in a letter to a group of U.S. senators, according to The Hill. The letter comes as lawmakers are looking for ways to...
Sporting goods chain Dick’s has discovered that its brick-and-mortar stores aren’t competing with its eCommerce effort — they’re boosting it. ECommerce grew to almost 15 percent of the 640-store chain’s total sales in Q4 2014 after a new in-store mobile-device push, according to Mobile Commerce...
Mobile devices have finally dethroned PCs as consumers’ preferred way to search for information on local products and services, a new study by the Local Search Association (LSA) has found. The survey of 2,147 U.S. adults found that 60 percent now choose smartphones or tablets...
Purse, a specialized bitcoin platform that lets customers buy products on Amazon at a discount, has partnered with Coinbase to simplify the process, the company announced on Monday (March 16). Under the new agreement, Coinbase customers will be able to transfer bitcoin from their Coinbase...
“Maybe it’s time to start thinking about omnichannel a little differently.” That statement from MPD CEO Karen Webster comes from last week’s Omnichannel Tracker, which explores how the concept of omnichannel makes up just one part of retail’s future. There are thousands of other concepts, of course, that...
Facebook is continuing to expand and improve its efforts in the personalized shopping business. The social network said on Friday (March 13) that it has acquired TheFind.com, a shopping search engine that uses personalization, recommendations and ad search. Facebook launched its own personalized-ad business in...
Try as they might, it seems the makers of tablets cannot get their consumers to think of their tablets as devices that need to be replaced as often as smartphones. According to figures released yesterday (March 12), IDC has slashed its forecast for tablet growth...
Outgoing eBay CEO John Donahoe won’t be running the company after it splits off PayPal later this year, but that change is characteristic of what he sees coming for both e-commerce and payments: They’re blurring and splitting apart, Donahoe said in an interview for PwC’s...
Retail sales in the U.S. fell by 0.6 percent in February, weighed down by bad weather and continued consumer caution about the economy, the Associated Press reported. The slight decline was the third monthly drop in a row, and followed a 0.8 percent drop in...
