The big news in Bed Bath & Beyond’s Q3 report was not the earnings themselves but where they were coming from: online. The home furnishing retailer’s online and mobile sales increased around 40 percent, according to the January 2015 earnings call, compared with almost flat...
Facebook plans to test beacons in New York City as a way of connecting its mobile users to the Facebook pages of nearby shops and landmarks, the New York Times reported on Thursday (Jan. 29). The new service, known as Place Tips, will require installing...
Even though global consumer confidence has been on an upswing since late 2012, Nielsen reported on Jan. 28 that the global consumer index — the indicator that projects consumer spending — dipped slightly to 96 in Q4 of 2014 from the quarter prior, though this...
Different retailers sell different products, but most appear to have one thing in common: the desire to implement a unified commerce platform. A new study conducted by the National Retail Federation shows that 53 percent of U.S., European and Australian retail businesses expect to put...
Colu, a startup that wants to put Bitcoin’s blockchain to work tracking other kinds of transactions, has raised $2.5 million to do just that, TechCrunch reported on Tuesday (Jan. 27). The seed round for the Tel Aviv-based company was led by Israeli venture capital firm...
Congressional lawmakers from both parties said they were optimistic that they can pass federal data-breach notification legislation after a hearing on Tuesday (Jam. 27), The Hill reported. “I do sincerely believe that is an achievable goal,” said Rep. Michael Burgess (R-Texas), who chairs the House...
Google is trying to tackle the mobile-commerce payments problem by getting more merchants to use its two-tap Instant Buy system. The Android maker has picked up 200,000 more online stores to support Google Wallet through a partnership with payment processor WePay and mobile invoicing and...
Apple Pay, which has already hit pro basketball courts and major league baseball stadiums, is now headed for the golf course, according to Cult of Mac. For this week’s Phoenix Open golf tournament, MasterCard has cut a deal with the PGA to wire up some...
For the third year in a row, Nordstrom has been ranked as the top fashion retailer by consumers. According to a study by Market Force Information, the fashion retail mainstay is followed by Kohl’s, T.J. Maxx, Macy’s and Dillard’s in customer satisfaction. The Market Force...
