Retail

True Fit Crosses 5M Customer Line, Gets $15M
January 14, 2015

True Fit, a startup that guides online apparel shoppers by finding out what’s already in their closets, has passed 5 million users and raised $15 million, according to TechCrunch. The Massachusetts-based startup uses an apparel database sourced from 1,500 brands and retailers to calculate fit,...

News
First Data Plugs Into UL Tools For EMV Migration
January 14, 2015

With the clock ticking down toward the October 2015 deadline for retailers to accept EMV chip payment cards, First Data said it will offer its customers EMV testing tools that have been certified by Visa and MasterCard. The payments processing giant has struck a deal...

International
Shanghai Opens Up To Foreign E-Commerce Players
January 14, 2015

China continues to send mixed signals to foreign-owned companies who want to do business in the world’s largest consumer market. On Tuesday (Jan. 13) China’s Ministry of Industry and Information Technology announced that it will now allow wholly-foreign-owned companies to operate in the Shanghai Free Trade...

The Future Of Retail Is Now
January 13, 2015

There’s no doubt that the face of retail is changing. And this week in New York, retailers and the marketers and technologists that work with them are together trying to figure out how to get ahead of that change and turn it into an advantage....

Well-Heeled Millennials’ Impact On Retail
January 13, 2015

In 2014, the standard understanding of a luxury shopper is out the window thanks to the growing number of wealthy millennials. Once defined as the “man or woman who owned a lavish penthouse condo” with a healthy investment portfolio, The Washington Post took a look...

International
In Japan, An HR Conglomerate Uses Payments To Get A Foot In The Door
January 13, 2015

Small-business point-of-sale products can come from unexpected places — but from a Human Resources conglomerate based in Japan? That’s the improbably source for a rapidly growing POS product, according to Tech in Asia. The $2 billion conglomerate is Recruit, a privately held Tokyo-based company whose...

Loyalty & Rewards
Apple Watch Is Coming (And The Ad World Prepares)
January 13, 2015

Apple’s much-anticipated wearable may have plenty of health-monitoring features, but mobile marketers know what the Apple Watch is really good at: putting digital ads on potential customers’ wrists, according to The Wall Street Journal. Mobile ad network TapSense has already announced its own ad platform...

Are Catalogs Still Relevant In a Digital Age?
January 12, 2015

This is every retailer’s dream. Cozied up by the fireplace with a cup of coffee, Sarah reaches across the table — over the iPad, past the smartphone and far away from her computer — and grabs for something heavier, more colorful and something that takes...

The Consumer Discretionary Spending Stall
January 12, 2015

Uh oh. And just when we thought we were going to get such good news about retail spending, the data has to come out to rain on our parade. Yes, thanks to the holiday season and consumers feeling a little more bullish about the economy...