Retail

How To Drive Impulse Buying On The Web
December 22, 2014

There’s a certain competing psychology behind impulse shopping. Retailers build their storefronts and in-store displays to maximize those opportunities, while consumers are increasingly being reminded how and why to resist the urge to purchase those high-margin items nestled near the checkout lane. Still, retailers tend to have the edge...

Starbucks To Square: No More Mobile Pay For You
December 22, 2014

Starbucks, the coffeehouse giant that payments startup Square hoped would help it break in among big retailers, will no longer be accepting Square’s app for mobile payments, ReadWrite reported. However, Square will continue to be the credit- and debit-card payments processor for Starbucks, whose own...

Apple Pay
Apple Pay Starts Strong, Considering
December 22, 2014

Apple Pay could pose a significant threat to PayPal’s current dominance in digital payments, according to a report by investment company ITG, which says Apple Pay was responsible for 1 percent of digital payment dollars in November — but half of Apple Pay use was...

PayPal: What Are You Wearing?
December 22, 2014

More than two-thirds of Americans wear sweats or pajamas while shopping online or on mobile devices. How do we know this? Because PayPal asked, according to eCommerceBytes. The eBay payments unit commissioned a survey of about 1,018 U.S. adults between Dec. 5-7, 2014, which found...

15 Percent Are Last-Minute Shoppers
December 22, 2014

Almost one in every six holiday shoppers waits until the last minute to do their gift buying, according to a new survey by location-based promotion service Retale. The commissioned survey of more than 1,000 U.S. adults found that 15 percent admitted they fell into the...

Staples Breach Hit 1.16 Million Payment Cards
December 19, 2014

Staples on Friday (Dec. 19) said that it has now confirmed that at least 1.16 million payment cards were impacted in the breach it announced in September. It found malware at 115 of its more than 1,400 stores and is now reporting that “malware may...

Who Made It On The Holiday Retail Good List? (And Who Didn’t)
December 19, 2014

Check it once, check it twice — there’s always companies who could be named either on Santa’s naughty or nice list for delivering on consumer promises that stack up to old Saint Nick’s speed. This year, three companies were named on the Kurt Salmon consulting...

Brick-And-Mortar Stills Own Holiday Shopping
December 19, 2014

Online and mobile shopping are growing, but brick-and-mortar stores are still where the majority of U.S. consumers will buy most holiday gifts this year, Bloomberg News reported on Thursday (Dec. 18). While 93 percent of consumers plan to do some online shopping this holiday season,...

News
Online Sales Up Double Digits
December 19, 2014

Ecommerce spending for 2014’s holiday period in the U.S. is up 15 percent from 2013 so far, with $42.5 billion in spending from desktop computers through Dec. 15, according to comScore. Online sales — that is, not including mobile commerce — have broken the $1...