According to a recent survey by Sailthru, consumers– especially bigger spenders– place a higher value on convenience than they do on trust. The survey, titled “Trust in Technology,” involved over 1,000 adults who make at least one online purchase a year. It found that while just...
The not-with-a-bang-but-a-whimper demise of former flash-sale design site Fab.com represents either the collapse of a billion-dollar startup -- currently for sale for $15 million -- or the successful pivot of that startup from online flash sales to an omnichannel home-decor retailer.
The impulse shopper is every retailer and credit card companies’s best friend. But with eCommerce on the rise, online shopping has created savvier shoppers less likely to veer from the list, the Wall Street Journal reported. The Journal observed habits of shoppers in Milwaukee, Wisconsin...
Rejoice. Gas prices are at the lowest they’ve been in nearly 4 years, topping off at an average of less than $3 a gallon. Still, CFOs aren’t hopeful that extra cash will get into their stores this holiday season, the Wall Street Journal reported. Gas...
The holiday sales season and the online crush that accompanies it might seem a natural field day for cyberthieves hoping to attack retailers — but according to an IBM analysis, they’re not, USA Today reported. IBM’s Managed Security Service analyzed several years’ worth of data-loss...
Luxury shoe retailer Stuart Weitzman will launch an e-commerce site in China next year, along with making its U.S. website more mobile friendly, according to Internet Retailer. The company launched an e-commerce site in Hong Kong this year and is planning to launch in China...
The U.S. Bank Voyager Network is adding 35 new locations in Florida, following Network merchant Monro Muffler Brake’s acquisition of The Tire Choice, the company announced Monday (Nov. 24). The announcement said that car care chain will now accept Voyager-branded cards for payment. “Monro Muffler...
Amazon is running a trial in three cities—New York, Los Angeles and Seattle—to offer installation and other services—including plumbing, electrical work, fitness instructors and even music teachers—along with germane products purchased. Once a shopper chooses one of a handful of Amazon “hand-picked pros” for the...
Is Walmart’s Chief Merchandising Officer leaving because he’s unhappy with a management restructuring? The Wall Street Journal seems to think he might. Walmart Chief Merchandising Officer Duncan Mac Naughton “is expected to announce his departure from the retailer just days before the annual Thanksgiving shopping...
