Surveys are predicting more shoppers in the malls this holiday season and a 4.1 percent rise in holiday spending. That’s the good news. The bad news is that, once again, such surveys don’t predict margin and if those shoppers gravitate only to the lowest margined...
High-end fashion retailer Neiman Marcus is rolling out a new feature in its mobile app that won’t just let customers search for products they like, but lets them buy the products seconds after they see an item on the street, according to Internet Retailer. The...
U.S. e-commerce sales are on track to beat last year’s numbers by $61.4 billion — a figure that eMarketer reported will continually increase as mobile commerce draws in a larger e-commerce audience. E-commerce in 2014 is projected to reach $305.7 billion, a 15.7 percent increase from last...
The U.S. Postal Service is already delivering groceries for Amazon in San Francisco, and has now received an OK to extend the experiment for two years, Internet Retailer reported. According to a USPS proposal, which was approved on Thursday (Oct. 23) by the Postal Regulatory...
After accepting Apple Pay at all of its stores on the Apple Pay launch day on Monday (Oct. 20), the $26 billion 4,600-store Rite Aid pharmacy chain apparently changed its mind and yanked support from those stores Wednesday (Oct. 22), with no official explanation, according...
Talking revenue or net income in the billions isn’t something shocking for Apple, but hitting that billionth mark for sales of its iOS devices is, which apple is expected to do this quarter, according to a Seeking Alpha report released Wednesday (Oct. 22). During Monday’s...
The results of a national survey released Tuesday (Oct. 21) reveal that a majority of Americans are comfortable sharing personal information, particularly when there’s rewards information to gain from sharing. Sixty percent of consumed in the survey revealed that they divulge personal information to their...
Amazon, which at one time had the reputation for undercutting other e-tailers with slightly lower prices, has lost the online pricing edge to both Walmart and Target. “Both big-box retailers generally offered lower prices online than Amazon in the clothing and shoes, electronics, housewares, and...
The Bitcoin payments processor that was created by former Visa and Cybersource people, Bitnet, has pulled in $14.5 million in funding, including from a new player on the digital currency scene: Rakuten. The funding was led by Highland Capital Partners and included Japanese E-commerce behemoth...
