February 14, 2019
Ant Buys WorldFirst In $700M Deal
Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company. According to a report in Bloomberg, this marks the biggest overseas...
February 14, 2019
Captain Blankenship And Stepping Out Of The Wholesale Shadows
When it first launched in 2009, clean beauty brand Captain Blankenship’s offering was still a very niche product. While “all-natural,” “organic” and “paraben-free” had begun making the rounds in the...
February 14, 2019
Wayfair Debuts An Outlet Store
After testing out pop-up shops last year, digital furniture retailer Wayfair plans to open the doors to an outlet store in Kentucky. The brick-and-mortar location will be in the building of...
February 14, 2019
Retail Sales Fell 1.2 Pct In December To $505.8B
As consumers contained their spending at the end of 2018, a consumer spending indicator posted its biggest decline in a decade. Retail sales fell by 1.2 percent in December on...
February 13, 2019
Western Union Expands Amazon Payments To 10 Countries
Western Union has rolled out a new payment option that will let international Amazon.com customers pay in their respective country’s currency, the company announced in a press release. The service...
February 13, 2019
How Tech Innovators Are Enabling Contextual Commerce Experiences
In the highly connected digital age, consumers are interacting with a multitude of social media sites as well as apps and connected devices. During this time, retailers and tech companies...
February 13, 2019
Ikea Dubbed The Amazon Of Furniture
Ikea, the furniture retailer, is reportedly looking at launching an online site that sells its own products as well as furniture from competitors. According to a report in The Financial...
February 13, 2019
Amazon, GM Mull Stake In Electric Truck Co Rivian
Amazon and General Motors are reportedly in talks about making an investment in Michigan-based startup Rivian Automotive. Sources told Reuters that the deal would value Rivian at between $1 billion...
February 12, 2019
Amazon Lockers, Same-Day Delivery Coming To Coachella
Amazon has provided a solution for those Coachella festival-goers who may have forgotten essentials like sunscreen, hats or sunglasses, according to the retail giant. For the first time ever, Amazon...
