Content about Electronic commerce

December 16, 2014

Brown Shoe Co. has sold its Shoes.com online division to a Seattle company looking to compete in a market dominated by Amazon.com and Foot Locker.

Brown Shoe Co. has sold its Shoes.com online division to a Seattle company looking to compete in a market dominated by Amazon.com and Foot Locker.

SHOEme, parent of OnlineShoes.com and Shoeme.ca, is purchasing Shoes.com for an undisclosed price, the companies said.

December 16, 2014

Buying and selling on Etsy.com is going to get a lot more social thanks to a new partnership between the Internet retailer and a social commerce platform called Shoppost.

Buying and selling on Etsy.com is going to get a lot more social thanks to a new partnership between the Internet retailer and a social commerce platform called Shoppost.

Shoppost, owned by Zantler, is now officially available to Etsy users and gives sellers the ability to sell their products in-stream on such top social networks as Facebook, Twitter, Pinterest and Tumblr.

December 16, 2014

Fast-growing payments startup Adyen has secured $250 million from investors who have valued the Amsterdam-based startup at $1.5 billion. 

Fast-growing payments startup Adyen has secured $250 million from investors who have valued the Amsterdam-based startup at $1.5 billion.

Adyen serves as a middleman for Facebook, Spotify, Airbnb and other merchants, enabling them to accept Visa, MasterCard and soon bitcoin in nearly 200 currencies worldwide.

The eight-year-old company allows merchants to accept payments on the Web, mobile and more recently at individual points of sale.

December 16, 2014

Target Corp. is targeting last-minute holiday shoppers by offering promotions to customers in need of pickup or delivery, and to users of the retailer's Cartwheel app. 

Target Corp. is targeting last-minute holiday shoppers by offering promotions to customers in need of pickup or delivery, and to users of the retailer's Cartwheel app.

Cartwheel users will get 50% off a different toy every day until Dec. 24. Also, from now until Christmas, Cartwheel will feature more than 150 offers at 25% off or more.

Orders placed at Target.com through Dec. 20 can still be delivered by Christmas. After Saturday, Customers can use Target’s Store Pickup option.

December 16, 2014

VeriFone and First Data are teaming up to help U.S. merchants reduce their exposure to data breaches and expedite merchant acceptance of EMV-enabled credit and debit cards.

VeriFone and First Data are teaming up to help U.S. merchants reduce their exposure to data breaches and expedite merchant acceptance of EMV-enabled credit and debit cards.

Large-scale theft of consumer payment data from merchants’ integrated point-of-sale (POS) systems is among the biggest challenges facing the payments industry.

December 15, 2014

E-commerce has changed the way consumers purchase products, but until very recently, the basic structure of the transaction and sale itself hadn’t evolved much.

E-commerce has changed the way consumers purchase products, but until very recently, the basic structure of the transaction and sale itself hadn’t evolved much: People browse for products they want, compare prices across sites, maybe submit a code for a discount coupon if they have one and make a purchase. But a recent development points to a big change on the horizon for ecommerce, and the symptom is the massive sales growth achieved by major retailers who have embraced the new model.

December 15, 2014

Online sales at third party marketplaces grew faster than the overall industry, according to cloud-based e-commerce solutions provider ChannelAdvisor. 

Online sales at third party marketplaces grew faster than the overall industry, according to cloud-based e-commerce solutions provider ChannelAdvisor.

The digital measurement firm reports that November was a mixed month for e-commerce channels. But Amazon, Google Shopping and Other 3PMs (third party marketplaces) grew materially faster than the 16% e-commerce baseline growth rate comScore had predicted.

Specifically, ChannelAdvisor reports:

December 9, 2014

Amazon.com is rolling out a new haggling feature on its website as the company looks to further cement its low-price reputation among consumers. 

Amazon.com is rolling out a new haggling feature on its website as the company looks to further cement its low-price reputation among consumers.

The new “Make an Offer” feature allows sellers to accept or reject bids on more than 150,000 items across the categories of Sports and Entertainment Collectibles, Collectible Coins and Fine Art.

December 8, 2014

In-store mobility is transforming the way retailers engage customers. Customers will seek out stores that easily enable them to use their mobile devices to research products and check prices. Thus, retailers will want to beef up their network capacity, security, and Wifi capabilities. 

In-store mobility is transforming the way retailers engage customers. These new customer engagement programs are resulting in dramatic changes to the store network to ensure successful rollouts. Customers will seek out stores that easily enable them to use their mobile devices to research products, read reviews, and check prices to gain the confidence required to make the right purchase.

December 8, 2014

A new report looking at consumer shopping habits on mobile phones shows that Sunday is the best day of the week when it comes to sales from mobile shoppers. 

A new report looking at consumer shopping habits on mobile phones shows that Sunday is the best day of the week when it comes to sales from mobile shoppers.

"Online shopping has become a major force in global markets. And, with the holiday shopping season upon us in the United States, we see mobile's share of that market accelerating," said Larry Moores, vice president for consumer mobile reporting and analytics at Opera Software, a leading mobile internet and advertising company.

December 7, 2014

Easy access to an expanded offering of online inventory is the premise behind Staples Exchange, a marketplace-like concept that allows suppliers to leverage Staples’ online presence.

Easy access to an expanded offering of online inventory is the premise behind Staples Exchange, a marketplace-like concept that allows suppliers to leverage Staples’ online presence.

Staples doesn’t call its new Staples Exchange a marketplace – the term used by Amazon to describe the massive aggregation of third party sellers on its site – but rather and a world-class platform that makes it easy for suppliers to offer products to Staples customers.

December 7, 2014

As holiday shoppers hunted for online deals Thanksgiving weekend the Overstock.com Web site provided fertile hunting grounds.

As holiday shoppers hunted for online deals Thanksgiving weekend the Overstock.com Web site provided fertile hunting grounds.

The retailer said its sales between Thanksgiving and Cyber Monday increased 23 percent compared to the same period the prior year. In addition to new customers, the increase was driven by an 8 percent increase in average individual order size. Cyber Monday sales increased 24 percent while Thanksgiving day saw the largest gain, up 38 percent off of a smaller initial base than Cyber Monday.

December 4, 2014

Amazon is introducing a line of “ethically sourced” products for Amazon Prime members.

Amazon has introduced a line of “ethically sourced” products for Amazon Prime members.

Amazon Elements will consist of premium products with “transparent origins,” the company said. Amazon Elements will offer Prime members an upgraded level of information about products: when and where items were made, why each ingredient was included, where the ingredients were sourced and more.

December 3, 2014

The dynamics of Thanksgiving weekend retail activity continue to evolve, but Cyber Monday still rules with sales that topped $2 billion for the first time ever this year.

The dynamics of Thanksgiving weekend retail activity continue to evolve, but Cyber Monday still rules with sales that topped $2 billion for the first time ever this year.

December 3, 2014

A federal judge says several banks suing Target Corp. over its 2013 data breach have a plausible case for negligence and can proceed with the lawsuit.

A federal judge says several banks suing Target Corp. over its 2013 data breach have a plausible case for negligence and can proceed with the lawsuit.

December 2, 2014

Healthy e-commerce growth offset a sales slowdown at Ascena Retail Group’s physical stores and enabled the company to achieve its first quarter financial expectations.

Healthy e-commerce growth offset a sales slowdown at Ascena Retail Group’s physical stores and enabled the company to achieve its first quarter financial expectations.

Ascena, operator of stores under the Lane Bryant, Cacique, Maurices, Dressbarn, Catherines, Justice and Brothers brands, said same store sales declined 2% during its first quarter ended Oct. 25 as a 16% comp increase online wasn’t enough to offset a 4% decline at physical stores.

December 2, 2014

In a move to showcase its advanced shipping capabilities to holiday shoppers Amazon.com is touting the finer points of its eighth generation fulfillment centers.

In a move to showcase its advanced shipping capabilities to holiday shoppers Amazon.com is touting the finer points of its eighth generation fulfillment centers.

The online giant said its eighth generation fulfillment centers embody two decades worth of software and mechanical innovations including extensive robotics technology from Kiva Systems, a company Amazon acquired several years ago.

December 2, 2014

Despite increasing competition from Amazon Local and Google Shopping, Groupon announced Tuesday that its holiday weekend sales set a new record. 

Despite increasing competition from Amazon Local and Google Shopping, Groupon announced Tuesday that its holiday weekend sales set a new record.

For the full Black Friday through Cyber Monday weekend, the e-commerce site’s North American sales climbed over 25 percent from last year, the company reported. This year's Black Friday and Cyber Monday were the two biggest days in Groupon's North American history, the firm said.

December 2, 2014

In an effort to bolster its online presence, Loehmann’s has appointed a digital retail expert to join its advisory board. 

In an effort to bolster its online presence, Loehmann’s has appointed a digital retail expert to join its advisory board. Tony D'Annibale, president of Jessica's Brands, will work with the board and the management team during the Loehmann’s re-launch as an online retailer.

December 1, 2014

Online sales are expected to reach $300 billion in 2014, $335 billion in 2015 and $512 billion by 2020. 

Online sales are expected to reach $300 billion in 2014, $335 billion in 2015 and $512 billion by 2020.

According to business forecasting experts at FTI Consulting Inc., online sales will continue to grow at a double-digit rate for the next several years.

December 1, 2014

Buying tech products was No. 1 on consumers’ shopping lists this past holiday weekend, according to a new survey from the Consumer Electronics Association (CEA). 

Buying tech products was the No. 1 priority on consumers’ shopping lists this past holiday weekend, according to a new survey from the Consumer Electronics Association (CEA).

November 26, 2014

Meijer is taking a different approach to Cyber Monday this year. 

Meijer is taking a different approach to Cyber Monday this year.

Instead of online sales, the retailer says it will focus on offering discounts through its digital couponing site: mPerks. For Cyber Monday, the retailer is offering a coupon for 20% off a single item through mPerks on in-store purchases today only.

November 26, 2014

Nordstrom was the most engaged retail brand on Pinterest, followed by Amazon, according to Curalate, which collected more than 180,000 Pins and analyzed nearly five million interactions associated with the Top 100 brands from November 1st to November 21. 

Nordstrom was the most engaged retail brand on Pinterest, followed by Amazon, according to Curalate, which collected more than 180,000 Pins and analyzed nearly five million interactions associated with the Top 100 brands from Nov. 1 to Nov. 21.

Rounding out the top five: Urban Outfitters, American Eagle Outfitters and Zulily. The most popular product on Pinterest is the J Crew Women’s camp sock followed by American Eagle Outfitters’ Sequin Sleeve Sweater and JC Penny’s military jacket and striped top.

November 24, 2014

In an effort to generate traffic and increase sales at its physical stores, Barnes & Noble has announced a secret weapon against Amazon.com this Black Friday. 

In an effort to generate traffic and increase sales at its physical stores, Barnes & Noble has announced a secret weapon against Amazon.com this Black Friday.

Barnes & Noble recruited 100 prominent authors — including Donna Tartt, David Mitchell, Dan Brown, E. L. James, Jeff Kinney, George W. Bush and Hillary Clinton — to each sign roughly 5,000 copies of their latest books. The company will distribute and sell the 500,000 signed books among its retail stores only. The signed books will not be available on the company’s website.

November 24, 2014

Black Friday is known for great deals, but a new study shows that consumers may want to add one more item to their holiday shopping carts.  

Black Friday is known for great deals, but a new study shows that consumers may want to add one more item to their holiday shopping carts.  

Product protection plan leader Asurion recently surveyed consumers and nearly one-third of the items they purchased last Black Friday broke in less than a year. In addition, almost half (45%) of those surveyed plan to replace at least one damaged, lost or stolen item this Black Friday.