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Amazon’s 20th holiday season brought record growth to the company’s fast, free shipping program Amazon Prime – more than 10 million new members worldwide tried Prime for the first time.
Retailers know omnichannel is essential to their success during the holidays, but do they really understand consumer shopping behavior in real-time?
Dov Charney has been terminated as President and Chief Executive Officer of American Apparel, the company he founded in 1989. Paula Schneider will become Chief Executive Officer, effective Jan. 5.
The idea of Free Shipping Day used to be a bigger deal. Now it’s more the exception than special. Amazon has trained people that they’re going to get not just free shipping, but fast free shipping, all the time. And that’s why Free Shipping Day has become a thing of the past.
With ongoing advances in mobile Internet technology, ecommerce in China continues to shift from desktop computers to smartphones and other mobile devices. For the country as a whole, the percentage of mobile transactions to total transactions was 54% this year, up from 22% last year.
I’m glad this was in my inbox today: FreshAddress made my holiday season a little happier! Did your company do a video Christmas card? Send me a link!
FedEx is doing a little holiday shopping of its own: On Monday, FedEx announced it would acquire GENCO, and on Tuesday, it acquired Bongo International. Here’s a look at the acquisitions.
By now, everyone has probably heard the news: Post by Multichannel Merchant. All I can say is this: Accidents happen. Thankfully, there were no injuries reported. The packages can be replaced, but lives can’t.
PetSmart has entered into a definitive agreement to be acquired by a consortium led by private equity firm BC Partners, Inc. at a price of $83 per share in cash, representing a premium of approximately 39% over PetSmart’s unaffected closing share price on July 2. The transaction would be valued at approximately $8.7 billion
New research from PayPal and Ipsos shows that cross-border trade is a driving force of the global marketplace, with cross-border shoppers, spending approximately twice as much as consumers who only shop domestically. Here’s a look at where customers prefer to buy cross-border, and what motivates them to buy.
by Curt Barry
Posted 19 hours ago
by Jim Barnes
Posted 20 hours ago