| MCM THURSDAY
News and Intelligence for the Multichannel Merchant December 11 , 2013 |
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| Sears Announces Its Separation from Lands’ End
By Daniela Forte Sears Holdings Corp. announced its separation from its Lands’ End clothing business, according to a press release. Lands’ End Inc., filed a registration statement with the Securities and Exchange Commission on Dec. 6. |
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| A Big Challenge for Online Businesses: Replatforming
By Daniela Forte A big challenge for online businesses these days is replacing their backend system. According to this infographic by Monetate, for online merchants there are three reasons why they choose to replatform: the need to stay competitive, their existing platform falls short of promised capabilities and customer driven pressures. |
| Lululemon Founder Resigns as Board Chairman
By Daniela Forte Lululemon Athletica Inc., a yoga-inspired athletic apparel merchant, announced that founder Chip Wilson is resigning from his position as chairman of the Board of Directors, according to a press release. He plans to step down prior to the company’s annual meeting in June 2014. |
| Ecommerce & Marketing Trends: What Retailers Need to Know Now for 2014
By Ed Braswell As we wrap up another year, merchants are now looking into what they can expect for 2014 in the ecommerce world. This article will look back at what was hot in 2013, and what will merchants should focus on moving into 2014, including creating targeted, personalized and seamless shopping experience for consumers. |
| Cheesewright Named CEO of Walmart International
By MCM Staff Walmart announced today that David Cheesewright will become the president and CEO of Walmart International. At his previous post with the retailer, Cheesewright was the president and CEO of Walmart’s Europe, Middle East, Africa and Canada. Cheesewright will assume his new role on Feb. 1, 2014. |
| There’s Nothing Friendly About Chargeback Fraud
By Monica Eaton-Cardone Fraud is one of the most common reasons cardholders file a chargeback. But within the category of fraud is a concept quite troubling – friendly fraud. Referred to as chargeback fraud or cyber shoplifting, this type of chargeback is difficult to detect and prevent. |
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