| MCM THURSDAY
News and Intelligence for the Multichannel Merchant October 23 , 2013 |
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| Saks Launches Off 5th Ecommerce Site
By Daniela Forte Saks Fifth Avenue launched an ecommerce site for its off-price franchise, Saks Fifth Avenue Off 5th, which went live in September. Here is what the company has planned for their ecommerce site. |
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| Amazon Raises Free Shipping Minimum to $35
By Tim Parry Amazon spokesman Erik Fairleigh said in an email that the company had not changed the minimum order amount for free shipping in more than a decade. That amount was previously $25. |
| Deloitte: Consumers Will Increase Spending This Holiday Season
By Tim Parry Shoppers surveyed plan to shell out an average of $421 on holiday gifts this year, up from $386 last year, according to Deloitte's 28th annual survey of holiday spending intentions and trends. |
| Getting a Handle on Shopping Cart Abandonment
By Tim Parry Shopping cart abandonment remains a major challenge for merchants, with the average online shopping cart abandonment rate at 75%. But that doesn't mean you can't win a cart abandoner back and convert him into a buyer. |
| eBay Acquires Shutl to Beef Up Same-day Delivery
By Tim Parry eBay has acquired U.K.-based same-day delivery courier service Shutl, and will use the acquisition to boost its eBay Now to 25 markets by the end of 2014. Financial terms of the Oct. 22 deal have not been disclosed. |
| Under Armour Adds 2 Presidents
By Tim Parry Kip Fulks has added President of Product to his current responsibilities as Under Armour's Chief Operating Officer, while Henry Stafford is now serving as President of North America. |
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