News ARCHIVE

Best Buy Sees Online Spike in Second Quarter  Aug 27, 2014 12:06 PM By Daniela Forte

While Best Buy saw its domestic revenue decline by 2.4%, its online revenue increased by 22% or $581 million in the second quarter, the company said in a press release.

Amazon Plans New Online Advertising Program  Aug 25, 2014 3:53 PM By Daniela Forte

Amazon plans to develop its own software that will enable companies to place targeted online ads that tap the power of Amazon’s vast store of buyer data, according to the Wall Street Journal.

Staples Plans to Close 140 Stores to Focus on Ecommerce  Aug 20, 2014 4:47 PM By Daniela Forte

Staples announced it would close approximately 140 of its North American stores in 2014, according to its Q2 earnings call.

UPS and FedEx Allowed to Expand Delivery in China  Aug 19, 2014 5:30 PM By Mike O'Brien

After five years of waiting, UPS and FedEx have been granted licenses by the Chinese government to expand their local parcel services to consumers.

Rue La La Seeking Buyer as Flash Sales Market Tightens  Aug 15, 2014 4:03 PM By Mike O'Brien

Rue La La has hired JP Morgan Chase to seek strategic alternatives, including finding a buyer, and Gilt Groupe is seen as the leading contender.

BlueSnap Partners With iGlobal Stores  Aug 14, 2014 11:18 AM By MCM Staff

With a simple integrated checkout page, merchants will be able to automate international tax and shipping calculations, reduce logistics costs and meet legal obligations while providing a localized checkout experience in more than 180 countries.

Holster Brands Announces Elevar Global as Global Master Distributor  Aug 14, 2014 11:03 AM By MCM Staff

Elevar Global will serve as the trusted resource with international turnkey distribution solutions for Holster Brands.

GoECart Announces Cross-border Ecommerce Partnership With GlobalShopex  Aug 14, 2014 10:50 AM By MCM Staff

GoECart, a leading provider of fully integrated multichannel commerce solutions, today announced its partnership with GlobalShopex, a leader in International Shipping and Checkout solutions for Ecommerce retailers, enabling hundreds of US-based retailers to now effortlessly expand their business internationally. GlobalShopex allows merchants on the GoECart platform to add an ‘international checkout’ option to their shopping […]

Amazon Payments Unveils a Mobile POS Solution  Aug 13, 2014 7:18 AM By Tim Parry

Amazon Local Register will offer brick-and-mortar world a lower swipe fee than banks. And it will also give Amazon a glimpse at how omnichannel consumers shop.

Despite Revenue Gains, USPS’s 3Q Net Loss Hit $2 Billion  Aug 11, 2014 11:38 AM By Tim Parry

First, the good news: USPS’s shipping and package revenue was up 6.6%and standard mail revenue grew 5.1%. Here’s how operating expenses dragged the USPS down.






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