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News ARCHIVE

PayPal May Re-Open its Passage to India  Jul 24, 2015 8:36 AM By MCM Staff

PayPal, which was split from eBay last week, has struggled in the Indian market in the past, as it faced issues with the Reserve Bank of India. The RBI wanted the company to transfer the money held in its accounts to a bank within a pre-determined period, limiting its traditional functions.

Walmart Takes Full Ownership of Yihaodian in China  Jul 23, 2015 3:02 PM By MCM Staff

Walmart announced it has acquired the remaining shares in Yihaodian, taking full ownership of its ecommerce business in China. See what this will mean for the businesses.

AmazonFresh Expands to the U.K.  Jul 23, 2015 2:21 PM By Daniela Forte

While several U.S. cities have yet to reap the benefits of AmazonFresh, several reports are indicating the grocery delivery service will begin expanding overseas to the U.K. as early as September of this year.

Limited Too Brand Making a Comeback  Jul 22, 2015 2:19 PM By MCM Staff

Bluestar Alliance LLC, a brand management company, announced it has acquired the Limited Too brand trademarks. See what this will mean for the brand.

Jet.com is Ready for Takeoff  Jul 20, 2015 1:27 PM By MCM Staff

Jet.com is set to launch taking on ecommerce giants like Amazon and Walmart. See what the company has planned with its launch this week.

Week in Review: Amazon Had the Best and Worst Week Ever  Jul 19, 2015 1:50 AM By MCM Staff

Amazon had the best week ever… and its worst week ever. Sounds impossible? It does, but here’s a look at why Prime Day was such a polarizing event for the ecommerce marketplace giant.

UPS Capital Acquisition Enhances Luxury Goods Logistics Offering  Jul 17, 2015 3:48 PM By Mike O'Brien

UPS Capital has acquired the Insured Parcel Services (IPS) of G4S International Logistics, pushing further into the luxury goods market.

Newgistics Hires Former Staples, Walmart Exec as CIO  Jul 17, 2015 9:37 AM By MCM Staff

Newgistics hired Gene Wojciechowski as chief information officer. He was formerly CIO of Walmart.com and also worked in IT management at Staples and UPS.

Prime Day Causes 14,000% Spike in Roomba Sales  Jul 16, 2015 2:25 PM By Tim Parry

Prime Day was a success for Amazon, says Amazon. 14,000 iRobot Roomba 595 Pet Vacuum Cleaning Robots were sold on Amazon on Prime Day, compared to 1 the previous Wednesday. That’s an increase of 14,000%. Time to break out the confetti cannons.

Forrester Research, Gilt, and Alibaba are Headlining Growing Global 2015  Jul 16, 2015 12:59 PM By Tim Parry

Forrester Research’s Zia Daniell Wigder, Gilt’s Oksana Voronenko, and Alibaba’s Jim Tobyne will keynote Multichannel Merchant’s Growing Global conference July 21-22 at the Loews Hollywood Hotel in Hollywood, CA.






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