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PR Newswire ARCHIVE

Christmas Day Online Sales Up 8.3%  Dec 26, 2014 11:32 AM By Tim Parry

Christmas Day online sales were up 8.3% over the same period on Christmas Day 2013, according to trends reported by the IBM Digital Analytics Benchmark. And, as was the case throughout the holiday season, mobile commerce had a big impact.

Amazon Signed Up More than 10 Million New Prime Members  Dec 26, 2014 11:11 AM By Tim Parry

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.

Paula Schneider In, Dov Charney Out, at American Apparel  Dec 23, 2014 8:22 AM By Tim Parry

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.

Staples is the Latest Merchant With a Data Security Breach  Dec 22, 2014 9:43 AM By MCM Staff

Staples says malware was deployed to some point-of-sale systems at 115 of its more than 1,400 U.S. retail stores in September. Here’s what transaction data was accessed at affected stores.

Holiday Return Fraud Will Cost Retailers $3.8 Billion  Dec 19, 2014 1:43 PM By MCM Staff

More than three-quarters of those polled by the National Retail Federation cite organized retail crime as impacting return fraud rates.

CommerceHub to Acquire Mercent  Dec 18, 2014 4:04 PM By MCM Staff

CommerceHub and Mercent unite to enable an end-to-end offering from demand to doorstep. The deal is expected to be finalized in January.

Mobile Commerce is Booming in China  Dec 18, 2014 9:55 AM By Tim Parry

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.

FedEx Acquires Bongo International  Dec 16, 2014 6:24 PM By MCM Staff

Bongo International will operate as a subsidiary of FedEx Trade Networks, and its capabilities complement and expand the FedEx portfolio of offerings important to the rapidly growing global ecommerce marketplace.

Private Equity Firm Acquires PetSmart  Dec 16, 2014 9:49 AM By Tim Parry

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

Study Shows Significant Cross-border Opportunities  Dec 11, 2014 7:05 AM By Tim Parry

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.






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