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PR Newswire ARCHIVE

Macy’s Testing Ecommerce in China, Signs Exclusive Deal with Alibaba  Aug 12, 2015 5:54 PM By Tim Parry

Macy’s, Inc. has formed a free-standing joint venture with Hong Kong-based Fung Retailing Limited to explore retailing in China, one of the world’s largest and fastest-growing consumer marketplaces. Under the joint venture, Macy’s plans to begin selling in China in late 2015 through an exclusive ecommerce presence on Alibaba Group’s Tmall Global.

Macy’s 2Q Sales Are Down 2.6%, But Terry Lundgren is Optimistic  Aug 12, 2015 12:15 PM By Tim Parry

Macy’s second quarter sales decreased 2.6%, but chairman and CEO Terry Lundgren was optimistic in a press release the company issued on Wednesday morning, even though he added that sales for the fiscal year will probably be down 1%. Here’s why Lundgren is still smiling despite the negative numbers.

Amazon to Open First Fulfillment Center in Illinois  Aug 11, 2015 3:40 PM By MCM Staff

Amazon has announced plans to open a nearly 500,000-square-foot fulfillment center in Joliet, Ill. The site, which will create 1,000 full-time jobs when it opens, is the company’s first in the state.

IBM Does Complete Redesign of Tractor Supply  Aug 09, 2015 8:12 AM By Tim Parry

At the heart of the solution is a completely redesigned TractorSupply.com, which provides optimal viewing across all devices, easier integration with social media pages, and a simplified check-out process. Behind the scenes, the company migrated the entire platform to a new IBM Cloud for greater overall business performance.

Siteworx Launches Irish Setter Boots Ecommerce Site for Red Wing Shoe Company  Aug 05, 2015 2:19 PM By MCM Staff

Siteworx has launched the Irish Setter Boots ecommerce website for the Red Wing Shoe Company. The new website allows consumers to research, compare and purchase Irish Setter hunting boots through a new digital channel.

Alibaba Group Names Goldman Sachs’ Michael Evans President  Aug 05, 2015 10:59 AM By MCM Staff

Globalization is Alibaba Group’s most important strategy for the coming decades, and its goal is to help 10 million global businesses and serve 2 billion consumers around the world. That’s why Alibaba Group announced the appointment of Michael Evans as President of Alibaba Group on Tuesday.

Macy’s, Bloomingdale’s Roll Out Same-Day Delivery in 9 New Markets  Aug 05, 2015 10:41 AM By MCM Staff

Macy’s is expanding same-day delivery service to nine additional markets, giving them 17 in all, surpassing Amazon which provides the service in 14 markets.

UPS to Acquire Coyote Logistics for $1.8 Billion  Aug 04, 2015 10:43 AM By MCM Staff

UPS will acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company, for $1.8 billion from Warburg Pincus.

Week in Review: eBay Now Same-Day Service Grounded  Jul 31, 2015 12:17 PM By MCM Staff

eBay has pulled the plug on its eBay Now same-day delivery pilot programs, but is still exploring solutions that fit better with its 25 million sellers. Here’s a look at this weeks’ news, commentary and events that shaped the direct-to-customer world… and more.

Visa and Stripe Partner to Expand Ecommerce Globally  Jul 30, 2015 2:33 PM By MCM Staff

Working together, Visa and Stripe, a mobile and online payment provider, will enable a global payments solution for new ecommerce experiences like “buy buttons” and new innovations to come.






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