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Press Releases ARCHIVE

Ebay See’s 13% Boost in Sales, Knocks Down PayPal Spinoff  Jan 23, 2014 2:11 PM By Erin Lynch

The global marketplace eBay has released its fourth quarter results and not only did it report a 13% increase sales, but it also declined a proposal to spin-off its payment program, PayPal.

A Year in the Life at eBay  Jan 23, 2014 11:13 AM By Erin Lynch

With a 13% growth in revenue in the fourth quarter and 13% for the year, 2013 deemed to be pretty successful for eBay. The marketplace currently has 128 million active users and generated nearly $77 billion in gross merchandise volume in 2013 alone. Here is the play-by-play highlights for the year that is eBay.

Amazon to Offer Sunday Delivery in the United Kingdom  Jan 22, 2014 11:36 AM By Erin Lynch

Amazon has announced that it will now offer Sunday deliveries to a number of customers in cities across the United Kingdom, and Amazon Prime members in the UK can now receive their packages on Sundays at no additional charge.

Nordstrom to Open Fulfillment Center in PA  Jan 22, 2014 10:35 AM By Erin Lynch

Nordstrom has announced plans to open its third fulfillment center Elizabethtown, Pa. Construction for the 672,000-square-foot building began on Jan. 20 and is scheduled to open in summer 2015.

Leadspace Update Provides New Predictive Company Targeting  Jan 17, 2014 12:26 PM By Tim Parry

By mining the social web, Leadspace helps B2B marketers and sales teams accurately predict company purchase intent.

Best Buy Blames Price Competitiveness in Holiday Sales Decline  Jan 16, 2014 4:26 PM By Erin Lynch

The competition in price played a major role in the declining 2013 holiday sales results at Best Buy, according to a statement released by the electronics retailer. In the nine week holiday period that ended on Jan. 4, Best Buy reported $11.45 million in revenue, down slightly from the 2012 holiday season of $11.75 million.

J.C. Penney Closing 33 Stores, Laying Off 2,000  Jan 15, 2014 5:17 PM By Erin Lynch

J.C. Penney has announced that it will close 33 under performing stores across the country and laying off 2,000 employees in an effort to save $65 million.

CoreMedia and IBM Partner to Drive Online Retail Revenue  Jan 14, 2014 12:20 PM By MCM Staff

CoreMedia and IBM Partner to Inspire Shoppers and Drive Online Revenue for Retailers (via PR Newswire) CoreMedia LiveContext confirmed as an IBM WebSphere Commerce Validated Technology Partner Solution – helping businesses take control of the customer experience NEW YORK, Jan. 13, 2014 /PRNewswire/ — National Retail Federation Convention: CoreMedia,…  

LightSpeed Unifies In-Store and Online Retail Commerce  Jan 14, 2014 12:18 PM By MCM Staff

LightSpeed Unifies In-Store and Online Retail Commerce (via PR Newswire) LightSpeed Web Store for Cloud offers professional retailers single window into entire business; LightSpeed now powers $6B in annual transaction volume, up 120 percent+ YoY MONTREAL and NEW YORK, Jan. 13, 2014 /PRNewswire/ — NRF Booth # 1963 — LightSpeed…

IBM Cloud Helps Retailers Adapt to Changing Consumer Trends  Jan 14, 2014 11:45 AM By MCM Staff

Wakefern and El Corte Ingles have adopted IBM Smarter Commerce on cloud to quickly respond to changing consumer trends, compete more effectively in local markets and extend their brand into new regions.






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