Best Buy Names New CEO

| Daniela Forte

Best Buy announced that Corie Barry, its chief financial and strategic transformation officer, will be the company’s new CEO, effective June 11. This makes Barry the first woman to serve in this role in the company. Here is more about the leadership changes at Best Buy.

Bed Bath & Beyond to Close 40 Stores

| Daniela Forte

Bed Bath & Beyond announced the closing of 40 of its stores and may close more stores if it cannot negotiate more favorable lease terms with its landlord. Here is how the company is reimagining its bricks-and-mortar presence in the age of ecommerce.

Walmart Adds Google Voice Capability for Online Grocery

| Mike O'Brien

Two months after dropping out of the Google Shopping Actions platform and the Google Express same-day delivery service after a year-long test, Walmart is adding Google’s voice ordering capability for online groceries as it continues to wage war with Amazon.

Dick’s Sporting Goods Sees Success with Ecommerce Software Insourcing

| Mike O'Brien

Dick’s Sporting Goods continues pushing to insource its ecommerce software, following a trail blazed by its CIO during his time at Home Depot, according to a report in the Wall Street Journal. The company has also centralized its ecommerce fulfillment and revamped its supply chain to speed up ecommerce deliveries.

When Is Outsourced Fraud Prevention Cost Effective?

| Rafael Lourenco

Fraud as a percentage cost of revenues has steadily climbed over the past several years, from an average of 0.51% in 2013 to 1.80% in 2018, and that number is expected to keep rising as CNP fraud continues to grow. Here are some key factors when considering whether to have all of your fraud screening done in house or outsourced.

How to Fix Your Ecommerce Checkout to Sell More

| Irina Linnik

Checkout is the most critical part of the ecommerce sales funnel as this is the area where people complete transactions and purchase your products. Here are some tricks that can help retailers fix the current issues and start selling more at checkout.

Walmart Chief Technology Officer Exits Position

| Daniela Forte

Walmart chief technology officer Jeremy King, who oversaw much of the company’s digital strategy, is abruptly leaving the company according to Bloomberg and other sources. This comes at a critical juncture when Walmart’s ecommerce arm is growing rapidly and making headway against rival Amazon.

Worldpay Acquired by FIS, Integrates with Amazon Pay

| Mike O'Brien

In a continuing consolidation of the payments space, FIS has agreed to acquire Worldpay for $43 billion, while Worldpay at the same time has become the first payments acquirer to fully enable Amazon Pay for its ecommerce seller customers.