Alibaba Group Inks Agreement to Embrace Italian Businesses on Tmall
Alibaba Group and the Government of Italy signed an agreement on Wednesday to make it easier and faster for Italian businesses to open virtual stores on Tmall.
News
International Consumers Represent Two-Thirds of Global Ecommerce Sales
Payscout details the growing global ecommerce industry, which the company says American small and medium-sized businesses are failing to capitalize on due to the difficulties that lie in foreign currency processing.
Most Consumers Willing to Wait If It Ships Free
Today’s “flex consumer” is channel agnostic and willing to wait longer to receive items purchased online if it means free shipping, according to a new survey released today by UPS and comScore.
Five Below Names Former Walmart.com Chief as President
Teen and tween discounter Five Below announced today it has named Joel Anderson as president. Anderson was previously president and CEO of Walmart.com, according to a press release from Five Below.
Ability Commerce Announces at IRCE that TLA Video Selects Its Order Mangement System
Ability Commerce, announced at IRCE 2014 that TLA Video (Theatre for the Living Arts) will be migrating off of JDA’s Direct Commerce Suite and onto Ability’s Order Management System (Ability OMS) this summer.
Sailing Capital Consortium Wins Bid for Brookstone
Sailing Capital Consortium won the June 2 auction for a final purchase price of $135.7 million. Under Sailing, Brookstone will continue to operate as a stand-alone company and brand.
Why I’m Excited about Niraj Shah’s IRCE 2014 Keynote
At IRCE 2014, Shah will explain the company’s strategy, what it took to turn the ship and how the new focus has helped the company deepen its bond with shoppers.
Frederick’s of Hollywood Group Goes Private
Frederick’s of Hollywood Group Inc. has announced the completion of its acquisition led by a group consisting of HGI Funding LLC. The total transaction is valued at approximately $24.8 million.
Tagged Threads Partners With Think Logistics
Tagged Threads, an art-based clothing line, launched its website in May, and has partnered with Think Logistics for its ecommerce and direct-to-consumer fulfillment solution.
Best Cigar Prices Releases 96-Page Father’s Day Cigar Catalog
The Best Cigar Prices Father’s Day Cigar Catalog is a 96-page catalog featuring hundreds of unique cigar and cigar accessory items from the top brands in the industry.