Staples is the Latest Merchant With a Data Security Breach
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.
News
Holiday Return Fraud Will Cost Retailers $3.8 Billion
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
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
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.
Amazon Launches Prime Now, One-Hour Delivery in NYC
Continuing on its juggernaut of instant fulfillment of all kinds of stuff from “the anything store,” Amazon today announced Prime Now, a service that will allow Prime members in New York to receive household items like paper towels and laundry soap in as little as an hour via a mobile app.
The app, which is available in iOs and Android versions, give Prime members in select New York neighborhoods free two-hour delivery; the one-hour version costs $7.99 per order. The company’s much-touted facility on West 34th St. in Manhattan will serve as the fulfillment hub.
ShipMatrix Talks On-Time Performance of the Major Carriers
ShipMatrix president Satish Jindel talks with Multichannel Merchant senior editor Mike O’Brien about his company’s latest on-time performance report for UPS and FedEx, and how major initiatives and investments from … Continue Reading →
FedEx Acquires Bongo International
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.
Banana Republic Offering Free Same-Day Shipping for Holidays
In the never-ending battle for holiday shopping dollars, clothing retailer Banana Republic is offering free same-day shipping from Wednesday, Dec. 17 through Tuesday, Dec. 23 as part of its “Procrastinators Event” promotional program, the company said in a press release.
Through crowdsourced same-day shipping provider Deliv, customers who use Banana Republic’s reserve in store option on its website can opt for free same-day delivery in eight cities: San Francisco, Palo Alto, Los Angeles, Chicago, New Jersey, Washington D.C., Houston and Seattle.
Amazon Extends Holiday Shipping Deadlines
Amazon announces it is extending its holiday shipping deadlines allowing customers to order immediately before Christmas. See the plans Amazon has in place for the holidays.
Private Equity Firm Acquires PetSmart
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