PR Newswire

Michael C Fina

Michael C. Fina Transforming Into Online-Only Retailer

| MCM Staff

Michael C. Fina, the world renowned luxury tableware, engagement jewelry and wedding registry resource, announced the next chapter in its more than 80-year legacy, transforming into an online-only retailer. As part of the transition to become an online-only retailer, Michael C. Fina will close its retail location at 500 Park Avenue effective April 16. Here’s a look into how the luxury tableware, engagement jewelry and wedding registry resource will transition into an ecommerce-only model.

April Fools

Week in Review: It’s April, Fools!

| MCM Staff

April Fools’ Day came one day early for fans of Trader Joe’s. But the joke was on Yahoo news, which posted the faux Trader Joe’s press release (and has since pulled it from the web). But Trader Joe’s was far from the only April Fools’ Day prankster.

65% of UK’s Shoppers are Mobile

| Tim Parry

Mobile traffic in the UK made up 65% of all total ecommerce traffic in January, according to a March 2016 SimilarWeb report. Click through and find out how the UK’s traffic compares to other countries, and why you need to keep mobile in mind when you go cross-border.

ecommerce, ecommerce security, credit cards, credit card payments, online security, data security, PCI, Payment Card Industry, payment card data, PCI standards, online payments

The Debit Swipe Fee Cap is Still Too Damn High

| Tim Parry

A cap on debit card swipe fees enacted by the Federal Reserve five years ago has helped reduce costs for retailers and consumers but is still higher than intended by Congress and should be lowered, according to the National Retail Federation.

FedEx Rebrands Bongo International as FedEx CrossBorder

| Tim Parry

FedEx Trade Networks, the international freight forwarding arm of FedEx Corp., has announced the re-launch of Bongo International as FedEx CrossBorder. The announcement highlights the FedEx investment in expanding its international ecommerce offerings.

Linio

Linio Selects Payoneer to Disburse Cross-Border Payments

| MCM Staff

Linio, Latin America’s largest ecommerce store, has selected Payoneer Inc. to power its payments to sellers worldwide. The partnership will provide international sellers access to the estimated $88 billion Latin-American ecommerce market through Linio’s 8 localized platforms, by allowing them to receive their funds using Payoneer’s payment solutions.

JD.com’s Net Revenues from Online Direct Sales Increased 55% in 2015

| Tim Parry

JD.com’s net revenues from online direct sales increased by 55%, while net revenues from services and others increased by 110% in the full year of 2015, as compared to the full year of 2014, primarily due to the increased revenues from JD.com’s rapidly expanding online marketplace, advertising services and third-party logistics services.

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