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Archive for the ‘Ecommerce’ Category

What happens when the world’s largest retailer decides to plant an e-commerce flag in the world’s most populous country?  We’re about to find out. Walmart announced this week that it has finalized an agreement with Shanghai’s government to set up an office in the Chinese commercial city that will serve as headquarters for the retailer’s [...]

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While the daily deals market has become increasingly crowded over the course of the past year or so, it would appear that all of the newcomers (and even those companies that have been at it for awhile) have a long way to go before they’re going to catch up with Groupon. A new report from [...]

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Touting the advent of a new age of online creativity, the organization responsible for the Internet address system has approved a measure that will allow both companies and organizations to apply for new, ‘top-level’ domain names for use in conjunction with the more than 20 domains already in existence. ICANN, the Internet Corporation for Assigned [...]

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We all know just how profound an impact Groupon, Living Social and the daily deal sites that followed them have had on the online shopping world.  But despite the meteoric rise in popularity, is the daily deal model not without some negatives? According to a new survey, the answer is yes, though the results still [...]

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It’s hard to believe that we’re just now getting into the swing of summer and it’s already time to starting thinking about the back-to-school shopping season.  Lo and behold though… PriceGrabber just rolled out its annual Back-to-School Shopping Forecast survey and the results show a bit of a shift in back-to-school shopping plans for 2011 [...]

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Handing a big win to retailers and e-tailers in particular, the U.S. Senate yesterday rejected a proposal to delay for a year a major reduction in debit card fees that merchants pay to banks and opened the door for the Federal Reserve to move ahead with an immediate reduction in such fees. Both online and [...]

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Apparently, acquiring a minority stake in open source ecommerce platform Magento for more than $22 million last year wasn’t enough for eBay. The online auction site announced this week that it has agreed to buy the rest of the company and will own 100 percent of Magento’s outstanding shares once the transaction is completed.  Terms [...]

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While there are some notable exceptions, new research from think tank L2 reveals that a majority of luxury brands are failing to capitalize on the potential of Facebook when it comes to engaging and motivating present and potential customers. L2 reviewed the Facebook activity of 100 different “prestige” specialists for the report and found that [...]

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While other companies continue to flood the market and target retailers with new e-commerce solutions for Facebook, one of the industry’s original ‘F-commerce’ providers is already well into phase two of its retail offering for the social networking site. Comparison search engine SortPrice.com yesterday announced that it has unveiled Version 2.0 of its Facebook Store [...]

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Despite an unusually late-April Easter holiday that probably hindered sales in the days and weeks following it, May marked the seventh consecutive month of double digit e-commerce sales growth, according to data from MasterCard Advisors SpendingPulse report. Overall online spending in May grew 15.9 percent year over year, which also represented the 22nd straight month [...]

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