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Archive for the ‘Retail’ Category

With the back-to-school shopping season in full swing, what items are consumers targeting most? According to price comparison site SortPrice.com, electronics and gadgets are once again the most sought-after products in 2011.   The company rolled out its annual top 10 popular back to school products list yesterday, which is compiled using site traffic and user [...]

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The rise in new online sales tax bills in states across the nation has been a top story within the e-commerce and business press over the course of the past year or so.  It seems, however, that not everyone is reading those stories. In a newly released survey sponsored by the International Council of Shopping [...]

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Already one of the leading F-commerce solutions in the industry, comparison search engine SortPrice.com announced this week that they’ve added another cool feature to their Facebook Store Application that allows merchants to run Flash Sales right on their fan pages. The company says the new component is just the latest in a long line of [...]

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Borders, which gamely filed for bankruptcy earlier this year and then committed heavily to a reorganization effort to save itself, is out of options and will now begin the process of liquidation. Thus ends the tenure of one of America’s most popular retail brands. “Following the best efforts of all parties, we are saddened by [...]

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While Friday’s big economic-related news announcement was definitely a downer—unemployment nationwide has increased and now sits at an ugly 9.2 percent—web retailers are rejoicing thanks to more good news for them. E-commerce sales in June increased 15.2 percent year-over-year according to the latest MasterCard Advisors SpendingPulse report.  For those of you keeping score at home, [...]

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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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Ron Johnson’s work in building and expanding Apple’s retail offerings into a global force has been described by some as “iconic.”  Apparently, JC Penney feels the same way. The department store chain has tabbed Johnson to be its new CEO, effective November 1.  Johnson will take the reigns from current Penney’s CEO Myron Ullman, who [...]

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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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