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Retail
Japan Regulators Want Rakuten To Shelve Free Shipping Offer
February 28, 2020

The Fair Trade Commission in Japan (JFTC) has asked eCommerce company Rakuten to delay its plans to offer free shipping, which would take effect on March 18th, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...

International
China’s Halting Return To Work Signals US Supply Chain Headwinds
February 28, 2020

In a way, it’s a strange reminder of the 80/20 rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Biometrics
IBM, Vatican and Microsoft Team Up On AI, Facial Tech Regulation
February 28, 2020

Microsoft and IBM have teamed up with the Vatican to call for ethical and responsible use and regulation of artificial intelligence (AI) and facial recognition technology, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Shifting The Used Car Market Into Overdrive
February 28, 2020

Google “used car dealer.” Click on the image tab. Within the top four thumbnails you will see a man wearing a bad jacket, a bad hat and a villainesque mustache. He is the cliché of a profession that has a lot of suede sheen on...

Retail
Grocery eTailer RedMart Sees Record Demand Amid Coronavirus
February 28, 2020

More consumers are reportedly tapping into eCommerce to buy groceries, as well as other products, following a panic-buying in Singapore in February as the coronavirus outbreak took hold. RedMart, the grocery division of Alibaba’s Lazada, said it is “currently seeing unprecedented demand” in Singapore, CNBC...

Retail
Shoppers Likely To Avoid Malls If Coronavirus Escalates
February 28, 2020

In the event that the Coronavirus gets worse in the United States, 58 percent of consumers say they will probably steer clear of entertainment venues and shopping centers, per a survey from Coresight Research. Approximately 27.5 percent of respondents said they were already starting to...

Retail
eCommerce Fashion Seller Zalando Pivots To Luxury Apparel
February 28, 2020

Zalando, Europe’s largest online fashion retailer, is making an ambitious foray into the €38bn luxury clothing market. The company plans to double its eCommerce offerings from premium makers like Moschino and Alberta Ferreti within three years, according to a report in Financial Times. Get the...

eCommerce
2020 Buy Button Report: Some Use Cases Pushing It
February 28, 2020

When eBay first introduced the “buy it now” button way back in Y2K, it was designed for the impatient online shopper who couldn’t wait for an auction to end. These folks had to purchase that thing now. It didn’t take long for eBay and PayPal...

Retail
American Dream Megamall Announces First Shops To Open In Spring
February 28, 2020

The American Dream megamall in New Jersey is preparing to open a round of retail stores after nearly two decades in waiting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...