News

Retail
Macy’s Will Launch A Chinese eCommerce Site In 2017
October 10, 2016

Macy’s is going to China — digitally speaking — with the 2017 launch of a Chinese eCommerce portal in the largest eCommerce market in the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Ramps Up Warehouse Construction
October 10, 2016

According to reports out over the weekend care of NBC, Walmart is ramping up its eCommerce investment on the back end with the planned doubling of its warehouse capacity dedicated to online sales by the end of the year. That will put the total number...

Is Activewear Industry Finally Becoming Overstretched?
October 10, 2016

After years of steady growth as other sectors of the fashion industry have declined or remained stagnant, there appear to be signs beginning to emerge that the booming appeal of the activewear industry may also be coming to an end. Get the Full Story Complete...

Retail
Is Being Closed On Thanksgiving The New Trend?
October 10, 2016

Is closing on Thanksgiving day becoming the new being open on Thanksgiving day? 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....

Merchant Innovation
Ant Financial Names New CEO
October 10, 2016

Ant Financial Services Group, Alibaba’s online and mobile financial services affiliate, shuffled some of its top executive positions over the weekend and named a new chief executive officer, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Delivery
Uber’s Instant Delivery Food Service Shutting Down In Some US Cities
October 10, 2016

Uber’s Instant Delivery food delivery service has shut down in Seattle and several other major cities in North America, according to a GeekWire report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Toys”R”Us: We’ll Match Amazon’s Prices This Holiday Season
October 10, 2016

Toys”R”Us doesn’t want to be outdone this holiday shopping season by some of its biggest eCommerce competitors, so the toy giant has announced it plans to match the prices of 20 of its biggest competitors this holiday season. Get the Full Story Complete the form...

eCommerce
eBay Sept. Same-Store Sales Decreased 4 Percent
October 10, 2016

ChannelAdvisor announced same-store sales for a handful of online retailers, including Amazon and eBay. 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...

loyyal Joins Historic Dubai Future Accelerators Program
October 10, 2016

Blockchain startup loyyal is participating in the historic Dubai Future Accelerators program, backed by a $275 million fund. The announcement from the startup, which focuses on global loyalty and rewards, comes after it paired up with His Highness Sheikh Mohammed bin Rashid Al Maktoum, VP...