T.J. Maxx has finally jumped back on the e-commerce bandwagon, but the investor excitement in parent company TJX that the endeavor has brought will likely be cooled by the company’s latest earnings report. TJX, which also owns Marshalls and HomeGoods, released its third quarter earnings...
Danish startup AllUnite, which lets retailers offers ad-supported free Wi-Fi in their stores, plans to add 50 new markets in 50 weeks with its €3 million ($3.76 million) in new funding, TechCrunch reported. The Series A round, which was led by European VC firm Northzone...
All merchants know the holiday shopping season is their bread and butter, but prepping for holidays brings along high product investment costs. PayPal and Square want make the loan process easier for its customers, Bloomberg reported. For merchants already using PayPal to process payments, using the...
As a company that went public just a few months ago, Alibaba continued to show its strength when it shattered sales records on Nov. 11 with Singles’ Day sales of $9.34 billion. But that’s not enough to make Alibaba Founder and Chairman Jack Ma happy,...
UGG Australia has opened a digital concept store in suburban Washington, D.C., that does away with cash registers and lets customers design their boots on large touchscreens, according to the Washington Post. The new 2,110-square foot store in Tysons Galleria will double as an innovation...
Traditions die hard, but it when comes to Americans leaving family and turkey to head to the mall on Thanksgiving, it’s a terrible idea for those aged 55 and older (16 percent approve) but a “great” idea for about half of those polled aged 18-34,...
Holiday shoppers will spend a record-breaking $31 billion on gift cards this year, according to a survey of more than 6,000 consumers by the National Retail Federation. The average person buying gift cards will spend $172.74, up from $163.16 last year, the poll found, with...
The PCI Security Standards Council has done a breakdown of how recent high-profile security breaches have occurred, and how merchants of all sizes can defend against the risk of being hacked, Payment Week reported. One reason for the rash of cyberthefts is the EMV shift...
At fashion designer Rebecca Minkoff’s store in New York’s fashionable Soho district, a dressing room has a digital mirror that identifies garments, makes accessory recommendations and can summon sales associates to bring in that garment in alternative colors and sizes. But what makes this digital...
