Retail

News
Ugg’s DC Digital Concept Store
November 18, 2014

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...

News
Millennials Love Stores Being Open On Thanksgiving
November 17, 2014

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,...

News
Holiday’s $31B Gift To Payments
November 17, 2014

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...

News
The Newest Merchant Tool To Fight POS Fraud
November 17, 2014

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...

Mirror Mirror On The Wall, Pay With PayPal Or Not At All
November 14, 2014

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...

News
Will Merchants Make A Holiday Deal?
November 14, 2014

The 2014 holiday shopping season has launched at a snail’s pace, but new research suggests retailers with enticing sales will eventually be rewarded for their patience. The National Retail Federation released results of a survey Wednesday (Nov. 12) that reveals how shoppers are holding out...

Apple Pay
Apple Pay Comes To Alibaba’s US Marketplace
November 14, 2014

In case the E-commerce giant in China hasn’t proved it’s place in the E-commerce shopping marketplace yet, its new mobile apps might give it another edge. And they come equipped for Apple Pay. Alibaba’s boutique shop 11 Main now has new mobile apps designed to...

Ikea To Boost Online Sales
November 14, 2014

Ikea wants the online share of its sales to grow from almost nothing to 20 percent by 2020, and the retailer is rolling out a new ecommerce platform to push toward that goal, Retail Week reported on Thursday (Nov. 13). The new web platform, which...

News
Walmart Grows Global E-Commerce Business
November 14, 2014

Leading into the holiday season as the retailer who has turned Black Friday into a five-day event, Walmart’s third-quarter earnings showed the world’s largest retailer posted its first sales growth for the first time in nearly two years, led in large part by growth in its global...