Retail

News
USPS To Deliver Groceries
October 27, 2014

The U.S. Postal Service is already delivering groceries for Amazon in San Francisco, and has now received an OK to extend the experiment for two years, Internet Retailer reported. According to a USPS proposal, which was approved on Thursday (Oct. 23) by the Postal Regulatory...

Apple Pay
Rite Aid Dumps Apple Pay
October 24, 2014

After accepting Apple Pay at all of its stores on the Apple Pay launch day on Monday (Oct. 20), the $26 billion 4,600-store Rite Aid pharmacy chain apparently changed its mind and yanked support from those stores Wednesday (Oct. 22), with no official explanation, according...

Company Spotlight
Apple May Soon Hit Sale Of Billionth iOS Device
October 23, 2014

Talking revenue or net income in the billions isn’t something shocking for Apple, but hitting that billionth mark for sales of its iOS devices is, which apple is expected to do this quarter, according to a Seeking Alpha report released Wednesday (Oct. 22). During Monday’s...

News
Most Consumers OK With Anonymously Sharing Personal Data
October 23, 2014

The results of a national survey released Tuesday (Oct. 21) reveal that a majority of Americans are comfortable sharing personal information, particularly when there’s rewards information to gain from sharing. Sixty percent of consumed in the survey revealed that they divulge personal information to their...

Mobile Commerce
Price Comparison Dethrones Amazon
October 21, 2014

Amazon, which at one time had the reputation for undercutting other e-tailers with slightly lower prices, has lost the online pricing edge to both Walmart and Target. “Both big-box retailers generally offered lower prices online than Amazon in the clothing and shoes, electronics, housewares, and...

News
Bitcoin Processor Takes In Big VC Cash
October 21, 2014

The Bitcoin payments processor that was created by former Visa and Cybersource people, Bitnet, has pulled in $14.5 million in funding, including from a new player on the digital currency scene: Rakuten. The funding was led by Highland Capital Partners and included Japanese E-commerce behemoth...

Loyalty & Rewards
Starbuck Mobile Ordering Hits Portland, U.S. Launch 2015
October 20, 2014

Mobile ordering is a buzz in Portland’s Starbucks market, as the company announced a new app Thursday (Oct. 16) that will enable customers to order and place up from chosen location. “Mobile ordering will deliver convenience, frequency and speed of service and over time, become the fastest and...

News
Why Feds Want EMV For Govt. Debit Cards
October 20, 2014

The U.S. government will replace roughly 9 million government-issued payment cards with EMV chip-and-PIN versions early next year in a push to increase awareness and use of the more secure cards, President Barack Obama announced on Friday (Oct. 14). Between 5 and 6 million prepaid...

Merchant Innovation
NRF Predicts Massive Holiday Online Shopping Volume
October 17, 2014

A holiday shopping survey from the National Retail Federation released Thursday (Oct. 16) found that consumers plan on doing 44 percent plan of shopping online. That is the highest percentage of online shopping that the annual survey—now in its 13th year—has ever seen. The survey...