Retail

Millennials’ Low Net Worth And High Standard Of Living
June 25, 2015

Everybody wants to be in the millennial business. But some big-name retailers are encountering a problem in targeting that must-have consumer group: millennials insist upon having high-end goods and experiences, but don’t have the means to pay full freight. The solution for companies who want...

IKEA Will Trial New Smaller Store Format In UK
June 25, 2015

IKEA, the world’s largest furniture retailer, is planning to trial a smaller format store in the U.K. in an effort to reach more consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Alibaba’s Cross-Border Move Hits 11 Countries
June 25, 2015

The eCommerce giant announced the expansion of its online retail initiatives through two big efforts: the launch of 11 new country pavilions on Tmall.com and the establishment of 26 cooperative partnerships between foreign embassies in China and the company’s group-buying platform. Get the Full Story Complete...

Acquiring
Two European Grocery Chains Form Major US Stake
June 25, 2015

Ahold and Delhaize announced yesterday (June 24) their intention to merge by mid 2016.  “Ahold Delhaize” – which is its new name – will count more than 6,500 stores, 375,000 associates and 50 million customers per week in the U.S. and in Europe. With a combined turnover of...

Merchant Innovation
Commerce Hub Seeks To Boost Retailer Success
June 25, 2015

NCR launched a new commerce hub, Retail ONE, which aims to help retailers thrive in an increasingly competitive market by utilizing omnichannel solutions and the Internet of Things to their advantage, the company announced yesterday (June 24) at the NCR Synergy event in Orlando, Florida. Get the...

Digital River’s New CFO Comes From Groupon
June 25, 2015

Digital River announced yesterday (June 24) the appointment of Hoke Horne as the company’s new chief financial officer. Horne will be responsible for the company’s accounting, finance, tax, corporate development and enterprise operations activities. He joins Digital River from eCommerce marketplace Groupon. Get the Full...

Cool
Amazon: The Merchant’s Best Friend?
June 25, 2015

Attention, eCommerce merchants: Amazon is not your enemy. On the contrary, the company can actually help its partners increase its conversion rates 20 times over. In a lively and informative discussion, Patrick Gauthier, Vice President of External Payments at Amazon and MPD CEO Karen Webster...

Taking The Pain Out Of Omnicommerce
June 25, 2015

Talk about a headache. Following consumers across all of their shopping channels is tough enough, never mind enabling payments and commerce across those channels seamlessly. Vin D’Agostino, EVP for Commerce Enablement at Verifone, is all about dulling the pain and shares his thoughts on how...

News
App Engagement The New Frontier For Customer Experience?
June 24, 2015

More than 1 trillion push notifications were sent to mobile devices by developers and publishers in 2014, solidifying the importance of app engagement when trying to reach mobile users, VentureBeat reported yesterday (June 23). Get the Full Story Complete the form to unlock this article and...