Retail

News
Amazon Expands Manhattan One-Hour Delivery
February 18, 2015

Amazon may have been shut out of delivery-by-drone in the U.S. for the next few years, but there’s at least some good quick-delivery news for Manhattan customers: The ecommerce giant’s bicycle-delivery service now covers the entire island, according to Mashable. Amazon launched its Prime Now...

News
No Amazon Drone Deliveries For Now, Says FAA
February 17, 2015

Drones won’t be delivering your Amazon Prime order any time soon under new rules proposed by the Federal Aviation Administration (FAA), CNBC reported. The FAA’s draft rules, which were published on Sunday (Feb. 15), would require commercial drones to be operated in direct line-of-sight of...

Dónde Wants To Help Brands ‘Think Local’ To Expand Their Reach
February 16, 2015

Between 2009 and 2013, according to the most recently available data from the U.S. Census Bureau, the median household income in Oxford, Mississippi, was a little over $39k a year, 55 percent of the population was working age (18-65) and a little over 20 percent of...

Loyalty & Rewards
US Passes 3 Billion Customer Loyalty Member Mark
February 16, 2015

Americans just can’t get enough of loyalty programs — they now hold 3.3 billion memberships, retail-loyalty research company Colloquy reported. That’s 10.3 loyalty memberships for every man, woman and child in the U.S. It’s also an average of 29 loyalty program memberships per household, though...

Mobile Commerce
Smartphone Shopping Not On Par With Smartphone Usage
February 13, 2015

While smartphones seem to be progressively devouring the day for most Americans, mobile commerce and mobile payments are lagging far behind the other uses of mobile devices, according to a new pair of surveys. U.S. smartphone users now spend 4.7 hours per day on their...

News
Overcharging Customers Costs Target $4M
February 13, 2015

Target will pay almost $4 million to settle accusations that it charged California consumers higher prices than the retailer advertised because of faulty checkout scanners, the San Francisco Chronicle reported. The $3.9 million fine follows a similar $2.25 million settlement with supermarket chain Safeway last...

Amazon Competitor Jet.Com Bags $140M In New Funding
February 12, 2015

Jet.com Inc. has closed $140 million in a new round of financing led by Bain Capital Ventures, bringing its total value to almost $600 million. That makes it one of the more valuable tech start-ups on Earth, which is a particularly impressive feat considering they...

Merchant Innovation
Home Depot’s Custom Smartphone Does Inventory And MPOS
February 12, 2015

Home Depot has almost finished rolling out 40,000 of its custom FIRST Phone smartphones to in-store employees — and the new-generation devices are slowly beginning to line up with industry standards, according to employee descriptions of the phones. The home-improvement chain rolled out the first...

Fancy’s New Funding Hopes To Buff Up Social Commerce
February 11, 2015

Social shopping platform Fancy said it has closed a new financing round that’s reportedly worth as much as $20 million, according to TechCrunch. The New York-based startup, which hasn’t made a filing with the U.S. Securities and Exchange Commission since its last Series C round...