Retail

eBay Enterprise Creates THE SHOP To Drive Commerce
June 04, 2015

eBay has announced the formation of THE SHOP through its eBay Enterprise unit, and says the agency will be among the first to “focus entirely on designing and driving commerce.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Merchant Innovation
Gimbal’s Big Beacon Breakthrough
June 04, 2015

Gimbal, a location and proximity-based mobile engagement provider, announced yesterday (June 3) that it is delivering its firmware licensing solution to its first ever-growing beacon proximity network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Could Prime Air Flip The Profit Switch For Amazon?
June 04, 2015

Bringing Amazon’s Prime Air drone delivery program to life may actually result in big profits for the company down the line, The Verge reported yesterday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Rakuten Looking To Raise $1.5B To Fund Growth
June 04, 2015

Japan’s biggest e-commerce player, Rakuten Inc., has plans to raise $1.5 billion via a share offering.  The firm is looking to strengthen its financial position as it moves to expand through acquisitions. Get the Full Story Complete the form to unlock this article and enjoy...

News
Amazon’s New Weapon: Free Shipping For Small Items
June 03, 2015

The war is on! In a move to compete with Target, Walmart and eBay’s eCommerce platforms, Amazon is launching free shipping of small items less than 8 ounces and without a minimum order, BloombergBusiness reported yesterday (June 2). The delivery is estimated to take four to eight days for...

Citigroup Announces New Co-Head of Retail, Douglas Trauber
June 02, 2015

Douglas Trauber is joining Citigroup as Global Co-Head of Retail within the Investment Banking group next August to oversee coverage for Citi’s Retail banking team. He will work hand in hand with Co-Head of Retail, Richard Moriarty. The appointment was announced in a June 1...

AT&T Phases Out its Subsidies and Contracts in Apple Stores
June 02, 2015

Apple Stores and Best Buy alike eventually plan to drop AT&T iPhone subsidies in favor of installment plans, according to a Monday, June 1 story from CNET, which cited an unidentified spokeswoman. In other words, customers looking for an AT&T iPhone have to sign up for an...

What If Ads Came With Buy Buttons?
June 02, 2015

One of the wonderful things about taking a closer look at retail is the discovery of an inventory of accepted facts that seem to have been invented out of whole cloth and voted into reality by a republic of journalists quoting each other. Get the...

Merchant Innovation
Urbanspoon Disappearing Into New Parent Zomato
June 02, 2015

Following its $50 million – $60 million acquisition by competitor Zomato, the Urbanspoon app is officially being shuttered. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...