Retail

Here’s Where Top Brands Are Going Customer Shopping
June 04, 2015

Top retail brands are not going to be scouting for real estate on Fifth Avenue. Instead, they’re headed straight to Uruguay, Chile and Qatar, among other emerging markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Online Shopping Produces In-Store Sales
June 04, 2015

A new study released by UPS shows that the engaged customer, who are often driven by mobile technology, play a key role in the future of the retail industry. The study also showed that online shopping actually encourages more shoppers to visit, and shop in...

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...