In what may be another round of rumors surrounding Indian eCommerce company Snapdeal to be quashed, the firm will not be bought by China’s Alibaba Group Holding. Reuters said there was no deal in the works, citing an unnamed source last week “familiar with the...
Amazon continues to focus efforts on expanding its market Chinese market to the nation of 1.38 billion. Last week, the online retail behemoth opened a showroom in Beijing’s popular shopping destination Sanlitun Square. Get the Full Story Complete the form to unlock this article and...
In a strong third-quarter performance that showed momentum in both online and brick-and-mortar sales, Ulta Beauty showed gains on both its top and bottom lines and boosted its annual guidance for what Chainstoreage.com said was the third time in just the past year. Get the...
The women’s apparel retailer is boosting its digital offerings in an attempt to enhance the experiences of its omnichannel shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Online sales are up this year — and brick-and-mortar foot traffic is down — meaning Walmart is about to find out in real time if its billions invested in leveling up its eCommerce capacity is making a dent in Amazon’s online dominance. Get the Full Story Complete...
Selling furniture online isn’t easy work — though the team at Boston-based Wayfair might make it appear otherwise. The firm has just come off another quarterly earnings report with a big jump in revenue — up 52 percent in Q3 — after a year of consistently beating analysts’...
As of now, the big Thanksgiving Holiday weekend is in the past, and the official scoring has been in. Online shopping was the bigger winner, brick-and-mortar continued to suffer losses, more consumers spent, but they spent less per person because everything everywhere was on sale....
Fitness technology firm Fitbit is coming close to acquiring Pebble, the smartwatch maker, in a transaction that Venturebeat.com says will “spell the end of the Pebble brand” with an attendant purchase price of $34 million to $40 million. Get the Full Story Complete the form...
Nike’s technology investments are being put to the test this week after the release of its new product, the Nike HyperAdapt. It is a $720 pair of shoes — and these particular kicks come with a set of self-tying laces (think Back To The Future:...
