Jet.com, the second eCommerce brainchild from Diapers.com founder Marc Lore, goes into the market valued at $600 million – and that is before the company has sold a single item, according to The Wall Street Journal. However, CEO Lore has a long history of winning at...
As heavy as the head that wears the crown can be, on the upside, at least you get a crown. Being the No. 2 guy to the guy that wears the crown is not so much heavy as it is a headache – particularly if the...
It’s like Black Friday, but in spring. (And it’s online, and it lasts for a week.) 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 our daily...
Wedding guests plan to spend 13 percent more to see their friends and family say “I do” in 2015, according to a newly released American Express Spending & Saving Tracker survey. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Twitter’s Buy button is finally beginning to find its most natural use: Selling live-event tickets on short notice. On Monday morning (April 20), the NBA’s Atlanta Hawks tweeted that the team would sell a limited number of tickets to Wednesday’s game straight from Twitter, Re/code...
Omnichannel activewear retailer Outdoor Voices has brought in $1.1 million in a bid to expand so it can challenge Lululemon and other activewear brands, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
These days one can almost feel bad for the people who work hard to bring you television commercials each night. It is reportedly intensive, expensive, highly creative and very demanding work – which must make the ever declining number of eyeballs those commercials attract extremely...
Alibaba will be selling and offering financing for General Motors cars through its eCommerce sites, and using its data-crunching capabilities to target Chinese buyers for GM, Reuters reported on Friday (April 17). Get the Full Story Complete the form to unlock this article and enjoy...
The year 2014 saw far-reaching vulnerabilities, faster attacks when those security holes became public, files held for ransom and far more malware than ever before — and retailers were among the hardest hit, according to Symantec’s “2015 Internet Security Threat Report.” Get the Full Story...
