Warby Parker Has A $75 Million Fundraising Vision

Warby Parker is reportedly seeking $75 million in Series E funding. The company discussed the plans in a Wednesday (March 7) filing...

eBay Expands Cross-Border Logistics Network With New Joint Venture

Online retailer eBay has launched a joint venture with a unit of Citic Private Equity Funds Management Co. Ltd., eyeing a boost...

Amazon Expands Discounted Prime Membership To Medicaid Recipients

As Amazon competes with Walmart for low-income shoppers, the eCommerce retailer is rolling out discounted pricing of its Prime program to more...

Thinking Outside, And Inside, The (Cardboard) Box

Target Logs Earnings Miss, Despite 25 Percent eCommerce Growth

The retail outlook was bleak when, on the first earnings call of 2017, Target announced plans to invest more in digital, fulfillment...

Amazon Toured Sites In Washington, DC, Area Last Week

Washington, D.C., could be the home of Amazon.com’s second headquarters: Officials from the eCommerce giant toured potential sites in the area last...

Amazon Prime Chief Leaves For Airbnb

Amazon’s Vice President of Amazon Prime, Greg Greeley, is leaving the eCommerce giant after working for the company for 18 years. According...

Prime Members In San Francisco And Atlanta Get Free Whole Foods Delivery

Adding to the sundry benefits of Prime, Amazon is launching free two-hour delivery of Whole Foods groceries in Atlanta and San Francisco...

Athleisure, Fast Fashion And Gap’s ‘Cross-Channel, Cross-Brand’ 2018

After a long trip out in the earnings wilderness — and an increasing conviction from market watchers that Gap Inc. might simply...

Brick-And-Mortar Merchants Breathe New Life Into Cabs In Calgary

Uber Eats or Grubhub? Postmates or Instacart? For last-mile delivery, there are several choices for consumers to get take out, household products...

Gamification: A Growth Driver For Online Apparel?

To some, shopping online for clothes is a chore. To others, it’s fun. But how often does it feel like a game?...

Who’ll Win When Facebook Advertisers Flee?

Procter & Gamble made headlines last week when its Chief Brand Officer, Marc Pritchard, confirmed that the world’s largest advertiser cut $200...

Alibaba Is Hungry For Food Delivery Service Ele.me

In a possible deal to strengthen its delivery network in China, Alibaba reported plans to buy out Baidu and other investors in...

Walmart Launches BuzzFeed-Branded Kitchen Tools

Using BuzzFeed’s extensive online reach, Walmart will debut a new line of kitchen tools that carry the website’s Tasty brand. The items will...

Worldpay Beats 4Q Estimates, Eyes eCommerce Growth

Worldpay reported results on Wednesday (Feb. 28) that beat analyst expectations, as transactions grew in the mid-single digits. Vantiv, based in the...

Overstock Shares Fall Amid Token Sale Probe

After a U.S. regulator asked Overstock.com for information related to its planned sale of digital tokens, the eCommerce retailer’s shares tumbled more than...

The Secret To A Better Fit? Fighting Arbitrary Sizing

The “What’s your size?” shuffle is a specialized horror that female consumers from all walks of life complain bitterly about. It’s the...

Amazon, Walmart And Target Woo All Channel Consumers With Delivery, New Payment Options

It’s not enough to build a large store and expect shoppers to come. In the omnichannel age, even superstores such as Target...

Casper Opens First Brick-And-Mortar Store

After experimenting with pop-up shops, mattress retailer Casper has decided to open a permanent store. The company’s first brick-and-mortar location will be...

Walmart Fashions New Private Label Apparel

As Walmart seeks to elevate its line of apparel, the retailer is launching new fashions for women, men and children. The clothing...

The Sweet Side Of Building A Luxury eCommerce Brand

While most startups are a labor of love, love is rarely the starting point for a business venture. Couples go into business...

Data Dive: The Good, The Bad And The Ugly Edition: Discover, JPMC And Toys R Us

Last week had plot twists in the payments and commerce ecosystem. We found out Google was hitting reset on its mobile payments ambitions. We learned,...

Omnichannel Gifting: Because Digital Isn’t Enough Anymore

There are few verticals where business is a guaranteed — basically just food, healthcare, and funerary services. And even those spaces are...

Target CEO Still Bullish On Brick-And-Mortar Retail

Even with increasing eCommerce sales, Target CEO Brian Cornell still believes brick-and-mortar stores are central to the company’s strategy, according to news from CNBC....

B2B FinTechs Top Up Funding With Series B Rounds

It was repeat success for most of the B2B FinTechs that landed funding in this week’s B2B Venture Capital roundup, as Series...

Jewel Paymentech Takes On Marketplace Counterfeits

Amazon and Alibaba may be the most high-profile eCommerce marketplaces, but they are far from the only ones, especially in smaller international...

Quick Swiping, Long Learning And A Better Way To Build A Fashion Marketplace

Since its launch in 2013, Mallzee has been informally designated the “Tinder of fashion” in the U.K., where the company is headquartered (specifically...

70 Percent Of Merchants Use Progress Bars To Drive Checkout Conversions

Big merchants have many strategies, but they often lack an online checkout strategy. As a result, merchants may lose millions a year...

Marc Lore Denies Rumors He’s Leaving Walmart

With rumors swirling that CEO and President of Walmart eCommerce U.S. Marc Lore may be departing, the executive announced on Wednesday (Feb. 21) he...

The Drag-And-Drop Future Of Developing For Voice

In the era of Wix, Squarespace and GoDaddy, it can be hard to remember that once upon a time building a quality...

Gap Brand CEO Stepping Down

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter...

Today In Data: Trade Finance Gaps, Brand Texting And Loyalty Spending Habits

Today in PYMNTS data, trade finance gaps left by traditional banks are highlighting deeper underlying issues, millennials are texting more than ever...

Retailers Take Sides In Battle Between Alibaba And Tencent

Alibaba and Tencent, which are locked in a battle to win over consumers, have invested more than $10 billion in retailers since...

Amazon Plans Private Label Expansion In India

As Amazon seeks to take on Flipkart in India, the eCommerce retailer is looking to offer more private label products. The news...

Retailers Roll Out Presidents Day Sales To Clear Old Inventory, Full-Priced Spring Fashions

Ever since the Uniform Monday Holiday Act took effect in 1968, “Presidents Day” has been observed on the third Monday in February....

Why Retail Wishes Every Year Could Be The Year Of The Dog

Yesterday marked the beginning of the Chinese New Year, and this year it’s the Year of the Dog. The Chinese zodiac is a bit...

How Home Depot’s Hedging Against A Downturn With Digital

While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly...

Warby Parker Expands Brick-And-Mortar Presence

To help gain exposure and customer insights, Warby Parker is expanding its brick-and-mortar portfolio. The eyeglass retailer is aiming to have approximately...

Shping Incentivizes Consumer Engagement With Brands For Digital Coins

To research a product, potential customers may turn to Google. But finding product information can be a bit of a cumbersome process....

Behind BJ’s Digital Double Down

Headquartered in Westborough, Massachusetts, BJ’s Wholesale Club doesn’t always attract the same level of interest as its larger counterparts at Costco or Sam’s Club —...

Discounts And Price Compare On Grocery Apps Can Drive Higher Customer Satisfaction

Third-party apps such as Instacart have long served grocery customers. With their popularity, grocers want in — and software companies are happy...

Delivery Hero Faces Crowded Market

The CEO of a German food delivery service is aiming to break even in 2018, despite competition from Amazon and Uber. Still, Delivery...

Amazon Wants To Be A Medical Supplier To Hospitals

Amazon‘s Business unit wants to be a supplier of medical products to hospitals and clinics around the country. According to news from The...

Weak Holiday Sales Force Barnes & Noble To Reduce Staff

After weak holiday sales, Barnes & Noble has laid off an unspecified number of experienced workers, such as lead cashiers and digital...

How Adore Me Wants To Bring The Love Back To Lingerie

Lingerie is not always an easy thing to purchase. The size ranges are limited, the prices are high and the selection is...

Amazon Cuts Consumer Biz Heads At Seattle HQ  

Amazon is reducing its headcount at its corporate office in Seattle, with the eCommerce giant reportedly laying off several hundred employees in...

Amazon Steps Up In Brazil With Potential New Warehouse

As Amazon gears up to compete with rivals in Brazil, the eCommerce retailer is reportedly seeking to lease a 50,000-square-meter warehouse near...

In The Age Of Big Data, Why Are We Still Flying Blind?

In a world where we’re bombarded daily — even hourly — by data points on everything from stock prices and market cap to...

Why A Chicago Startup Is Tying Its Future To Physical Retail

Brick-and-mortar retail oftentimes gets a bad rap in 2018. It’s not wholly undeserved, of course. Last year saw store closures spike 200...

Gift Cards: Not Just For Merchant Apps Or The Holidays

Merchants may be able to deliver the best experiences to their customers through their own apps, but not all customers want to...