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Retail

News Brief

PayPal’s value soars to $44B as trading begins ahead of eBay spin-off

PayPal is worth roughly $44 billion during its first full-day of trading as an independent company. The San Jose, Calif.-based… Read More

Everything you need to know about eBay and PayPal’s split — and how it impacts Amazon

In just a couple of weeks, eBay and PayPal will no longer be bound together at the hip, ending a 13-year… Read More

Amazon heads south of the border, launches an all-new online store in Mexico

Amazon has finally launched retail operations in Mexico, allowing consumers to buy millions of items ranging from consumer electronics to… Read More

Zulily experiments with letting some customers return flash-sales items

Zulily just got a whole lot more forgiving for some of its customers. In its latest experiment, the Seattle-based retailer… Read More

Two Amazon employees leave to create ‘Mona,’ a Siri-like personal shopping assistant

Want to know when those shoes go on sale? Or, find a specific handbag for under $200? Today, Mona Labs, is launching a mobile… Read More

Alibaba gives up on Amazon rival after a year, sells 11 Main to New York’s OpenSky

Alibaba has made it clear how it wants to enter the U.S., and it’s not doing it by going head-to-head… Read More

Walmart, Sears and eBay to stop selling Confederate flag products. Is Amazon next?

UPDATE: Amazon began the process of taking down Confederate flag-related merchandise Tuesday afternoon from its marketplace. Three of the country’s largest retailers, Walmart,… Read More

Groupon acquires Seattle startup Venuelabs to help local merchants monitor social media feedback

Groupon is acquiring Venuelabs, a Seattle-based startup that helps local retailers monitor what is being said about them on a variety of social… Read More

Video: Five highlights from our live chat with Starbucks’ digital boss Adam Brotman

Starbucks’ Adam Brotman and I met up in a Starbucks this morning to talk about the launch of mobile ordering… Read More

Starbucks expects mobile ordering to be nationwide this year, with more than 4,000 cafes live today

Starbucks’ new mobile service, which allows customers to buy a cup of coffee from their phone before entering the store, is now live… Read More

Watch out Walmart: Alibaba’s sales could be larger than yours this year

Alibaba is aiming to be an e-commerce powerhouse on a scale no one else can match. That was the message Alibaba’s Founder… Read More

Groupon exec shake-up: CFO Jason Child steps down; Rich Williams named COO

Groupon announced two major executive changes this morning, both having to do with former Amazon executives. Groupon CFO Jason Child,… Read More

Q&A: Amazon Prime boss Greg Greeley says skip the trip to the store, use same-day delivery instead

Amazon has achieved another milestone in its long history of breaking new ground in the retail world. The company is launching… Read More

EBay’s comeback plan includes Amazon Prime rival and new advertising services

eBay is working on a new shipping service that may rival Amazon Prime, and has plans for a new advertising service that will… Read More

Sneak Preview: What it’s like to shop on Jet.com, the startup that’s gunning for Amazon

A week after I placed my first order on Jet.com, I received a handwritten card in the mail, thanking me… Read More

Security researcher exploits flaw to load Starbucks gift cards with free money

A flaw in Starbucks’ gift card system allowed users to transfer money between cards even when there was no money to… Read More

Target’s quarterly profit surprises as online sales spur growth

Target’s online sales increased 37.8 percent in the first quarter, contributing to a larger-than-expected rise in quarterly profit for the Minneapolis-based… Read More

Wal-Mart’s Q1 profit hurt by higher wages and spending on e-commerce

Wal-Mart Stores missed analyst expectations for the first quarter, reporting a 7 percent drop in profit as employee raises and spending on… Read More

Spotify hoping for ‘millions’ more subscribers thanks to Starbucks deal

Spotify is hoping to sign up millions of new subscribers to its streaming music platform through a new partnership announced today… Read More

This is Google’s plan to compete with Amazon

Google is close to launching “buy” buttons to enable customers to pay and check-out for products without ever having to leave… Read More

Zulily shares tumble 17% after lowering sales outlook for the year

Zuilly shares are collapsing after the Seattle retailer said it was lowering its revenue outlook for the year. The Seattle company… Read More

Alibaba shares hit all-time low after implementing hiring freeze

Chinese e-commerce giant Alibaba is implementing a hiring freeze, saying it grew too quickly over the past year. “Alibaba has really developed too quickly,”… Read More

Nordstrom unveils curbside pickup for online shoppers at 20 U.S. stores

Nordstrom has just concluded the first phase of a major downtown Seattle store remodel, but as part of the renovations, some… Read More

India’s Flipkart shuts down mobile website, but says desktop version will stay for now

In India, where smartphone adoption is ahead of computer use, companies are constantly having decide where to invest their resources. Take Flipkart, for… Read More

Amazon tests third-party editorial content, starting with travel gear reviews from The Wirecutter

Amazon has started using third-party editorial content on its homepage to provide a deeper level of recommendations for some of the products it… Read More

Amazon justifies big investments in Prime, saying ‘It’s a great platform to feed’

Now that Amazon is breaking out revenues from its cloud computing business, we have a clearer picture of how its core retail business is… Read More

India’s Flipkart to shut down website within a year, thanks to popularity of mobile

The popularity of mobile phones in India is driving the country’s biggest e-commerce company to shut down its web portal within a year. FlipKart… Read More

Sam’s Club launches slate of new services targeting small business owners

Sam’s Club is rolling out five new services for small business owners, with the goal of increasing loyalty at the… Read More

Alibaba VP John Spelich leaves company, lands in Seattle while planning next move

One of Alibaba’s top executives, who led the effort to sign up international brands to its Chinese marketplaces, has left the company.… Read More

Groupon’s deal of the day: Sell Ticket Monster stake for big bucks after buying it from LivingSocial

Groupon confirmed today it will be selling a stake in Ticket Monster, the Korean-based e-commerce company it bought more than a year… Read More

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