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Omni Ventures announced entry into an exclusive e-commerce licensing, sales, supply and distribution agreement along with the formation of a dedicated e-commerce division in line with the strategic diversification of its holdings. The goal of the division is to aggressively enhance the company's online marketing efforts and management of the PRVCY brand on the www.prvcycouture.com e-commerce platform.
California shoppers have one last chance to avoid paying state sales taxes on many of their online purchases this holiday season. By the time d other internet retailers will have begun collecting sales taxes on purchases made by their California customers, the result of a deal struck with lawmakers in September. rolls around next year, an
Sellers on eBay Motors began receiving checks this month that were their portion of a $30 million settlement in a class-action lawsuit filed in 2009 by two sellers alleging that eBay charged excessive fees for listing items in the "Parts and Accessories" category.
Target has promoted Casey Carl to president of multichannel and senior vice president of merchandising, a move that will now have him oversee the recently relaunched Target.com. The discount store chain said that Carl, who most recently served as senior vice president of hardlines and as a co-lead on Target's multichannel steering committee, takes over the posts effective immediately.
eBay CEO John Donahoe told The Wall Street Journal it had a "record" Black Friday but provided no further information. eBay did share its mobile growth rates for Thursday and Friday, some data about which products and categories consumers were shopping, and somewhat interesting data about its Black Friday deals.
Most retailers are feeling quite merry after the start of the holiday shopping season drew a record number of visitors to their websites and stores. Shares of most major retailers soared in Monday trading, amid a broad market rally. The National Retail Federation estimates a record 226 million shoppers went to stores and websites during the four-day holiday weekend that started on Thanksgiving Day, up from 212 million last year. Each of them spent more this year too, shelling out $398.62 over the weekend, on average, compared with $365.34 a year ago. "Black Friday did not disappoint," Wedbush analyst
New York City -- E-commerce spending jumped 26% on Black Friday, according to comscore. Black Friday web sales totaled $816 million, up from $648 million last year, comScore reported. โWith brick-and-mortar retail also reporting strong gains on Black Friday, it's clear that the heavy promotional activity had a positive impact on both channels," said Gian Fulgoni, chairman, comScore. Fifty million Americans visited online retail sites on Black Friday, up 35% over last year, comScore said. Each of the top five retail sites reported double-digit gains in visitors, in percentage terms, led by top retail site Amazon. Walmart ranked second,
Frederik Meijer, who built the regional retail powerhouse Meijer while nurturing his lifelong love of the arts, died late Nov. 25 at a hospital in western Michigan. He was 91. The billionaire passed away at the Spectrum Health System in Grand Rapids after suffering a stroke in his home early that morning, according to a statement issued by the company.
Chinaโs internet retailing market may overtake the U.S. as the worldโs largest with transactions valued at more than $314 billion in 2015, according to Boston Consulting Group Inc. E-commerce sales in China almost quadrupled to 476 billion yuan in 2010 from 128 billion yuan in 2008 as 23 percent of its urban population shopped online last year.
Google is taking its Street View map service indoors, enabling users to see 360-degree images of the interior of various businesses including retail stores and restaurants. The internet giant rolled out pilot projects of the service in London and Paris last week, as well as in other cities across Japan, Australia, New Zealand and the United States.