aggregatedcontent

Some Retailers Quietly Lift Prices Amid Roar Of Promotions
December 14, 2010

NEW YORK (Dow Jones)--A handful of major U.S. retailers are bucking the holiday sales trend of major discounting, outfitting their merchandise with higher prices in some cases and in others taking the first shots at reversing two years of cut-throat

eBay Sets New Record in Attracting Mobile Shoppers
December 14, 2010

The level of shopping on eBay through mobile devices peaked on the second Sunday of December for the second year in a row, leading eBay to coin the term, "Mobile Sunday." In the U.S., mobile Gross Merchandise Volume (GMV) on eBay on December 12 reached $5 million, 127% higher than the same Sunday last year. Worldwide, mobile GMV reached $13 million, 165% higher than last year. There have been more than 30 million downloads of eBay's suite of mobile apps globally. Other factoids about Mobile Sunday include: Clothing and accessories topped the list of most-sold items among U.S. shoppers

November Retail Sales Beat Forecast
December 14, 2010

Sales at U.S. retailers rose more than expected in November as consumers splurged on clothing and other items at the start of the holiday season and receipts at gasoline stations surged, more evidence the economic recovery gathered steam in the fourth quarter.

Wal-Mart Shuts Down Office in Moscow
December 14, 2010

Wal-Mart is closing the Moscow office it opened just a few years ago, saying it no longer wants to build an operation in Russia from scratch, though it remains open to acquisition possibilities.

JCPenney Launches Full Catalog on Facebook
December 14, 2010

JCPenney has launched a fully integrated Facebook ecommerce application powered by Usablenet under the Shop tab on its Facebook. JCPenney customers can add to cart, checkout, edit and remove products from cart, specify shipping address, ship to store, and pay with credit card - all within the JCPenney Facebook. Facebook users can like and share items and purchases with their friends. Product display pages are integrated with reviews API, allowing users to comment on products. Usablenetpowers the application for JCPenney and works with leading brands to translate their existing website content and functionality to mobile Web, applications, kiosk, tablet,