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Google Most Likely to Win Mobile Wallet War, Survey Finds
January 30, 2013

Google is poised to win the "mobile wallet war," according to a survey of attendees at the National Retail Federation's annual conference in New York. The survey was conducted by ACI Worldwide, an international provider of payment systems. Over half (52 percent) of respondents said they believe Google would come out on top when it comes to mobile payment systems. An additional 25 percent believe PayPal will come out on top, while nearly one in five respondents (19 percent) believes a new market entrant could gain traction in this emerging segment.

Amazon to Build Three Fulfillment Centers in Texas
January 30, 2013

When Amazon CFO Tom Szkutak told analysts yesterday to stay tuned for more information about its fulfillment network, he wasn't kidding. Amazon announced this morning it would open three new fulfillment centers in Texas. The fulfillment centers will...

83% of Consumers State a Need for Some Form of Support When Shopping Online
January 30, 2013

LivePerson, a provider of intelligent engagement solutions, announced the release of its Connecting with Customers Report, a comprehensive global study examining the trends in online attitudes and behaviors of consumers in six different countries. The report revealed that 83 percent of consumers state that they need some form of support during their online journey, and 59 percent of consumers would like more options in how they connect with brands.

Apple Granted Trademark Protection for Key Retail Store Features
January 30, 2013

Key aspects of the sleek, minimalist design of Appleโ€™s Retail Stores are now trademarked after the U.S. Patent & Trademark Office granted Appleโ€™s request to protect its highly successful retail layout Tuesday, according to Reuters. While Apple Stores...

Ikea raise $12M for UNICEF
January 29, 2013

CONSHOHOCKEN, Pa. โ€” The Ikea Foundation, with the help of its customers and employees, have donated $12 million to UNICEF and Save the Children for projects that will help create opportunities for children to have access to a quality education. Thanks...

Amazon.com Announces Fourth Quarter Sales up 22% to $21.27 Billion
January 29, 2013

Operating income up 56% year-over-year โ€“ above high end of guidance SEATTLE--(BUSINESS WIRE)--Jan. 29, 2013-- Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its fourth quarter ended December 31, 2012. Operating cash flow...

They're Back: J.C. Penney Adds Sales
January 29, 2013

The struggling department store chain this week will begin adding back some of the hundreds of sales it ditched last year in hopes of luring shoppers who were turned off when the discounts disappeared, CEO Ron Johnson told The Associated Press. Penney also plans to add price tags or signs for more than half of its merchandise to show consumers how much they're saving by shopping at the chain โ€” a strategy used by a few other retailers. For store-branded items such as Arizona, Penney will show comparison prices from competitors.