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Etsy Acquires Mixel for Mobile Team
January 24, 2013

Craft marketplace Etsy has acquired mobile photo app maker Mixel as part of its efforts to beef up native mobile app development. Mixel launched in November 2011 as a hyped collage creation app for the iPad, and later pivoted to be more of a simple photo manipulation tool for the iPhone. The four-person Mixel team, which had talked to a number of potential buyers after its pivot, gets to stay in New York, making the easy move to Etsy's Brooklyn office from the Union Square area.

Food retail expert assumes interim CEO role at 99 Cents Only
January 24, 2013

CITY OF COMMERCE, Calif. โ€” Former Food Lion CEO, and current board member for 99 Cents Only Stores, Richard Anicetti, is assuming the role of interim CEO for the discount retailer. In addition, Michael Fung will join the company as interim chief...

Penneyโ€™s Pinching Vendors on Pricing
January 24, 2013

Fake prices are coming back at J.C. Penney, and this time they'll be more fake than ever. In a fresh bid to highlight Penney's prices as low, CEO Ron Johnson is pushing some manufacturers to concoct phony suggested retail markups for their clothing, sources told The Post. The plan, insiders say, includes erecting signs and fixtures that will display the sometimes made-up retail prices, while tagging the clothes and accessories themselves with Penney's own lower prices.

eBay Runs Invitation Only Valentines Promotion
January 24, 2013

eBay is running yet another invitation-only promotion, this one running January 21 - 25, 2013. The promotion is good for fixed-price listings only and include the 30-day listing duration. The promotion advises sellers to "Sell now for Valentine's Day...

Target's Price Matching: Revolutionary or Redundant?
January 24, 2013

Every argument has two sides, right? Well, the latest twist to the retail industry's price-matching saga is no different, and camps are forming up on both sides of the pro and con divide. The latest chapter in the saga is Target and its recent announcement that its price-matching policy would move from a holiday season bonus to a year-long price-match extravaganza. Some say it's the start of a retail revolution; others call it a mistake that will do little to make even a ripple in the retail waters.

eBay Targets Russia and Will Launch Deals on Global Buying Hub
January 24, 2013

eBay launched a new experience for its Global Buying Hub in August as it targets cross-border trade as a key growth area. Sylvie de Wever, Senior Director of Global Expansion, said eBay is bringing on more inventory from the UK, Canada and the U.S. and...

Loweโ€™s makes management shifts
January 24, 2013

Mooresville, N.C. -- Loweโ€™s Cos. Inc. said Thursday it has named Michael Jones chief merchandising officer, effective immediately. Jones was previously president of the North American and Latin American divisions of Husqvarna, an outdoor equipment...

Amazon.com Inc Announces Acquisition Of IVONA Software
January 24, 2013

Amazon.com Inc announced that it has acquired text-to-speech technology company IVONA Software. IVONA delivers world-class technologies that power the Text-to-Speech, Voice Guide and Explore by Touch features on Kindle Fire tablets. Additionally, IVONA...