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PayPal is raising fees by up to 32 percent with the elimination of volume discounts. Sellers on eBay are particularly hit hard as the marketplace limits which payment methods they can offer for eBay transactions โ and eBay just revealed yesterday it will no longer accept ProPay or Skrill, leaving many sellers in a tightโฆ
The calendar may still say summer, but retail giant Wal-Mart is encouraging consumers to get in the Christmas spirit now. With Labor Day more than a week away, the world's largest retailer is scheduled to launch its holiday season layaway plan four months before Dec. 25. Starting today, two weeks earlier than it did last season, Wal-Martโฆ
The largest chain of specialty Halloween stores in the country is facing public outcry after announcing it would be carrying a Caitlyn Jenner costume for this yearโs holiday. Advocates for transgender rights and everyday shoppers alike are calling on seasonal retailer Spirit Halloween to rethink its decision to sell a costume in Jennerโs likeness.
The old adage about looking a gift horse in the mouth may have a corollary regarding gift cards issued by retailers: use it or lose it. In the latest case of gift card holders caught up in the bankruptcy of a major retailer, attorneys on Wednesday outlined a plan under which some holders of RadioShack giftโฆ
Chico's, in the midst of cost-cutting plans, reported better-than-expected revenue and adjusted earnings for its latest quarter Wednesday, though bottom-line profit took a sharp fall. The women's retailer also said it would sell its Boston Proper direct-to-consumer business and close its existing 20 stores. Earlier this year, Chico's said it was shoring up its finances by loweringโฆ
Wal-Mart said on Wednesday that it would no longer sell high-powered rifles in its stores in the United States. The decision followed years of public pressure on the retailer to stop selling some of the most lethal weapons associated with many of the nationโs mass shootings. The move predated the fatal shootings of two TV journalistsโฆ
Facing increasing pressure to curb erratic scheduling practices, Gap announced that it would stop requiring employees to make themselves available for last-minute shifts. The move makes Gap the latest retailer to move away from โon-call scheduling,โ which regulators, workersโ rights groups and some academics say is detrimental to employees and their families.
Amazon.com has laid off "dozens" of engineers who worked on its failed Fire phone as part of a broader curtailment of its hardware development center, Lab126, according to a report in The Wall Street Journal. The company is also said to be stopping or slowing projects, including a 14-inch tablet codenamed Project Cairo, a projectorโฆ
The Apple Watch appears to be a hit at Best Buy. To capitalize on that demand, the electronics retailer plans to carry the smartwatch in all its stores by the end of next month. Best Buy will sell the Apple Watch in 900 stores starting September 4, CEO Hubert Joly said during the company's earnings callโฆ
Finally, a really good reason to use Amazon.com's one-hour delivery service. The e-commerce company has started to offer one- and two-hour delivery of beer, wine and liquor with the launch of its Prime Now service in the Seattle area, the company announced yesterday. Seattle is the first U.S. city to have booze delivery made available throughโฆ