Retail

International
Alibaba Kills It On Singles Day
November 11, 2014

Alibaba said its sales for China’s Singles Day on Tuesday (Nov. 11) surpassed $2 billion in the first hour — including more than $1 million in Alipay transactions in the first 18 minutes — and 45.7 percent of first-hour sales were via mobile. Get the...

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Amazon’s New Shopping Tactic
November 10, 2014

Amazon announced its latest effort to break into the gadget market with Echo, an interactive speaker that lets people use the power of the Web with just their voice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Shoprunner Alipay Partnership Brings eCommerce to Chinese Consumers
November 07, 2014

ShopRunner announced Thursday (Nov. 6) that it has expanded its E-commerce presence through a new partnership that will connect more U.S. retailers with online shoppers in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Costco Considers Nixing U.S. Amex Partnership
November 07, 2014

More than a month after Costco Canada announced it was cutting its ties with American Express, the company is also considering dropping its U.S. card partnership, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Dairy Queen Launches Digital Wallet
November 07, 2014

Dairy Queen is brining its loyal customer base the chance to tap into the company’s new mobile app and digital wallet, Nation’s Restaurant News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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B of A’s New Bundled Cash-Handling Solutions
November 07, 2014

Cash may no longer be king for merchants, but it's still cash -- easy to steal and impossible to track, and unlike plastic and mobile payments, it has to be physically deposited before it's available in a merchant's bank account. On Tuesday (Nov. 4), Bank...

Apple Pay
Whole Foods Sees More Than 150K Apple Pay Transactions
November 07, 2014

Since going live with Apple Pay last month, the $14.2 billion 401-store Whole Foods grocery chain has used the mobile wallet to process more than 150,000 transactions, according to CIO Jason Buechel. Get the Full Story Complete the form to unlock this article and enjoy...

Online and Mobile Still Not That Popular For Holiday Shopping
November 06, 2014

As merchants push to be the top online retailer leading into the holiday shopping rush, November’s Chain Store Guide Consumer Spending Report shows a majority of consumers won’t be shopping online or using their mobile device to make purchases this holiday season. Get the Full Story Complete the...

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Amex’s Terminal Subsidy Initiative
November 06, 2014

American Express is about to launch a $10 million campaign aimed at helping small U.S. retailers meet the October 2015 deadline for installing EMV chip-and-PIN point-of-sale terminals, Business Solutions reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...