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  • Shopzilla changes name to Connexity

    New York -- Shopzilla has changed its name to Connexity to highlight its recent transformation from comparison shopping to technology driven marketing solutions.

    According to the company, its new solutions enable retailers and brands to understand their consumers better, acquire new customers at a lower cost and increase sales based on retail signals that it provides.

  • Why Personalization is Key to the ‘New Consumer’

    By Graeme Grant, president & COO, CQuotient

    Technology and the proliferation of communications channels have significantly altered the way brands and retailers approach customer engagement. What was a “nice-to-have” strategy of coordinating messages across shopping channels only three years ago is now a “sink-or-swim” requirement for merchants. Consumers engage across every touch-point and demand that retailers have an omnichannel communication approach to complement their always-connected behaviors.

  • Survey: Consumers like in-store pickup of online purchases

    Lewisville, Texas – Consumers are increasingly interested in the BOPIS (buy online, pickup in store) option for making purchases. According to a new survey of 1,992 U.S. adults by custom incentive company Parago, 63% of shoppers BOPIS (buy online, pickup in store) at least a few times a year, but 82% percent would consider doing so to receive a $10 rebate on a $50 item.

  • ChannelAdvisor: August treats Amazon better than EBay

    Morrisville, N.C. - Overall, August 2014 was a mixed bag for various online retailers with Amazon, Google Shopping/CSE, Search and other third-party marketplaces continuing to grow and EBay feeling the impact of its new EBay Defect Rate (EDR), which has made it tougher to obtain top-ranked seller ratings and significantly reduced inventory for sellers of used/refurbished items. According to monthly analysis from e-commerce solutions provider ChannelAdvisor, major online retailers reported the following same-store sales results in August.

  • Alibaba files biggest IPO in U.S. history

    New York – Chinese e-commerce giant Alibaba Group Holding Ltd. has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) that media reports indicate could be worth as much as $24.3 billion, making it the biggest U.S. initial public offering ever.

    According to Bloomberg, Alibaba is seeking a valuation as high as $162.7 million, in the upper end of the proposed price range and higher than that of any other public Internet company in the U.S. except Google and Facebook.

  • Amazon acquires video game streaming site Twitch for $970 million

    New York -- Amazon.com announced Monday that it had agreed to acquire video game streaming site Twitch for $970 million in cash.

    The deal comes after reports that Google was set to acquire the streaming site.

  • The 11 Main Experience: Three Pros, Two Cons

    Chinese e-commerce giant Alibaba Group recently introduced its U.S. e-commerce site, 11Main.com. Like its parent company Alibaba, 11 Main operates by letting other retailers and businesses sell goods through its platform in exchange for a small portion of the proceeds. 11 Main offers shops in a variety of categories including fashion & style, home & outdoor, jewelry & watches, baby & kids, collecting & art, and crafts, hobbies & toys. Buying and/or selling goods on 11 Main requires an invitation.

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