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ECOMMERCE

  • Is Amazon Go readying for prime time?

    A recent job listing by Amazon has raised speculation that the online giant plans to roll out its checkout-free convenience store concept, Amazon Go.    The online giant recently posted a job listing seeking a senior real estate manager for Amazon Go. The role will be based in Seattle and will include travel.   
  • Panera on pace to hit $1 billion in digital sales this year

    The chain, which is known for its signature soups, sandwiches and salads, is slated to report digital sales well above $1 billion on an annualized basis. The chain is on track to be twice as high in two years, according to CNBC.  
  • jet.com’s strategic move takes aim at Costco

    Walmart’s e-commerce arm is shaking up its private label offerings.   Jet.com will increasingly phase out its assortment of Kirkland Signature branded merchandise — Costco’s private label brand. The move is said to help augment efforts among Walmart’s Sam’s Club chain, which is focused on boosting sales among its own store brand, Member’s Mark, according to Bloomberg.
  • Amazon in new rewards program for Prime

    Amazon is giving shoppers another reason to sign up for Prime—and a reason not to use credit cards.   The online giant is launching a new program, called Amazon Prime Reload, that allows Prime members to earn 2% bonus every time they reload their Amazon gift card balance with cash from their checking account and debit card. The bonus is given in the form of rewards that can be used to make purchases on Amazon.   
  • Online retailers fight state sales tax directive

    Out-of-state Web-based retailers are taking a stand against paying sales tax in the state of Massachusetts.   According to a directive from the Department of Revenue, any online retailer vendor headquartered outside of the state is required to register, collect and remit sales tax. In Massachusetts, this is 6.25%. The directive applies to companies that sold more than $500,000 annually in the state and made sales for in-state delivery in 100 or more transactions.  
  • Best Buy to rent electronics

    An electronics giant might is eyeing a program that could give it a leg up on online rival Amazon.  
  • Online jeweler snags former Target exec as CEO

    Blue Nile has a new chief executive.   Jason Goldberger was named the online retailer’s new president and CEO. He will replace Harvey Kanter, who will remain on the company’s board as chairman.  
  • Target and Cartwheel apps to merge

    Target upping its mobile game.    In a move that will eliminate customer confusion over the retailer's two separate apps, the discounter will move its Cartwheel savings app into the main Target app. The integration will happen this summer.  
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