Direct To Consumer (DTC)

Amazon.com is rolling out a new haggling feature on its website as the company looks to further cement its low-price reputation among consumers.

The new “Make an Offer” feature allows sellers to accept or reject bids on more than 150,000 items across the categories of Sports and Entertainment Collectibles, Collectible Coins and Fine Art.

Seattle – Manhattan residents have the opportunity to receive Amazon deliveries faster than even before.

Consumers are doing even more holiday shopping from their desktop computers this year, according to a new report from comScore.

The Internet analytics company reports that U.S. consumer spending from desktop computers for the first 44 days of the November-December 2014 holiday shopping season is up 15% from last year, to $42.5 billion.

Piccing, a “social-shopping” platform, has raised $3.62 million from undisclosed investors, the company announced.

The company’s web and iOS app lets users upload or bookmark images — the latter, Pinterest-style — wherein they can add up to five hotspots tied to items found in each image, thereby helping to make those images “shoppable.”

Users browsing or searching via the platform can click on any image’s hotspots — dubbed “piccs” — to buy the product or see similar items.

North Shore, Long Island, New York - Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, of Douglas Elliman's Retail Group are the exclusive leasing and marketing team for the newly named Krypell Plaza at 15 Northern Boulevard, a two-building retail center being completed at the corner of Glen Cove Road.  The center will be anchored by international jewelry designer Charles Krypell in a multi-level location.  

New York - In a long-awaited decision handed down late Monday, Dov Charney, the controversial founder of American Apparel, has been fired "for cause" as CEO. He was suspended as president and CEO of the hipster apparel chain in June for alleged misconduct and violations of company policy, American Apparel said in a statement. The decision was made by the board’s “suitability committee,” which was formed in the wake of Charney’s suspension to oversee an internal investigation.

Brisbane, Calif. – Bebe Stores Inc. has named Jim Wiggett, who has been serving as interim CEO since June 2014, as permanent CEO and member of the board of directors. Wiggett is a 40-year retail and business veteran.  

Phoenix – PetSmart Inc. has agreed to be purchased for about $8.7 billion by a consortium of buyers led by private equity firm B.C. Partners and also including pension fund manager La Caisse de dépôt et placement du Québec and private equity firm StepStone. The total figure represents an acquisition price of $83 per share, a 39% premium over PetSmart’s closing price on July 2, 2014.