eCommerce

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.  

West Chester, Penn. – QVC has named Mathias Bork to the position of CEO of QVC Germany, effective Jan. 1, 2015. Bork will be responsible for overseeing QVC's operations and growth in the Germany market.   Bork succeeds Steve Hofmann, CEO of QVC Europe, who has held the role of interim CEO of QVC Germany since the end of 2013. Bork will continue to report to Hofmann.   

Ottawa, Canada – The U.S. retail tradition of ‘Cyber Week’ is spreading north. New data based on parcel volumes compiled by Canadian mail service Canada Post show that e-commerce shipments as a result of Cyber Week this year have doubled since 2012.  

Wayne, N.J. – Toys ‘R Us Inc. shrunk its net loss to $213 million in the third quarter of fiscal 2014 from $605 million in the year ago, helped by expense controls and a less intense promotional enviroment.  The retailer, however, did not provide an outlook for its holiday performance.  

New York - Even in a digital age, young women still love shopping malls—especially during the holidays. According to a survey of female millennial shoppers from Teen Vogue, 65% of respondents will do the majority of their holiday shopping in stores, compared to 35% who will do most of it online. The top reasons why respondents said they would rather go to a mall than shop online during the holiday season was to see products (75%), hang out with their friends (44%), and bond with their mom (37%).  

Overstock.com is once again getting attention for the design of its mobile apps.

The company has received top honors in the Web Marketing Association's 2014 MobileWebAwards for “best iOS retail mobile application.” Overstock’s Android application received the same award last year.

E-commerce has changed the way consumers purchase products, but until very recently, the basic structure of the transaction and sale itself hadn’t evolved much: People browse for products they want, compare prices across sites, maybe submit a code for a discount coupon if they have one and make a purchase. But a recent development points to a big change on the horizon for ecommerce, and the symptom is the massive sales growth achieved by major retailers who have embraced the new model.

Washington, D.C. – The recent spate of investments in Indian e-commerce ventures appear to be based on solid expectations. According to a new report from MarketResearch.com, the e-commerce market in India will reach $51 billion by 2017, growing at a CAGR (compound annual growth rate) of 43% during 2012-2017.