eCommerce

Milwaukee – A lot of pure-play e-commerce retailers have interesting origin stories. According to (dubious) legend, eBay started as a way to buy and sell collectible Pez candy dispensers. Aftcra, an online marketplace for American handmade products, has a verifiable tale of its roots fitting its all-American product selection.

True Value Company has selected a specialty retail veteran as its next chief financial officer.

ChannelAdvisor Corp. has promoted its current chief operating officer to CEO.

The provider of cloud-based e-commerce solutions announced that its board of directors has appointed David Spitz as CEO and a director. Spitz, who currently serves as president and COO, succeeds Scot Wingo, who has been appointed executive chairman.

New York – American Express is launching a new loyalty program called Plenti. The program lets consumers use loyalty points accrued at one participating retailer and use them at another.

Initial participating organizations include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise Rent-A-Car and Hulu. The program is expected to include more brands in additional categories over time.

The At Home chain of home décor superstores continues to acquire senior leadership talent with public company experience which suggest a public stock offering could be in the company’s future.

The most recent addition involves the appointment of former PetSmart CEO and Chairman Phil Francis. who has selected as an independent member of the At Home board of directors.

REI is looking to strengthen its omnichannel capabilities with a new distribution center in Arizona.

The outdoor retailer that it will open a third distribution center, located in Goodyear, Ariz., in 2016 to better support its website, stores and customers through faster product replenishment and delivery.

Frank & Oak, the online membership-based menswear retailer,  is also  expanding in the physical space, with both permanent locations and pop-ups. The company's Toronto flagship  features the brand’s monthly menswear collections and special capsule collections. The spacious, contemporary space reflects the brand’s lifestyle approach to retailing with a café and full-service barbershop.

Hoboken, N.J. – Amazon.com may be hoping to fly high with drone-based deliveries, but a rival e-commerce platform is also planning to take off soon. Jet.com, a subscription-based e-commerce site that hopes to compete with the Amazon Prime membership service using “profit-free” pricing, promises to launch soon.