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eCommerce

  • It's official: GameStop acquires geeky retailer

    Months after trumping Hot Topic with a better offer, GameStop has officially acquired Geeknet for $140 million.

  • Ex-Staples exec named CEO of eBags

    The former head merchant for Staples has been named president and CEO of eBags Inc.

    The eBags board of directors appointed Mike Edwards as president, CEO and member of the board of directors effective immediately. He also joins the company as a new investor.

    Edwards most recently held the position of executive vice president of global merchandising for Staples Inc. 

  • ShopRunner expands brands

    San Mateo, Calif. — Online membership shopping service ShopRunner is adding some well-known fashion brands to its mix.

    ShopRunner has signed new partnership agreements with Alexis Bittar, Alice + Olivia, Bebe, Joie, Kooba and Lucky Brand.

  • Will Amazon buy start-up rival even before it takes off?

    Seattle – Amazon.com may be preparing a pre-emptive strike against a rival e-commerce platform before it even officially takes off.

    According to CNBC, Piper Jaffray Internet analyst Gene Munster says Amazon s considering a purchase of Jet.com, a subscription-based e-commerce site that is currently in beta and set to officially launch next week.

    Munster said that Jet.com does a good job in gamifying the online shopping process and in selling fast-moving consumer goods, two things Amazon has not historically done well.

  • RetailMeNot forms mobile marketing alliance

    Digital promotions platform RetailMeNot has found a new partner to provide retailers with enhanced marketing analytics. 

  • Online retailer taps former Borders CEO, Staples exec as chief executive

    New York — The former head merchant for Staples and former CEO of Borders has been named president and CEO of eBags Inc.

    The eBags board of directors appointed Mike Edwards as president, CEO and member of the board of directors effective immediately. He also joins the company as a new investor.

    Edwards most recently held the position of executive VP of global merchandising for Staples Inc. 

  • Macy’s feels the heat—from activist investor and Donald Trump

    New York — Macy’s is feeling the heat — from an activist investor and Donald Trump.

    Activist investor Starboard Value wants the department store giant to follow the example set by such other retailers and Sears Holdings and Hudsons Bay Company and capitalize on its real estate holdings by spinning them off into a new investment vehicle. 

    Starboard claims the move would double Macy’s stock value, Fortune reported. For more click here.

  • Are Macy’s Trump troubles just beginning?

    Donald Trump contends he doesn’t forget and that could be a bad thing for Macy’s now that polls show the businessman turned politician leading a crowded field of Republican presidential hopefuls and using campaign stops to belittle the department store chain.

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