eCommerce

San Jose, Calif. – EBay has had success with the password reset it launched in May 2014, following the public revelation of a February 2014 security breach that may have exposed user information. According to Bloomberg, more than half of EBay’s existing 149 million customers have returned since the rest, and the company has also experienced 10-15% growth in new customers since that time.

New York -- RadioShack has been notified by the New York Stock Exchange that it failed to satisfy listing standards and could be delisted after its average stock price stayed below $1 for 30 days, according to a document the company filed Friday with the Securities and Exchange Commission, the Dallas Business Journal reported.

RadioShack shares will continue to trade as usual on the NYSE. Under the exchange rules the troubled retailer has six months from the date of notification to regain compliance, or get its shares back above $1.

Secaucus, N.J. - The Children's Place Inc. has announced that Lou Lipschitz, a member of its board of directors and chair of the Audit Committee, has passed away. Lipschitz served on the board of directors since 2008, and was the chair of the Audit Committee and a member of the Nominating and Corporate Governance committees.

Prior to joining the Children’s Place board, Lipschitz served as the executive VP and CFO of Toys “R” Us Inc. from 1996 until his retirement in 2004.

Seattle – Amazon.com is reportedly readying a mobile credit card reader for release in August. According to 9to5Mac, the reader would compete directly with similar devices offered by Square and PayPal, and likely connect directly to Amazon’s recently released digital wallet app.

New York – Business-to-consumer e-commerce sales are expected to reach $14.7 trillion globally in 2014, up about 20% from $1.23 trillion in 2013. According to a new study from EMarketer, this figure will gradually increase to almost $2.36 trillion in 2018.

Chesapeake, Va. - In a merger that will shake up the dollar store retail vertical, Dollar Tree is acquiring Family Dollar for $8.5 billion in cash and stock. The resulting company will operate more than 13,000 locations in the U.S. and Canada, with an annual sales volume of $18 billion.

More than 200 unique print on-demand products are now available at Amazon as the company looks to give customers yet another reason to visit its website.

Amazon launched the 3D Printed Products store at www.amazon.com/3dp which gives customers access to 200 products that can be customized by material, size, style and color variations, and personalized with text and image imprints.

Los Angeles – Global real estate investment and services firm Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester. This collection of new leases, which carry an aggregate value of more than $3 million, points to an uptick in the Los Angeles retail market.