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  • Restoration Hardware keeps building; launching new businesses

    Corte Madera, Calif. – Restoration Hardware Holdings Inc., which is set to launch two businesses in its third quarter, had generally rewarding second quarter of fiscal 2015.

    Net income rose 9% to $29.93 million from $27.25 million the same period a year earlier, with costs and expenses not growing at the same rate as sales.

  • Apple Pay has a new competitor

    Apple Pay has a new rival, and it’s a formidable one.  

  • Report: eBay to launch Amazon Prime-styled program

    New York -- eBay is about to launch a shipping club that seems somewhat fashioned after Amazon Prime — but it’s not starting out in the United States.

    The company will debut its shipping program in Germany, The Street reported. Called eBay Plus, it will reportedly cost 19.90 euros (about $22) a year and will allow buyers to receive certain orders within two days plus free returns.

  • Study: E-commerce looks strong in Q2

    Philadelphia – U.S. e-commerce showed signs of vitality in the second quarter of 2015.

    According to a new study from Monetate, conversion rates, average order value (AOV), and revenue per session all made quarter-over-quarter and year-over-year improvements.

    This demonstrates a trend toward recovery compared to first quarter 2015 when there were steady declines across these key metrics.

  • Survey: Mobile is dominating increase in e-commerce traffic

    More and more consumers are browsing, creating baskets and making purchases from their smartphones, according to the latest Demandware Shopping Index.

    Globally, phones accounted for 94% of the year over year increase in e-commerce traffic, 74% of the increase in basket creation and 47% of the order growth.

  • Report: Kohl’s takes visionary e-commerce approach

    Menomonee Falls, Wis. – Kohl’s took what could be called a visionary approach to promoting and selling goods from its new Lauren Conrad designer collection online.

    According to Advertising Age, Kohl’s livestreamed the debut of Conrad’s latest collection at New York Fashion Week on the Periscope social media site.

  • Study: Online shopping crosses channels

    Teaneck, N.J. – Online shopping is here to stay and increasingly occurring across a variety of channels.

    According to the sixth annual Shopping Experience Study of more than 5,000 consumers by Cognizant, 64% of respondents said they buy online at least once a month, and 13% make weekly purchases.

  • Apple Pay has a new big name competitor

    Mountain View, Calif. – Apple Pay has a new rival, and it’s a formidable one.  
       
    In its second take on mobile payments, Google is officially releasing its Android Pay digital payment solution to users of Android devices in the U.S.
         

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