Omnichannel

Following fourth quarter results that missed Wall Street expectations, Ascena Retail is looking ahead to fiscal 2015, which CEO David Jaffe said will see the continuation of a critical, multi-year investment to build the company’s omnichannel platform.

The company reported net earnings of $15.7 million, compared with $29.8 million in the year-ago period.

By Francesca Nicasio, Retail Expert, Vend

Implementing rewards programs is a common best practice in retail for a host of reasons. These programs can increase sales, encourage repeat purchases, and can provide a wealth of data and insights into the shopping behaviors of customers.

San Jose, Calif. – Neighbrhds, a product of mobile marketing provider Urban Living Marketing, has recently released more than 50 apps, each focused on providing the user with local information tailored specifically to their neighborhood. Each app, named after its corresponding neighborhood, aims to provide residents and visitors with instant access to community events, local businesses and more.

PayItSimple, a new service that lets consumers charge any purchase on their existing credit cards and pay it back in monthly, interest free installments, has launched in the United States.

PayItSimple supports an omnichannel shopping experience and is available for e-commerce, brick-and-mortar, mobile and all other payment platforms.

YCD Multimedia, a provider of professional digital signage software solutions, has promoted Sam Losar, currently its president of US operations, to CEO.
 
Assuming CEO responsibility from company co-founder Noam Levavi, Losar will be trusted with continuing to expand the growth he achieved in the Americas to its business operations in Europe and Asia.

Noam Levavi co-founded the company in 1999 in Israel and led it for more than a decade.

New York - PayItSimple, a new service that lets consumers charge any purchase on their existing credit cards and pay it back in monthly, interest-free installments, has launched in the U.S. PayItSimple supports an omnichannel shopping experience and is available for e-commerce, brick-and-mortar, mobile and all other payment platforms.

While it might still be September, Toys “R” Us isn’t wasting any time announcing what they clearly consider to be some newsworthy changes set to take effect this holiday season.

PayPal is further expanding its relationship with payment service provider BitPay, which specializes in e-commerce, B2B and enterprise solutions for the bitcoin digital currency. The first joint project is an integration with PayPal’s Payments Hub, which is PayPal’s alternative payment platform for digital goods.