News

Retail tech veteran joins omnichannel firm
A former chief information officer at Walmart is joining retail technology firm Newgistics.

The company has hired Gene Wojciechowski as its chief information officer (CIO). Wojciechowski brings nearly 30 years of experience leading IT organizations at companies including Walmart.com, UPS Freight Services and Staples to his new role, where he’ll be tasked with providing executive leadership and strategic direction for all of Newgistics’ core technology operations.
MasterCard takes on world with MasterPass
Munich, Germany – There is more news in the fast-growing digital wallet sector.

MasterCard and payment gateway solution provider Pay.On are partnering to make the MasterPass digital wallet application available to more than 110 payment service providers (PSPs) via Pay.On’s white label global payment gateway. MasterPass is now available to more than 56,000 Web shops worldwide that route payments through Pay.On’s partners.

Study: Shoppers using reviews, social posts and video more than ever

Product reviews, social media posts and videos are having more of an impact on shoppers than ever before, according to a new survey from Bazaarvoice.

The Bazaarvoice Conversation Index Volume 9 examines how consumers' online and offline shopping behavior is influenced by consumer-generated content (CGC) such as ratings and reviews, questions and answers, photos, videos, and social posts.
Birchbox gets real — with virtual reality

New York - Online beauty and grooming subscription retailer Birchbox is the latest brand to dip into virtual reality.
NRF: Back-to-school spending to decrease

After spending more on school supplies and electronics in 2014, parents this year will head into the back-to-school season evaluating what their children really need before spending on new items.
Mission accomplished? Amazon touts Prime Day triumph

Amazon.com didn’t give much in the way of details about its sales on Wednesday, but the retailer said members shopped at record rates during its first ever Prime Day.
CROSSMARK to leverage Gigwalk technology

Leading sales and marketing services provider CROSSMARK has taken a digital turn with a new technology deal that involves one of the leaders in the crowd-sourced economy.
PayPal to join prestigious stock indices

San Jose, Calif. – PayPal Holdings Inc. is still not officially an independent company, but is getting some serious respect from the investment world.

Once PayPal splits from parent company eBay and starts trading on the Nasdaq Stock Market under “PYPL” (expected July 17), it will be listed on several prominent stock indices.
Retailers gain new tool in fight against crime

Checkpoint Systems Inc. has created a new tool for retailers looking to decrease shrink and increase conversion rates.
NRF: Back-to-school shoppers take studied approach

Washington, D.C. - Parents this year will be a little more cautious about their back-to-school spending.

According to NRF’s Back-to-School Spending Survey conducted by Prosper Insights & Analytics, the average family with children in grades K-12 plans to spend $630.36 on school needs.