News

Morrisville, N.C. - Overall, August 2014 was a mixed bag for various online retailers with Amazon, Google Shopping/CSE, Search and other third-party marketplaces continuing to grow and EBay feeling the impact of its new EBay Defect Rate (EDR), which has made it tougher to obtain top-ranked seller ratings and significantly reduced inventory for sellers of used/refurbished items. According to monthly analysis from e-commerce solutions provider ChannelAdvisor, major online retailers reported the following same-store sales results in August.

Target is integrating with the new Apple Pay mobile payments service so shoppers can pay using the Target app from iOS.

Maurices, a subsidiary of the Ascena Retail Group, announced that Ali Wing has been named chief marketing officer, executive VP of digital commerce. Wing joins Maurices after 10 years as CEO and founder of giggle, a multichannel retailer, wholesaler and licenser of baby products.

King of Prussia, Pa. -- Destination XL Group Inc. has successfully implemented eBay Enterprise ship-from store solution in more than 100 stores. An eBay Enterprise Dropship Manager client since 2012, the combined solutions give DXLG more than 200 fulfillment locations to expand product availability to its customers.

The cloud-based eBay Enterprise ship-from store module has been deployed across the Destination XL (DXL) and Rochester Clothing stores to provide more options and choices to DXLG’s diverse customer base.

General Mills is in the process of acquiring leading natural and organic food company Annie’s for $46 per share in cash, for a total transaction value of approximately $820 million.  

The transaction consideration represents a 51% premium over Annie’s 30-day average closing price of $30.47 as of Sept. 5. Annie’s will continue to be headquartered in Berkeley, California.

Chesapeake, Va. -- Dollar Tree Inc. and Family Dollar Stores Inc. announced, as expected, they have received a second request for information from the U.S. Federal Trade Commission in connection with Dollar Tree's pending $8.5 billion deal to acquire Family Dollar.

Rakuten has confirmed that it is in the process of acquiring Ebates, a provider of the largest cash-back shopping website in North America, for a total consideration of $1 billion in cash and will hold 100% of Ebates’ outstanding voting stock.

New York – Proximity marketing solutions provider Thinaire is introducing its new ActiveShopper digital-coupon-solution that lets brands and retailers deliver incentives to shoppers in the store. Thinaire has integrated loyalty rewards and coupon delivery into its cloud-based mobile engagement platform.