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Yotpo Joins UPS eCommerce Tech Program For SMBs

PYMNTS

The CTP program provides Yotpo and other eCommerce offerings at a discount, allowing SMBs to better compete with larger, well-funded eCommerce brands and companies. In May, Yotpo data revealed more than 65 percent of online shoppers are browsing or buying from their mobile devices.

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Why Toys Are Making A 2020 Comeback

PYMNTS

Much of that was attributed to the closure of Toy R Us, the nation’s largest toy brand which declared bankruptcy in 2017. Lego sales jumped 14 percent in the first half of 2020 compared to the same period last year, while the company’s operating profit increased 11 percent to $622 million. under the age of 14.

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New England Confectionery Co. Sells For $18.8M At Auction

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We started as a family-owned candy company back in 1847, [and] we’re thrilled to work with a fourth-generation candy company that brings new stewardship to our brands,” Necco Chief Executive Michael McGee told the Globe. “I Necco had moved its operations to a large 50-acre site after leaving its longtime plant just outside Boston in 2003.

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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. The specific issue that I’m referring to is merchant surcharging – a fancy term to describe the fee charged by merchants when consumers use network-branded card products to pay for their purchases.

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The Coming Clash Of The Commerce Titans

PYMNTS

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. The virtuous circle of commerce online began.

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Walmart May Be Looking To Sell Off Its Japanese Business

PYMNTS

Walmart has been operating in Japan for the last 16 years — a time described as “tumultuous” by the Financial Times ( FT ). Walmart is far from the first brand to fail to ignite in a Japanese retail segment, which is highly fragmented and generally unprofitable — and, i n some segments, actively shrinking.

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Should Facebook Buy eBay?

PYMNTS

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. E-Bay acquired online ticket exchange, StubHub, in 2007. Speaking of online retailers, eBay went all out to court them.

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