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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.

Atlanta 160
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Why Toys Are Making A 2020 Comeback

PYMNTS

In fact, 2020 opened with retail reports decrying the great toy sales slump , citing the 4 percent fall-off in toy sales, the rather tepid holiday sales season reported between 2018 and 2019 and the fact that toy sales came up short during last year’s holiday season. Barbie gross sales rose 29 percent in Q3, to $532.2 under the age of 14.

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Jack In The Box Gives Up Qdoba For $305M

PYMNTS

The decision comes a few months after the San Diego-based chain announced it was considering a sale as one of the “strategic options” open for the Mexican fast food brand. Jack In the Box acquired Qdoba restaurants in 2003, when it was an 85-location chain with around $65 million in annual sales. Jack In The Box’s stock rose 2.7

San Diego 100
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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 ). When you look at the list of failures by foreign retailers in Japan, it is quite tough to imagine bringing in someone to manage a great turnaround story for Seiyu.

eBook 100
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New England Confectionery Co. Sells For $18.8M At Auction

PYMNTS

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.

Boston 100
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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. Fifty percent of retail spend happened there. 26, is Amazon.

Google 100