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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. While “reselling” or “secondary market” are more likely to keep ownership of this burgeoning market, the reselling market is reinventing itself for 2020.

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eBay Seeks Buyer For Korean Division

PYMNTS

Gmarket was acquired by eBay in 2009 for around $1.2 At the time of the merger, the companies made up 87 percent of the country’s consumer-to-consumer market as well as over 30 percent of the online shopping mall market. Also, private equity fund MBK could potentially be interested.

Regional 140
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As Amazon Re-Enters High Fashion, New eChallenges Abound

PYMNTS

It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers. This isn’t Amazon’s first attempt at breaking into the luxury fashion market – the retail giant originally tried in 2012, but was not successful. Part of the problem is the eCommerce brand’s image.

Branding 137
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Branches more important than apps?

Chris Skinner

For example, it shows that the UK retail banking market place has become a dull playground thanks to mergers and acquisitions over the past half century: As a result, the six large banking groups held an 89% market share of the current account market. Anyways, there is some key metric data in the report.

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Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program

PYMNTS

Startups in the eCommerce space have long enabled their customers to experience their products in real life (“IRL”) through temporary retail shops, and now, digitally-focused brands belonging to major retailers are taking a similar approach. The four-room house, which is a mere 238 square feet, was built for the brand by Modern Tiny Living.

Charlotte 135
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Are branches going the way of the dinosaur?

Cisco

In 2009 when the closing of branches trend began the U.S. banks shuttered 2,927 branches, according to S&P Global Market Intelligence data. Branches are a valuable component of your brand, a physical and visible symbol of safety and security of your money. Optimize branch operations. had nearly 100,000 branches.

America 109
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Cardtronics Becomes Exclusive ATM Provider For United Pacific

PYMNTS

The newly formed relationship calls for Cardtronics to own and operate ATMs at more than 300 gas station and convenience store locations — operating under the We Got It! Food Mart, My Goods Market and Circle K brand names — in California, Colorado, Oregon and Washington State. Cardtronics announced Monday (Dec.

ATM 100