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Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business

PYMNTS

Connecticut Attorney General William Tong is launching an antitrust probe into how Amazon runs its eBook business, the Wall Street Journal (WSJ) reported on Thursday (Jan. This is Connecticut’s second look into Amazon’s eBook unit. Amazon had a 76 percent market share of all eBooks sold in the U.S.

eBook 174
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50 Percent Of Consumers Want Digital Coupons, Free Shipping From Omnireadi Retailers

PYMNTS

Even traditionally offline retailers such as Walmart have to expand their omnichannel offerings to reach consumers. Here are five omnichannel features retailers should keep in mind when reaching consumers online. She’d save them all to an album on her phone and then try to track them down via Google, Pinterest, etc.

Retail 105
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The Race To The Effortless Experience

PYMNTS

“Given the seismic shift to digital, the COVID-19 pandemic is forcing retail to achieve innovation in three to six months that would otherwise have taken three to five years. Time to market is key, and that’s where sticky.io PayPal made four acquisitions in FinTech, predictive marketing and fraud prevention companies.

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Is Amazon On The Way To Becoming Subscription Commerce’s New Hub?

PYMNTS

Being early is a huge advantage on Amazon, as it was on Facebook in 2012,” Meeker told Modern Retail. The Amazon experience itself is designed around a series of sub-memberships and subscriptions undergirding that Prime offering – like Unlimited for eBooks, or Subscribe and Save for lower-margin replenishment household staples.

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The Race For Controlling Connected Car Commerce Speeds Up

PYMNTS

Visa , meanwhile, will be establishing virtual payment relationships through its network of retailers and providing secure authentication capabilities. Said points can then be applied toward discounts or freebies from retailers. It’s something retailers don’t get to see — that ‘last mile’ to their retail destination.

Retail 145
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GDPR Laggards Can Still Get Ahead Of The Game

PYMNTS

Along with that will come evidence of innovation tied to the changes brought about by the privacy regime — for instance, revisions to marketing budgets or new programs. and how large, robustly financed companies like Google and Facebook are benefiting the most from this new regulatory landscape.

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Foot In Mouth: 43 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

Perhaps the most glaring example of the tendency to dismiss innovative new players was when Apple’s iPhone hit the market in 2007. Here’s IBM’s chairman minimizing how Amazon might transform retail and internet sales all the way back in 1999. The iPhone and iPod. It was the first example of a smart mobile phone.

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