retail

Amazon Sees No Reason to Slow Its Spending

Tricia Duryee in Commerce on February 1 at 3:40 am PT

Amazon defended its free-spending habits yesterday in a call with analysts, arguing that it continues to see new opportunities and will invest accordingly.

Apple Hires Dixons Chief to Run Retail Stores

Jessica E. Vascellaro, Reporter, The Wall Street Journal in News on January 31 at 4:00 am PT

Apple Inc. tapped the chief of one of Europe’s largest electronics retailers as its new head of retail, filling its most high-profile vacancy with a rare company outsider.

eBay’s John Donahoe Literally Starts Hammering Out the Plan for Mobile Payments

Tricia Duryee in Commerce on January 19 at 6:00 am PT

In an interview, eBay’s CEO provides a few details about the company’s mobile payments trial with Home Depot, and how it would expand from five to 51 stores across the country over the next week.

eBay Reports Better Than Expected Revenues for Holiday Quarter

Tricia Duryee in Commerce on January 18 at 1:55 pm PT

EBay, the e-commerce and digital payments giant, exceeded analyst expectations in the fourth-quarter with revenues totaling $3.4 billion, or 35 percent higher than the year ago period.

Three of eBay's four major business divisions

Fab.com Acquires FashionStake After Seven Months of Rapid Growth

Tricia Duryee in Commerce on January 13 at 6:00 am PT

Fab.com, a New York-based flash sales site known for selling home decor, apparel and other items from independent designers, has acquired FashionStake.

eBay Predicts Mobile Commerce Will Grow 60 Percent in 2012

Tricia Duryee in Commerce on January 12 at 11:24 am PT

EBay’s John Donahoe has drawn his mobile prediction line in the sand for 2012, and it is pretty jaw-dropping.

10 of the Days Before Christmas Hit $1 Billion in Online Spending

Tricia Duryee in Commerce on January 5 at 9:33 am PT

For the second straight year, Cyber Monday was the biggest online shopping day of the year, hitting $1.25 billion in the U.S.

CEO John Donahoe Talks About What’s Next for eBay’s PayPal, After Scott Thompson’s Surprise Exit to Yahoo

Tricia Duryee in Commerce on January 4 at 10:08 pm PT

Now that Yahoo has nabbed PayPal President Scott Thompson from its crosstown Internet peer, there will be some shuffling to do in order to fill the gap he leaves behind at eBay.

The Best Retail Ads of the Holiday Season Get the Ugly Sweater Treatment

Tricia Duryee in Commerce on January 2 at 6:00 am PT

Here are some of the best retail spots of the holiday season, the ones that motivated throngs of people to shop and spend record amounts online.

News Byte

Amazon Picks Up Social Expertise Through Talent Acquisition

Tricia Duryee in Commerce on December 27, 2011 at 5:07 pm PT

Amazon has not been on the forefront of social shopping experiences, but that could change. Geekwire reports that the e-commerce giant has hired several team members from Quorus, a small Seattle start-up focused on building social shopping and marketing technologies for retailers and brands. Quorus co-founders Logan Bowers, who was previously at Zillow and Expedia, and Michael Dougherty, formerly co-founder of Redfin, have been hired along with other employees. An Amazon spokesperson has not replied to an email seeking comment.