Content about Electronic commerce

July 6, 2011

The National Retail Federation said last week that it was disappointed in the final debit card swipe-fee regulations set by the Federal Reserve.

WASHINGTON — The National Retail Federation said last week that it was disappointed in the final debit card swipe-fee regulations set by the Federal Reserve.

Under the new rule, the current debit card swipe-fee rate of 1% to 2% of each transaction will be replaced with a flat fee of not more than 21 cents per transaction for the nation’s largest banks — substantially higher than the flat fee of up to 12 cents the Federal Reserve originally proposed in December 2010.

July 5, 2011

The race is on to capture tomorrow’s click-and-pick shopper — that multichannel consumer who, with a click, wields her phone as an omniscient shopping tool and then either picks her product off the shelf or picks where that product will be waiting for her, be it at a nearby store or in her mailbox. 



NEW YORK — The race is on to capture tomorrow’s click-and-pick shopper — that multichannel consumer who, with a click, wields her phone as an omniscient shopping tool and then either picks her product off the shelf or picks where that product will be waiting for her, be it at a nearby store or in her mailbox. 


June 30, 2011

Concerns over the health of the economy are far from over, as evidenced by a SymphonyIRI Group survey released Wednesday that found consumers are taking even more steps to save money due to their ongoing financial concerns, including turning to the Internet in search of the best deals.

CHICAGO — Concerns over the health of the economy are far from over, as evidenced by a SymphonyIRI Group survey released Wednesday that found consumers are taking even more steps to save money due to their ongoing financial concerns, including turning to the Internet in search of the best deals.

List making and coupon clipping still are top of mind for consumers as they struggle with high gas prices and question their job stability. Additionally, the survey uncovered that consumers are turning to the Internet to find the best deals, SymphonyIRI said.

June 28, 2011

Looming gas prices are taking a toll on consumers' shopping habits, according to a special report by SymphonyIRI Group.

CHICAGO — Looming gas prices are taking a toll on consumers' shopping habits, according to a special report by SymphonyIRI Group.

June 27, 2011

Walgreens is making online shopping more convenient for its customers with its new Web pickup service.

DEERFIELD, Ill. — Walgreens is making online shopping more convenient for its customers with its new Web pickup service.

June 20, 2011

Nielsen has teamed up with a provider of digital grocery tools and a grocery media network to offer consumer packaged goods companies a view into consumers' online supermarket purchases.

ORLANDO, Fla. — Nielsen has teamed up with a provider of digital grocery tools and a grocery media network to offer consumer packaged goods companies a view into consumers' online supermarket purchases.

June 14, 2011

One week after the Senate failed to pass an amendment that would have delayed swipe-fee reform for an additional 12 months, the Department of Justice Antitrust Division reportedly is addressing anticompetitive practices related to credit cards.

WASHINGTON — One week after the Senate failed to pass an amendment that would have delayed swipe-fee reform for an additional 12 months, the Department of Justice Antitrust Division reportedly is addressing anticompetitive practices related to credit cards.

The agency has submitted a final consent decree in its enforcement action against Visa and MasterCard, according to the Food Marketing Institute.

June 8, 2011

Sens. Jon Tester, D-Mont., and Bob Corker, R-Tenn., have offered an amendment to legislation that is designed to delay swipe-fee reforms.

WASHINGTON — Sens. Jon Tester, D-Mont., and Bob Corker, R-Tenn., have offered an amendment to legislation that is designed to delay swipe-fee reforms.

June 6, 2011

Perception feeds reality. That is as true today as it was when the economy first started its rollercoaster plunge back in 2008. The perception is that the consumer is on her way back. And while that is fast becoming reality, today’s retailer will be looking to commit its capital expenditures to more than just the traditional new Main-and-Main locations.

WHAT IT MEANS AND WHY IT’S IMPORTANT — Perception feeds reality. That is as true today as it was when the economy first started its rollercoaster plunge back in 2008. The perception is that the consumer is on her way back. And while that is fast becoming reality, today’s retailer will be looking to commit its capital expenditures to more than just the traditional new Main-and-Main locations.

May 26, 2011

General Nutrition Centers has added PayPal's Mobile Express Checkout to its mobile site.

PITTSBURGH — General Nutrition Centers has added PayPal's Mobile Express Checkout to its mobile site.

The integration exclusively was made by mobile and social commerce provider Branding Brand without any involvement from third-party service providers, and makes GNC one of the first to implement this feature on its mobile site.

May 24, 2011

Happy days are here again! Consumer confidence rebounded 1.6 points in April from a dip in March, according to the Consumer Confidence Index, despite the fact that high-gas-price stories are dominating the airwaves.

Happy days are here again! Consumer confidence rebounded 1.6 points in April from a dip in March, according to the Consumer Confidence Index, despite the fact that high-gas-price stories are dominating the airwaves. That suggests consumers may be willing to try new things again — in other words, to buy something new — and that is excellent news for niche manufacturers.

May 23, 2011

Aetrex Worldwide is bringing shoppers a one-of-a-kind shopping experience featuring the most advanced technology in the footwear industry with the opening of its first retail concept in Englewood, N.J. An invite-only grand opening celebration will be held June 2.


TEANECK, N.J. — Aetrex Worldwide is bringing shoppers a one-of-a-kind shopping experience featuring the most advanced technology in the footwear industry with the opening of its first retail concept in Englewood, N.J. An invite-only grand opening celebration will be held June 2.


May 19, 2011

The National Retail Federation on Wednesday launched a 60-day lobbying, grassroots and media campaign aimed at ensuring that a new federal law — which is designed to save retailers and their customers more than $1 billion a month by lowering the “swipe fees" banks charge to process debit card transactions — takes effect in late July as scheduled.

WASHINGTON — The National Retail Federation on Wednesday launched a 60-day lobbying, grassroots and media campaign aimed at ensuring that a new federal law — which is designed to save retailers and their customers more than $1 billion a month by lowering the “swipe fees" banks charge to process debit card transactions — takes effect in late July as scheduled.

May 3, 2011

Mobile and social initiatives are becoming increasingly important to retailers.

WASHINGTON — Mobile and social initiatives are becoming increasingly important to retailers.

According to “The State Of Retailing Online 2011: Marketing, Social and Mobile” report conducted by Forrester Research for Shop.org, 91% of retailers currently have a mobile strategy in place or in development (up from 74% a year ago). Additionally, 72% of retailers said they will increase their spending on social networks this year over last year.

April 27, 2011

Just a few months after launching its Doorstep Grocer program, Meijer is allowing its online shoppers to order items and have the merchandise shipped to a local store at no cost.

GRAND RAPIDS, Mich. — Just a few months after launching its Doorstep Grocer program, Meijer is allowing its online shoppers to order items and have the merchandise shipped to a local store at no cost.

The new Order-to-Store program allows shoppers to designate which Meijer store they would like to use as their pickup location. Once the order is received by the store, the customer will receive email notification that his or her items are ready for pickup.

April 22, 2011

About one month after launching a mobile application that syncs customers' loyalty cards to provide access to online accounts, Stop & Shop is forging ahead with new technology, according to published reports.

NEW YORK — About one month after launching a mobile application that syncs customers' loyalty cards to provide access to online accounts, Stop & Shop is forging ahead with new technology, according to published reports.

April 18, 2011

Walmart announced that it has acquired the services of Kosmix, a Mountain View, Calif.-based company to grow its multichannel strategy.

BRISBANE, Calif. — Walmart announced that it has acquired the services of Kosmix, a Mountain View, Calif.-based company, to grow its multichannel strategy.

April 11, 2011

Nearly three-quarters of Americans surveyed by Deloitte said higher prices could slow their spending in the upcoming months.

NEW YORK — Nearly three-quarters of Americans surveyed by Deloitte said higher prices could slow their spending in the upcoming months.

The newest survey of 1,050 consumers found that 74% of consumers believed higher prices could curb their spending, with 7-out-of-10 (71%) concerned about rising energy prices and nearly half (47%) attributing reduced spending to higher medical costs.

March 31, 2011

While fewer consumers are seeking out private-label options this year, preplanning activities continue to be a priority, according to a new survey conducted by SymphonyIRI Group.

MIAMI BEACH — While fewer consumers are seeking out private-label options this year, preplanning activities continue to be a priority, according to a new survey conducted by SymphonyIRI Group.

In SymphonyIRI's inaugural MarketPulse survey, the group found that 2-out-of-3 shoppers today are making shopping lists prior to visiting the store, while 56% are reading store fliers either before or at the store — statistics that are in line with trends noted in 2010.

March 25, 2011

Recognizing and responding to the changing U.S. digital media landscape, Drug Store News is making it even easier for online readers to quickly navigate the latest leading industry news via a newly launched mobile version.

NEW YORK — Recognizing and responding to the changing U.S. digital media landscape, Drug Store News is making it even easier for online readers to quickly navigate the latest leading industry news via a newly launched mobile version.

The new mobile version of the site, m.DrugStoreNews.com, includes such categories as top retailers, supplier news, pharmacy, OTC, beauty, new products and insights. Now when accessing the DSN website via a mobile device, a message will appear giving users the option to access the easy-to-read mobile version.

March 24, 2011

Personalization of the in-store customer experience will be a key objective for retailers over the next two years, according to two new Aberdeen Group reports sponsored by HP.

PALO ALTO, Calif. — Personalization of the in-store customer experience will be a key objective for retailers over the next two years, according to two new Aberdeen Group reports sponsored by HP.

According to the 100 senior retail executives surveyed from such industries as apparel, grocery and department stores, 76% do not possess the technology tools or the business processes for executing Web, catalog or special orders from stores. This challenge is being fueled by rising consumer expectations of rich, multimedia in-store shopping experiences.

March 17, 2011

Rising gas prices will prompt consumers to be more mindful of their spending habits, according to Nielsen projections.

NEW YORK — Rising gas prices will prompt consumers to be more mindful of their spending habits, according to Nielsen projections.

In the United States, Nielsen noted, households could be paying an extra $52.50 with a 50-cent increase in gas prices, $105 with a $1 increase and $210 if prices jump up $2, prompting consumers to tighten their wallets. This will mirror historic trends, which include increased trip compression, more value-conscious shopping alternatives and increased use of coupons, Nielsen said.

March 16, 2011

The National Retail Federation said legislation introduced Tuesday to delay swipe fee reform, which is scheduled to go into effect this summer, would block retailers from giving discounts to consumers who use debit cards and would cost merchants and the public more than $1 billion per month.

WASHINGTON — The National Retail Federation said legislation introduced Tuesday to delay swipe fee reform, which is scheduled to go into effect this summer, would block retailers from giving discounts to consumers who use debit cards and would cost merchants and the public more than $1 billion per month.

March 11, 2011

An online order and same-day pickup service will be expanded to all Walmart stores beginning this month, the company announced.

BENTONVILLE, Ark. — An online order and same-day pickup service will be expanded to all Walmart stores beginning this month, the company announced.

The “Pick Up Today” service allows shoppers who make a purchase online to pick up their merchandise within about four hours if the order is placed before 6 p.m. Orders placed after that time are available for pickup the next day before 10 a.m.

March 9, 2011

The National Association of Chain Drug Stores and the National Community Pharmacists Association on Tuesday urged Congress to permit the Federal Reserve Board to expedite the implementation of an amendment to the financial-reform legislation.

ALEXANDRIA, Va. — The National Association of Chain Drug Stores and the National Community Pharmacists Association on Tuesday urged Congress to permit the Federal Reserve Board to expedite the implementation of an amendment to the financial-reform legislation from Sen. Dick Durbin, D-Ill., that would limit the fees charged to retail merchants on debit card transactions (known as “swipe fees”) to a level that is “reasonable and proportionate” to the costs incurred by the banks and credit card associations to process these transactions.