According to digital performance company iProspect, there are 19 million affluent men online, and the vast majority of them are shopping. Nearly half of these wealthy men spend more than $4,000 a year online. Read More
E-commerce website, etsy.com, tries to maintain its image as a distributor of handcrafted goods, while users of the online merchant are starting to outgrow it. Read More
Wal-Mart will offer its online shoppers a “pay with cash” option. The program plays to Wal-Mart’s key customer, a low-income consumer who may have little access to credit cards and banking options. Read More
A recent study has found that most of the users of the newest version of the iPad are confined to wealthier, coastal states. The study drives home a point that retailers should keep in mind: if you want to reach affluent consumers, your website better be equipped to handle traffic coming from these devices. Read More
Mobile phones allow consumers to have "a mall in their pocket;" eBay allows them to pay for the goods they buy, CEO John Donahoe told CNBC Thursday. Read More
As Best Buy works on hashing out the terms of CEO Brian Dunn’s resignation, speculation continues about who ultimately will lead the company. Read More
It’s going to take more than a new CEO to fix Best Buy’s problems, but at least it’s a start. At best, it’s a signal the board is getting ready to be more aggressive about shaking things up and reinventing the brand. Read More
Can we blame Brian Dunn for Best Buy’s current woes? While many are pointing to Dunn’s shortcomings as a CEO, it's important to look at history and see that he inherited a lot of the company's current troubles. Read More
A group of e-commerce start-ups, backed by some of the tech world's most pedigreed financiers, are betting that Facebook Inc can become an e-commerce powerhouse to rival Amazon.com Inc and eBay. Read More
Retailers may want to take a hard look at Pinterest if they aren't already doing so. Evidence continues to suggest the social media website is a good way to generate customer leads. That's certainly the experience Wayfair, an ecommerce company that sells home furnishings, is having. Read More