eBay is jumping back into the phone trade-in game. The online marketplace on Monday came out with a new program called Quick Sale, which gives people an upfront cash offer for their used phones, from iPhones to Samsung Galaxy phones to Blu devices. The new program comes just before Apple’s new iPhone 7 officially launches …
Read More »
Walmart is ponying up $3.3 billion to buy Jet.com so it can strengthen its online shopping muscle. This means we’ll all be racing to Walmart.com, right? Eh, maybe. The world’s largest retailer has been getting a lot more aggressive in e-commerce over the past year, introducing an Amazon Prime-like unlimited shipping service called ShippingPass, expanding its online inventory and setting …
Read More »
Amazon@Penn probably doesn’t look like any store you’ve ever visited. The brightly lit space includes no shelves, no standing inventory and no checkout. It’s likely debatable the location is even a “store” at all. Yet this 3,500-square-foot space, which hosted a grand opening Friday at the University of Pennsylvania in Philadelphia, serves as another example of Amazon’s evolution, as the …
Read More »
Ron Johnson is best known for developing the look of Apple’s iconic stores as its head of retail operations, then for nearly ruining J.C. Penney as its short-lived CEO. You can be excused for not knowing Johnson for his attempt at a third act, this time as the founder and CEO of e-commerce electronics retailer Enjoy, which hand-delivers and helps …
Read More »
As college students, Marc Lore and his childhood friend Lakshman “Lax” Chandra toted a good-luck charm when they bet on horses at the Monmouth Park Racetrack in Oceanport, New Jersey. Their amulet: a laptop computer. The pair would check which betting pools other spectators were putting their money into and fed that data into software Lore had designed to help …
Read More »
Mobile-payments company Square on Wednesday revealed its plans to go public, putting in motion what should be one of the biggest and most-anticipated tech initial public offerings of the year. The 6-year-old maker of credit-card reading devices was expected to make such a move for months. Reports came out over the summer that the San Francisco-based company filed confidential paperwork …
Read More »
