eCommerce Holiday Digital

Online retail sales on Thanksgiving day jump 28% from last year

On Thanksgiving day online spending reaching $3.7 billion, up 28% from last year, according to published Adobe Analytics data

eCommerce

Overstockā€™s founder to says he will sell retail business in move to blockchain. Stock jumps 26%.

Overstock.com Inc. Chief Executive Patrick Byrne is betting the farm on his blockchain venture -- tZero

eCommerce

Kohl's has record online sales on Thanksgiving

Kohl's record sales day on Thanksgiving is mainly from mobile traffic, says CEO Michelle Gass.

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Retail

J Crew and Lowes among many that experienced downtimes during key shopping hours on Black Friday

Shoppers took to their Twitter feeds to complain about shopping outages on Black Friday for J Crew, Lowes, and many others.

Digital

Capital One acquires Wikibuy, the 4 year-old start up designed help shoppers keep tabs on Amazon pricing

Texas-based, Wikibuy has been acquired for an undisclosed amount by Capital One. Wikibuy automatically finds low prices and active coupon codes for products specifically sold on Amazon.com

Retail

Farfetch Acquires Sneaker and Streetwear Marketplace, Stadium Goods

Acquisition enables Farfetch to expand its offering in the premier sneaker and streetwear category.

eCommerce

Gamestop stock up by low double-digits after news hits regarding sale of Mobile Spring for $700 million

Sale of Mobile Spring enables GameStop increase focus on the video game industry and the rapidly-growing collectibles space, says executive board member Dan DeMatteo.

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