comrse-screengrab

As Facebook and Twitter push into social commerce, Seattle startup Comr.se raises cash

Comr.se, a social commerce startup that graduated from B2B incubator 9Mile Labs last year, has reeled in an additional $800,000 in capital that it will use to grow the team and add new customers. The company earlier this month rolled out a full public release of the technology, which allows brands using e-commerce platforms such as  Magento, Shopify,… Read More

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18-year-old Seattle retailer OnlineShoes.com finds a buyer, merges with ShoeMe

OnlineShoes.com, a Seattle online retailer of footwear that got its start in 1996 a year after Amazon.com emerged on the scene, has been acquired by Canadian entrepreneur Roger Hardy. Hardy Capital Corp. is buying the online retailer for an undisclosed sum, joining with a group of Canadian investors. They’ve also purchased Vancouver, B.C.-based ShoeMe.ca, with… Read More

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Men’s clothing retailer Bonobos raises $55M from Nordstrom and others to open ‘Guideshops’

Bonobos started in 2007, selling flashy men’s apparel online. Now, the New York-based company has scored $55 million in fresh capital — including money from Coppel Capital, Mousse Partners and Nordstrom — to expand the brand in the physical retail world. The money-losing company plans to open about 30 new stores in the next two years, adding… Read More

legomovie

No ‘Lego’ DVD for Amazon customers: Warner Home Video pre-orders nixed in latest negotiating standoff

Amazon’s contract battle with Hachette has been getting lots of attention, with the Seattle company delaying book shipments and declining to take pre-orders for popular Hachette titles amid negotiations with the publisher. But it turns out that’s not the only standoff affecting the retailer’s catalog. Upcoming DVDs and Blu-ray versions of Warner Home Video movies — including “The… Read More

Apple's University Village store. (Credit: Apple)

Surprise! The second-largest retailer after Amazon is not what you’d expect

Nope, it’s not Macy’s or Walmart. Apple is the second-largest U.S. online retailer after Amazon, with more than $18.3 billion in sales from its website and iTunes. E-commerce research firm Internet Retailer reported today that Amazon remains miles ahead of its U.S. competition in the online retail space. Last year, Amazon’s retail sales amounted to $67.9… Read More

gamestop

If new consoles from Microsoft and Sony didn’t save GameStop, then what can?

GameStop’s stock traded lower today after it reported weaker-than-expected results in the fourth quarter despite strong console launches from both Sony and Microsoft. Analysts said the disappointing results were largely driven by a switch in consumer behavior from buying games at retail to purchasing them digitally for the new consoles, as well as, playing games… Read More

Zulily co-founder Mark Vadon in a 2011 interview

This Seattle tech exec saw his net worth skyrocket $500 million today

Zulily’s shares jumped more than 35 percent today after Wall Street applauded the Seattle online retailer’s fourth quarter earnings, which blew right past analysts’ estimates. The performance even got CNBC’s Jim “Mad Money” Cramer hyperventilating with excitement. But there’s one person who benefitted more than anyone with today’s news: Zulily chairman Mark Vadon. Vadon, the… Read More

Target Chairman and CEO Gregg Steinhafel

Target security breach encompasses 70 million

Target revealed today that the massive security breach that hit 40 million customers’ credit and debit cards also encompasses the personal information of 70 million people. As a part of its investigation into the breach, the retailer said that the attackers who stole millions of credit cards also got email addresses, phone numbers, names and… Read More

GoPago

Amazon reportedly buys payment startup GoPago

Amazon has purchased GoPago, a San Francisco-based tablet point-of-sale and mobile payment startup, according to a report in La Repubblica, GoPago’s platform allows users to pre-pay for goods at a participating business with a mobile app, and works as a Square-like point-of-sale system for businesses. The terms of the deal have not been disclosed, though co-founder… Read More

eBay exec Paul Todd

eBay wants to help retailers leverage technology to compete with Amazon

MOUNTAIN VIEW–For eBay, competing with Amazon is difficult, in part because the company’s services have reshaped the playing field for retailers everywhere. “Amazon has raised the game in terms of the basics of commerce,” Paul Todd, the head of strategy for eBay Marketplaces, said at The Atlantic’s Silicon Valley Summit this morning. Thanks to programs… Read More

Blue Nile Display at Nordstrom

Nordstrom and Blue Nile put a ring on it with ‘clicks and bricks’ diamond experiment

Blue Nile built its business selling diamond rings online, but the Seattle-based e-commerce company is now experimenting with a physical retail presence — albeit a small one — through a partnership with Nordstrom. A new Blue Nile display in the second-floor bridal department at Nordstrom’s downtown Seattle flagship store is the online diamond seller’s first-ever collaboration with… Read More

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Walmart tops list of most visited retailers on Thanksgiving

In a development that shocked nobody, Walmart was the most-visited retailer on Thanksgiving, according to new rankings published by Placed, a Seattle-based location analytics company. While stores opening on Thanksgiving is still something of a controversial subject, that certainly has not stopped shoppers from all over rushing to get deals after finishing their turkey. Walmart,… Read More

bluenile

Sales sparkle at jewelry retailer Blue Nile, up 10.1 percent

Blue Nile, the Seattle online retailer of diamonds and jewelry, said that third quarter revenues increased 10.1 percent to $98.9 million. Net income also rose to $2.9 million, up from $1.7 million for the same period last year. “These results demonstrate once again that our strategy is working. Our third quarter sales increase of 10.1%… Read More