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| After 15 years, eBay plans to cut off PayPal as its main payments processor At eBay, the move is being billed as a way to take more control over the critical checkout experience as other giant online shopping destinations like Amazon and Alibaba have, while giving more payment options to eBay shoppers. Adyen supports more than 200 payment methods across the world, eBay ...
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| Why you cannot quit Amazon Prime — even if maybe you should But what are we giving up when we can, and do, buy almost anything imaginable from a single online store? In the worst case, a Prime membership acts like blinders: It steers not only what we buy but also how we behave as consumers — and even which companies get to compete for our dollars.
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| Ailing H&M plans 170 store closures, new marked-down merch format As online shopping has soared, fewer people are visiting H&M's vast network of physical stores. The company has struggled to cut inventory, which ended the year higher than planned, and H&M said it will increase markdowns by as much as 2 per cent in the first quarter to clear that out. The sales woes ...
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| Health care just the latest industry Amazon seeks to upend Big retailers, such as Target and Walmart, have spent billions to catch up with Amazon, and it seems to be paying off. Both companies have posted large increases in online sales recently. Kohl's, meanwhile, let Amazon inside its doors. The department store chain opened Amazon shops within its stores, ...
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