E-commerce

PayPal's in-store payment partners grow to 23 retailers

Increasingly bringing its service offline, PayPal announced today that it has nearly doubled its brick-and-mortar store lineup to 23 retailers that now accept its payment service.

"Delivering valuable digital and mobile payments is alive and thriving, and consumers all over the U.S. will now start seeing PayPal more where they shop every day, including the grocery store and at the gas pump," PayPal's vice president of retail services Don Kingsborough said in a statement. "No bells, whistles or buzzes -- just technology that works and gets the most from your money."

Throughout the U.… Read more

Audiobooks.com cancels all-you-can-hear plan

Audiobooks.com has lowered its subscription price, but now you can listen to only one or two books per month.

The new plans offer two different options. You can pay $14.95 per month to listen to one audiobook or $22.95 each month to hear up to two books. Previously, the site charged people $24.95 per month but gave them the ability to listen to an unlimited number of audiobooks for that fee.

Why the change? A spokesman for Audiobooks.com sent CNET the following statement:

The switch from "all you can listen" to the new … Read more

First all-digital library in the U.S. will look like an Apple Store

The first book-free library in the U.S. may look pretty familiar to visitors. That's because it's being modeled after an Apple retail store.

Bexar County, Texas, which includes San Antonio, will launch the nation's first all-digital public library system, dubbed BiblioTech, this year. A prototype location on the county's south side is slated to open this fall, and the county hopes to open similar libraries in the future.

Bexar County Judge Nelson Wolff got his inspiration for the all-digital library from Walter Isaacson's biography of Steve Jobs, according to the San Antonio Express-News.

"… Read more

Shopping via mobile devices increased 81 percent in 2012

The phrase "shop by phone" took on new meaning in 2012, with U.S. consumer spending via mobile devices nearly doubling over 2011 levels.

Shoppers used their smartphones and tablets to make $25 billion in purchases last year, an increase of 81 percent over the previous year, according to data released today by market research firm eMarketer.

The researcher estimates that mobile devices accounted for 11 percent of e-commerce sales last year and expects that number to increase to 15 percent in 2013.

eMarketer expects consumers to make nearly $87 billion in mobile purchases by 2016, more than … Read more

Target online price match unlikely to curb 'showrooming'

Target said today that it would match online pricing in all of its stores year-round -- a move deployed by many retailers this holiday season -- in a bid to stop Amazon's "showrooming" effect.

In a statement, Target said it will match pricing from Amazon.com, Walmart.com, BestBuy.com and Toysrus.com (including Babiesrus.com). In a nutshell, Target will match prices on items found cheaper elsewhere within seven days.

The move is likely to be followed by Best Buy and other retailers that deployed the price matching stunt over the holidays. However, it's unclear … Read more

Amazon Prime lands in Canada

Amazon Prime has expanded its coverage to Canada, but not all benefits will be part of the package.

Starting today, Prime will be offered to Canadian consumers for the yearly fee of $79.

The service's unlimited two-day shipping will be available in most of the country, according to Canada's Times Colonist. People in rural areas can grab the unlimited shipping but with no two-day guarantee. Those in certain locations will be able to upgrade to one-day shipping starting at $3.99 per item.

Steve Oliver, the country manager for Amazon.ca, told the Times Colonist that the shipping … Read more

Market slumps but upgrade sends Amazon to all-time high

When it reports tomorrow, Alcoa officially kicks off the quarterly earnings season. In the meantime, the stock market -- and tech stocks in particular -- are selling off. Not Amazon. In fact, the company touched an all-time high earlier today after an analyst upgrade from Morgan Stanley sent shares of Amazon climbing to $269.30, the highest intraday price since the company's 1997 IPO.

In his upgrade note, Morgan Stanley's Scott Devitt said Amazon should exceed $1 trillion in revenue by 2016, up from $512 billion in 2012. That, in turn, inspired the expected veneration and rhetorical overkill … Read more

eBay launches selling helpers as way to lure new customers

As eBay comes up against more competition from the growing number of online retailers, it has to keep reinventing itself. The newest endeavor for the online auction house means coming offline and helping people sell their goods in person.

eBay has recently launched three new pilot programs that involve company representatives working with sellers and buyers to figure out how to best purchase or get rid of wares, according to All Things D.

"People make their living on eBay and that feels good, but to be the belle of the ball, we have to step it up. We can'… Read more

'Fiscal cliff' fears blamed for flat online holiday spending growth

Growing fears of an impending economic crisis in the new year apparently led to weaker-than-expected U.S. online holiday sales results.

Consumers spent $42.3 billion online during the November-December holiday shopping season, a 14 percent increase over 2011, according to data released today by ComScore. While online shopping set some spending records, overall growth was largely flat, the market analyst concluded.

"This year's growth rate is essentially on a par with last year's," ComScore Chairman Gian Fulgoni said in a statement. "But despite many positives for the online sector, this year's season did … Read more