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Wal-Mart CEO Doug McMillon: Mobile Is Taking Over
Thursday, December 4, 2014 - 11:00am | 360Black Friday and Cyber Monday sales are out and it seems like brick and mortar giant, Wal-Mart Stores, Inc.(NYSE: WMT) is now also giving tough competition to its online counterparts. Wal-Mart announced having sold more goods than ever on a single day this Cyber Monday. Wal-Mart’s new CEO...
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IDC's Top 10 Predictions For 2015: China, Cloud, Security And More
Tuesday, December 2, 2014 - 11:05am | 240International Data Corporation (IDC) on Tuesday released its top 10 predictions for the worldwide information and telecommunications technology (ICT) industry in 2015. 1. Worldwide ICT spending will grow 3.8 percent to more than $3.8 trillion. 2. Telecommunications services will see wireless...
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Wedbush: Best Buy Lost Out On 'Few' Purchases During Mobile Site Outage
Monday, December 1, 2014 - 10:30am | 351Webush analyst Michael Pachter in a note Sunday commented on Best Buy Co Inc's (NYSE: BBY) mobile site outage. Pachter believes that Best Buy saw a surge in mobile traffic as consumers were rushing to seek price comparisons during Black Friday. The analyst adds that the traffic occurred...
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ComScore: 31% Of Consumers Still Rate Economic Condition As 'Poor'
Friday, November 21, 2014 - 9:53am | 179comScore updated its third-quarter findings for the U.S. Online Retail Economy and issued some fourth quarter commentary in a blog post on Thursday. Third-Quarter Highlights Total Digital Commerce accelerated to 14 percent year-over-year. Digital Commerce continues to take share away...
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Why Starbucks' New Mobile Payments Will Be 'Transformational'
Friday, November 7, 2014 - 1:19pm | 619Understanding the role of Starbucks Corporation’s (NASDAQ: SBUX) planned 2015 rollout of its food and beverage delivery service would require a step back and a broader view of context, according to Wedbush Securities analyst Nick Setyan. Setyan told Benzinga he saw the delivery...
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Holiday Retail Forecast 2014 Part II: Online Presence, Cloud And Mobile, And Small Retailers
Wednesday, October 15, 2014 - 10:14am | 738Read Part I of this story here. MediaFirst Vice President Becky Boyd told Benzinga that online purchases are going to generate more sales than those in-store. The coming sales opportunity means companies’ online stores need to be more streamlined and easier to use than ever. Cleaning Up...
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An Alibaba IPO Will Shake Up E-Commerce
Thursday, April 17, 2014 - 10:28am | 629Alibaba.com is big. From a transaction volume standpoint, $240 billion big, according to Wall Street Journal sources. That’s twice the size of Amazon (NASDAQ: AMZN) and three times the size of eBay (NASDAQ: EBAY). From a revenue perspective, however, Alibaba’s nearly $8 billion in 2013 revenue...
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Facebook Wants To Tap Into Financial Services
Monday, April 14, 2014 - 4:43pm | 621The world's largest social networking website is jumping into the financial services sector. Facebook (NASDAQ: FB) is only weeks away from getting the regulatory approval it needs in Ireland for a service that would allow users to store money on the social network site, as well as use it to pay...
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Mobile Users Ditching the Mobile Web in Favor of Apps
Tuesday, April 8, 2014 - 9:13am | 540Everybody talks about how people are ditching their “computers” for mobile devices, but there’s more to the switch than trading devices. Another mobile stat that proves the traditional Internet is dying just as fast. According to new data from analytics company, Flurry, U.S. consumers are...
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Exclusive: 1-800-FLOWERS.COM CEO James McCann Discusses Valentine's Day 2014
Wednesday, February 19, 2014 - 12:57pm | 527In an exclusive interview with Benzinga, CEO James McCann and VP of Investor Relations Joe Pititto of 1-800-FLOWERS.COM (NASDAQ: FLWS) discussed preparation for Valentine's Day. One of the biggest changes the company is seeing this holiday is an increase in social and mobile interaction. 1-800-...
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Tibco CEO Vivek Ranadive's Exclusive 2014 Outlook
Monday, December 30, 2013 - 1:56pm | 514This is the second to a two part interview with Vivek Ranadive following Tibco's fourth quarter earnings. Read Ranadive's comments on the company's valuation. Read Benzinga's exclusive interview with Vivek following the third quarter report. In an exclusive interview with Benzinga, Tibco (...
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These Numbers Prove Facebook's International Reach Is Massive
Monday, December 30, 2013 - 9:36am | 529If you’re wondering why Facebook (NASDAQ: FB) went from the stock that everybody loved to hate to the most celebrated social media success story of 2013, you might take a look at its mobile metrics. Remember the days of the haters hurling the “Facebook has failed to figure out mobile...
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Is Dish About To Pounce On T-Mobile?
Thursday, December 19, 2013 - 12:21pm | 653First, there were rumors that Sprint (NYSE: S) was flirting with the notion of acquiring T-Mobile US (NYSE: TMUS). Despite a pretty good case for a possible merger made by The Wall Street Journal, there was and is a catch: Should such a merger be approved, the market would end up dominated by...
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Yahoo! Acquires and Prepares to Shut Down Mobile App Ptch
Wednesday, December 4, 2013 - 2:48pm | 460In a move that has become more or less standard for Yahoo! (NASDAQ: YHOO) CEO Marissa Mayer, the company recently acquired DreamWorks Animation’s (NASDAQ: DWA) Ptch startup, which it will shut down January 2. Mayer has made a number of such “acquire-hire” moves since she took over leadership at...
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Pandora Earnings Preview: What The Analysts Are Saying
Thursday, November 21, 2013 - 12:18pm | 663Pandora Media (NYSE: P) is set to report its third quarter 2014 results after the closing bell on Thursday, November 21. The consensus EPS is $0.06, while consensus revenue is $174.8 million. Last quarter the company reported a $0.04 EPS, beating consensus by $0.02. Revenues also came in higher...