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E-Commerce Is Not Eating Retail

The recent headlines about retailing are nothing if not provocative. “Shoppers Are Fleeing Physical Stores.” “The Great Mall Exodus.” “Macy’s Confronts the Crisis of the American Mall.” They seem to bolster Marc Andreessen’s prediction that by the end of this decade “retail guys are going to go out of business and e-commerce will become the place everyone buys.” Read More

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PayPal expands credit business

PayPal payments unit will expand its small business and consumer lending programs outside the US, including the UK and Australia as it aims to further fuel business growth.  Read More