Today’s Top Ecommerce News

China’s Alibaba files for landmark IPO (CNN Money)
“Alibaba, arguably the world’s biggest e-commerce company, filed paperwork on Tuesday that sets the stage for what could be the biggest initial public offering in U.S. history. The Chinese tech behemoth filed with the Securities and Exchange Commission to raise $1 billion, but that figure is seen as just a placeholder. Analysts have said it could haul in more than the $16 billion Facebook raised in 2012.”

Multichannel retailers need to work on their returns policies (eConsultancy)
“50% of the UK’s multichannel retailers were not able (or willing?) to accept returns for online purchases. This suggests that, though many retailers have worked hard to integrate online and offline channels to provide a better experience for customers, many still have work to do.”

The Mother of All Holidays: What Shoppers Are Buying for Mother’s Day (eCommerce Bytes)
“Calling it one of the most universally celebrated holidays, National Retail Federation CEO Matthew Shay said Mother’s Day would see consumers spending a total of $19.9 billion this year, and 29% of Mother’s Day shoppers would shop online to find gifts. Others will head to specialty stores (33.5%), department stores (32.4%), and discount stores (24%).”

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