eCommerce

This "shopping" service could change your life — here's why millions of people love it

If you're one of those people who enjoys wearing new clothing but dreads shopping for them, you're not alone.<p>Many people avoid the mall and stores for myriad reasons, from long lines to overly aggressive salespeople. And though millennials are known for preferring e-commerce (54% of them make their …

Business

The End Of Retail As We Know It

This holiday season, retail hit an important inflection point that was the end of retail as we know it.<p>Already this year there have been a record …

Business

Omnichannel Is Dead. Long Live Omnichannel.

“Omnichannel” has been one of retail’s favorite buzzwords for years now. At this week’s recently concluded (and excellent) ShopTalk conference, several speakers challenged the relevance of omnichannel. This conversation is long overdue.<p>The shift from a “multichannel” strategy–being active in …

Business

J.C. Penney store closings latest sign that ecommerce may finally be devastating brick-and-mortar retail

ANALYSIS:<p>This week, J.C. Penney released details of its plans to shutter 138 stores (out of 1,014) and to cut 5,000 retail jobs.<p>This is part of the ongoing reinvention of a company that seemed to be on the verge of collapse just a few years ago. J.C. Penney says physical stores remain vital to its …

Business

Amazon has a new weapon in its war on brick-and-mortar retail (AMZN)

Mario Tama/Getty Images<p>The environment for brick-and-mortar stores is abysmal.<p>The rise of e-commerce and titanic shifts in how shoppers spend their money has hit malls and stores hard. Visits to malls declined by 50% between 2010 and 2013, according to the real-estate research firm Cushman & …

Fortune 500

These haunting photos of the retail apocalypse reveal a new normal in America

The retail apocalypse has descended on America.<p>More than 3,500 stores are expected to close across the US in the next couple of months.<p>Department stores like Macy's, Sears, and JCPenney, and retailers including BCBG, Abercrombie & Fitch, and Bebe have all been forced to close up dozens of …

Business

Woe for stores as shoppers look elsewhere for inspiration

NEW YORK (AP) — Erica Dao used to shop at malls once a month, looking in stores and seeing what the mannequins displayed. Now, she mainly looks for inspiration on social media.<p>"I discover brands through Instagram," said Dao, 33, of St. Paul, Minnesota.<p>Elizabeth Troy says she was the "queen of …

Business

Amazon: How You Can Possibly Compete with Them, Asks Raymond James - Tech Trader Daily

By Tiernan Ray<p>Who can compete with <b>Amazon</b> (AMZN)? That’s a question explored today by <b>Raymond James</b> analyst <b>Aaron Kessler</b>, who this week was attending …

Retail

Can This Man Save Macy's?

The new chief executive of Macy’s Inc. says he knows what ails the struggling department-store chain: A “sea of sameness” that characterizes too much of what it sells today.<p>His fix? Cutting back on what he calls “fashion basics” to make room for higher-priced, trendier clothing, as well as more …

Business

Facebook has a new type of video ad meant to get people shopping

The new ad attaches product pictures to videos you might watch in News Feed.<p>Facebook is launching a new type of ad to help people find and buy products they might see from videos marketers share on the service.<p>The new format, called Collections, will let marketers attach multiple product images to …

Facebook

As Sears falters, shadow over American malls grows darker

CALUMET CITY, Ill.—To say that that the River Oaks Center, a sprawling mall in this blue-collar suburb of Chicago, has seen better days is an understatement.<p>When it opened 50 years ago, it was one of the first big malls in the Chicago area. And as recently as a few years ago, it boasted four major …

Business

$30 Billion Of Fashion Market To Be Digitally Influenced By 2020, Says BCG-Facebook Report

Around $30 billion of the domestic fashion market, which currently accounts for 70 per cent of the branded apparel market, will be digitally …

Retail

Amazon reportedly to acquire Middle East e-commerce giant Souq.com

Amazon is reportedly set to acquire Middle East e-commerce giant Souq.com as it furthers its quest of global online shopping domination.<p>TechCrunch, …

Amazon

FarmersMarket.com Hopes To Deliver Farmers-Market Quality With The Convenience Of Online Ordering

Locally-grown food is making a big comeback in the United States. Nationwide sales totaled $12 billion in 2014, and the USDA estimates that number could increase to $20 billion in 2019.<p>Nick Carter, a third-generation farmer from rural Indiana, has been aware of America’s changing tastes for years …

Business

5 Proven Techniques to Drive Traffic to Your eCommerce Store

Entrepreneurship is all about solving problems in the most innovative way.

Retail

Nearly Half of All Women Won’t Even Enter A Store Unless There Is a Sale

Science may be getting very close to answer the age-old question: “What do women really want?” Apparently, the answer is sales — and very hefty ones, …

Retail

Primed: Are investors too optimistic about Amazon?

PrimedAre investors too optimistic about Amazon?<p>They think Amazon is going to grow faster, longer and bigger than almost any firm in history<p>From the …

eBay guarantees fast and free shipping

<i>This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here.</i><p>eBay has announced that it's launching a “Guaranteed Delivery” program, which will provide delivery within three days or less for 20 million items and ship millions of them …

Business

Amazon, Grofers, Big Basket may invest $695 mn in food retail

The government has received investment proposals from three companies, including Amazon and Grofers, worth $695 million for retail of food products …

Amazon

Time to Sell Online?

Over the last decade, as luxury retailers large and small grew to accept — then embrace — e-commerce, most Swiss watchmakers struck a tone of defiance, vowing to protect their timepieces from the perils of the internet.<p>This week, with the Baselworld luxury watch and jewelry fair drawing industry …

Watches

Cartier talks about cracking China with WeChat

With 850m monthly active users, it is unsurprising that China’s WeChat online platform wields considerable sway when it comes to retail.<p>But WeChat, …

China

Short And Sweet Shopping Trips

by , Staff Writer @mp_research,<p>According to a new report by KouponMedia, the retail industry is now shifting to smaller stores. In 2015, small format …

Retail

2017 Dot-com Shining: India’s Rising Ecommerce Industry

According to the Central Statistics Organisation (CSO) and International Monetary Fund (IMF), with various positive factions thriving, including that …

Retail

Amazon is continuing to define what consumers expect

When Amazon (AMZN) began offering free two-day shipping to Prime members, that fast shipping time became the new expectation for many customers who …

Amazon

Sales & Selfies: Is Snapchat Good for Ecommerce?

My blog focuses on parenting, being a mom and working, travelling with your kids, and also ways to improve your home. I give new and helpful tips …

Snapchat

Amazon Says... Let's Get Physical

Amazon getting ready for launch of physical stores.<p>Where it missed it with online groceries.<p>Company goal would require over $30 billion in grocery …

Fortune 500

What is Product Branding and Why It's Essential in Retail

Without a strong brand behind your product line, there’s little to compel a buyer to choose you over another option. And with so <i>many</i> options in most …

Marketing

A look at clothing companies that are closing stores

A number of retailers, particularly clothing stores, are shuttering locations as shoppers move online and find fashion inspiration from social media. …

Business

Foot Locker: Trading At Its High, Is It Still A Buy?

Foot Locker operates as a retailer of athletic footwear and apparel.<p>The company’s recent earnings release has demonstrated strong growth, with same …

Business

Lord & Taylor Hopes To Lure Customers To Its Store With the Largest Dress Floor In America

If Lord & Taylor was synonymous with dress shopping before, it's about to be even more so — or at least that's what the department store hopes. On …

Fashion