eCommerce

Trusting Singapore consumers spent $846M on cross-border purchases

Some 500,000 online shoppers in the country shelled out S$1.2 billion last year--with the US, China, and Japan as the top shopping destinations--and …

Retail

J.C. Penney's Latest Store-Closing News Likely Won't Be Retail's Last

JCPenney on Friday said it plans to shutter as many as 140 stores over the next few months, joining rivals from Macy’s to Sears that have also …

Business

Industry Insider Forecasts Upcoming Retail Trends in Euromonitor International Podcast

As retailers and fashion brands create so-called seamless shopping experiences for consumers, the relationship with shoppers is also becoming less …

Retail

Primark to steadily expand further in Germany

The discount fashion business keeps growing because low, rock-bottom prices are seemingly irresistible for German shoppers. Are there limits to its growth in one of Europe's most fiercely contested fashion market?<p>Even on a rainy February morning Primark's 3-storey shop on Berlin's Alexanderplatz …

World News

Paytm E-Commerce Launches New Online Marketplace App - Paytm Mall

Paytm Mall will offer a unique combination of the Mall and Bazaar concepts to Indian consumers.

Retail

Online grocer Redmart uses ‘shop as you are’ message to stand out in increasingly competitive market

Singapore-based online grocer Redmart has launched the ‘shop as you are’ campaign, alongside its agency J. Walter Thompson Singapore, as a way to …

Retail

Etsy Looks to Boost Growth With Its New Craft Marketplace

The platform for handmade crafts has struggled with supply growth, but is deploying a strategy that may save the day for Etsy.<p>Etsy announced a new marketplace last week that will launch in April in a bid to jumpstart its growth. The company called the initiative its first new marketplace in 11 …

Business (UK)

ALERT: The Company That Owns HomeGoods Is Opening A Brand New Home Store

It's going to be totally different.<p>Department stores just got a double dose of bad news.<p>The parent company of T.J. Maxx and Marshalls, which have …

Markets

3 Tricks to Master the Content to Commerce Model

The content to commerce model, often dubbed ‘service journalism’ is essentially the holy grail of monetizing content that everyone from major …

Content Marketing

Walmart Modernizes The Shopping Experience With Scan & Go

A new Walmart just opened up a couple miles from my home. I’m not a fan of Walmart. I fought against allowing this Walmart to be built at all. Now that it’s open, though, I did go in just so I could try out the new high-tech future of shopping—Walmart Scan & Go.<p>I abhor Walmart. I do not like what …

Fortune 500

Macy's Troubles Can Soon Bring A Buying Opportunity

Macy's has seen its fair share of troubles in 2016 and the forecast for this year continues to be bleak which is pushing the stock downwards.<p>This can …

Investing

10 Ways Alibaba Is Changing the Internet

Founder Jack Ma is on track to conquer China, global trade -- and live seafood. Along the way, he's vowed to help create 1 million jobs in the U.S.<p>Just how far is Alibaba reaching? Let us count the ways.<p>Here are the top 10 examples of its ecommerce ambitions and achievements so far:<p><b>1. …

Retail

Minimum Wage Hikes And Online Sales Will Save Wal-Mart, But Not Neighborhood Stores

Minimum wage hikes and online sales will boost Wal-Mart’s top line, but they will kill neighborhood stores. At least the way American consumers knew them for decades: a place to browse new merchandise or simply a destination to escape the house routine on weekends and holidays.<p>Minimum wage hikes …

Fortune 500

Investors pour $2 million more into booze marketplace Drizly

Boston-based Drizly used to be known as the on-demand delivery app for alcohol. More recently, the company evolved into a marketplace that helps brick-and-mortar liquor stores to connect with and sell to customers nearby through web and mobile commerce.<p>The Drizly app shows shoppers different prices …

Startups

Logistics costs hinder omnichannel services

<i>This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Retailers have been struggling to implement omnichannel strategies, with only 10% of retail CEOs saying they are able to make a profit while fulfilling omnichannel demand, …

Business

Despite new closures, shoppers won't give up on stores

To understand why shoppers aren’t frequenting J.C. Penney, consider the alternatives.<p>At T.J. Maxx, shoppers relish the hunt for a bargain-priced designer dress. Visitors to a Nike store in Manhattan can try out sneakers by taking a virtual jog through the park. And Ulta customers can sample an …

Retail

Can see-now-buy-now save department stores?

There is a seemingly never-ending stream of bad news for America’s department stores, facing declining foot traffic, declining shopping mall …

Advertising Industry

Mondelez e-commerce efforts pay off with 35% jump in sales

The manufacturer is working to leverage this retail channel along with Oreo, belVita and Milka "power brands."

Retail

Another One Bites the Dust? JCPenney the Latest Retailer to Close 100-Plus Stores

Pressured by the growing threat of online retailers, J.C. Penney Co. Inc. said today that it will shutter between 130 to 140 of its 1,000-plus stores …

Retail

eBay Is Tapping Into the Under-24 Demographic By Partnering With Snupps

As one of the first online marketplaces, eBay must continue to innovate its 20-plus years of e-commerce experience to keep up with the wave of new …

Retail

Giant Tiger and other discounters in expansion mode

Store locations abandoned by Target make growth easier<p>Whenever Anna Maria Afable travels from British Columbia to visit her friends in Ontario, she …

Retail

How Marketers Can Weather the Storm of New Seasonal Shopping Trends

Christmas is coming. Or, at least, it could be very soon. Last year, Selfridges Oxford Street launched its 2016 Christmas campaign in August. Black …

Retail

Is Nordstrom's Off-Price Strategy Hurting Its Mainline Business?

The department store chain’s off-price business is booming — but at what cost?<p><b>SEATTLE, United States</b> — Has Nordstrom bet too heavily on the booming off-price sector?<p>On Thursday, the department store chain said strong demand in its off-price business helped offset a decline in footfall at its …

Retail

J.C. Penney Will Close 140 Stores, Cut 6,000 Employees in Attempt to Change Its Fate

But will it work like it has for Macy’s?<p>It’s not news that department stores and mall brands are struggling, and this morning, another retailer added itself to the list of those taking major cost-cutting measures in order to survive. J.C. Penney has just announced that it will close between 130 and …

Retail

Retailers Gain on Ecommerce, Discount Channels

Shares of luxury department store Nordstrom Inc. (JWN) are up almost 6% on Friday morning at a price of $46.50 as investors applaud …

Retail

Reformation Opens a Tech-Savvy New Store on Valencia

Make some room in your closet.<p>The much-anticipated opening of San Francisco's first Reformation brick-and-mortar is here. OK, almost: Monday, …

SF Guide

area Macy's slated for closure are no longer taking returns

The frustration showed on Stephanie Orr’s face this week when the Macy’s at Neshaminy Mall turned her down to make a return.<p>The Feasterville resident …

Philadelphia

This Is The 'New' Gap - And It's Fairly Valued At Best

As bearish as I am toward GPS and retail as a whole, Gap had a decent FY16.<p>But I don't know that there's a lot of improvement left, and FY17 guidance …

Stocks

Céline Might Finally Starting Selling Online

Céline has long been one of the remaining e-commerce holdouts in the luxury world, preferring to sell in brick-and-mortar settings. But that might be …

Retail

On Ground Relationships Still Matter More Than Online Presence In The B2B Industry

"The cost of acquiring a customer using an online …is about 25 percent of revenue compared to 5 percent of same revenue in case of offline sales."

Small Business