It has been a great couple of days for Amazon investors as cooling inflation data triggered a bounce in its sagging stock that hadn’t been seen in months. Notably, Walmart did not participate in that short-term rally, but its value prop and long-term prospects continue...
Fast-fashion eCommerce retailer Shein is reportedly preparing to open its first brick-and-mortar location. The two-story showroom is to open in Tokyo Sunday (Nov. 13), Bloomberg reported Thursday (Nov. 10). Located in the Harajuku district, a popular destination for fashion-oriented shopping, the Shein store will include...
It seems that 2022 is shaping up as the year social selling got its act together, or at least came to the front of the store. This, as a flurry of recent developments in digital commerce and seamless payments have not only shown the mass...
China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Analysts expect that the increases in gross merchandise value (GMV) seen by eCommerce firms that have...
Recall the bleak summer of 2020, when you’d have thought Main Street small to medium-sized businesses (SMBs) would be extinct by year’s end. It was understandably pessimistic, but it didn’t account for the sheer tenacity small business owners have repeatedly shown. As part of the...
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...
Gone are the days when retail innovation efforts were limited to increasing the convenience offered to in-store shoppers. Today, the pandemic-induced digital transformation has heightened merchant awareness around frictionless online shopping experiences and the importance of technology in fostering eCommerce growth. “We’re morphing away from...
Aiming to establish a new way to reach potential customers, Gap has created a store on Amazon. Launched with Amazon Fashion in the United States and Canada, the store includes Gap-branded apparel for adults, teens, kids and babies, as well as babyGap-branded nursery furniture and...
Amazon is evaluating its Alexa business as the company joins other Big Tech firms in making cost-cutting measures in the face of an economic downturn. That’s according to a report Thursday (Nov. 9) by the Wall Street Journal, which cites internal Amazon documents that show...
