News

Killing JC Penney: Can The Iconic Retailer Be Saved?

The downfall of JC Penney began on October 7, 2010, when investors Steven Roth, head of the REIT Vornado, and Bill Ackman, the head of hedge fund Pershing Square Capital, teamed to buy more than 26% of JC Penney's stock. The board at JC Penney wanted a CEO to...


What Small Retailers Can Learn From the Industry's Push Towards AI and Big Data

Improved in-store services and experiences will keep brick-and-mortar stores afloat, but only if retailers look to new and innovative ways to re-engage with customers. By taking notice of this industry shift, retailers large and small can use emerging technologies to enhance individual in-store experiences, increase inventory specialization, and -...


The Brilliant Ways Kimberly-Clark Uses Big Data, IoT & Artificial Intelligence To Boost Performance

Here are a few ways Kimberly-Clark is using big data, the Internet of Things and artificial intelligence in their operations. There are six categories the competition focuses on including data and predictive analytics, cyber security, omnichannel shopper experiences, IoT/wearables/connected devices, supply chain/operations solutions and content and media experiences. Kimberly-Clark...


Hudson's Bay pulls Ivanka Trump brand, citing 'performance'

Hudson's Bay Company has pulled all items in Ivanka Trump's fashion line from its website. The Canadian retail group, which owns such divisions as Lord & Taylor and Saks Fifth Avenue, attributed the decision to the brand's poor performance. "Hudson's Bay is phasing out this brand through the fall...


Retailer soapbox: Is it becoming harder to survive as an independent retailer?

There are three main reasons that retailers are finding it harder for to stay profitable, according to Cambridgeshire-based Nisa retailer Ash Puntambekar. Ricky Sharma, owner of Thrifty's - a small group of six independent c-stores based in the north-west of England - believes there are plenty of ways around...


Superstores removing product lines to compete with discounters, finds study

The study revealed the typical discount retailer has 7,500 SKUs, compared to 30,000 for a traditional supermarket. The research found that as a result of streamlined product lines, SKU count will reduce by 10% on average for grocery suppliers, due to in-store rationalisation and reduced demand for promotional SKUs....


Tech Vendors Offer 'Prime Day' Tactics for Taking On Amazon

As consumers ready themselves for big deals on Amazon Prime Day, technology vendors and consultants said there are tactics and strategies that ......


Small retail's biggest champion

You are the 2017 America's Retail Champion of the Year. Having won this award means I'm even more encouraged to speak the truth about what it means to be a small retailer. We work hard every day, we are responsible for providing many students their first jobs and we...


Amazon Go's auto-checkout challengers are piling up–meet one of the most ambitious

Amazon Go, the e-commerce giant’s automated checkout project, is just preparing to open its second convenience store. But like the Soviets’ launch of tiny Sputnik in 1957, Amazon Go’s 2016 debut is already fueling a (retail) space race. The latest company to launch is Israel-based Trigo Vision, which officially emerges...


Sonos IPO filing reveals Amazon’s incredible leverage over speaker maker, declining profitability

Sonos, the maker of wireless and voice recognition speakers, may seem to a casual observer to be in the prime position to ride the surging smart speaker trend. But Sonos’ initial public offering document revealed a critical flaw in its business model, which subjects it to Amazon’s whims on what the...


Snapchat is building an Amazon-linked visual search

This story was delivered to Business Insider Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Snapchat is working on a visual product search feature that would allow users to press and hold an item on screen and then be directed...


Rakuten, RapidAPI to launch API marketplace for Japan, APAC

OK For optimum operation, this website makes use of cookies. For more information click here...


Do you agree with the dress that the Amazon Echo Look picked?

The Amazon Echo Look is like your mini personal stylist. It takes photos of your outfits and the app will tell you which outfit looks better and offer suggestions for other items to pair with your outfits....


Xiaomi passes Chinese internet giant JD.com's market cap within three days of listing

For the first time albeit briefly, Xiaomi passed JD.com in market capitalisation on Wednesday, as it aims to join the league of China’s biggest internet players such as Alibaba Group Holding, Tencent Holdings and Baidu. Xiaomi jumped by up to 4 per cent to a high of HK$19.8 on Wednesday morning,...


Marriott , Alibaba JV starts trials of facial recognition check-in China

The Joint Venture of Alibaba Group and Marriott International today announced it is spearheading Marriott International's facial recognition check-in ......


Looking for Something Worn on Your Favorite TV Show? There's an eBay Shop for That

Meet the sellers flipping secondhand clothing seen on shows like "Gossip Girl" and "The Vampire Diaries." If you follow me even remotely, either here on Fashionista or on my various social media channels, you know that I'm, well, kind of obsessed with Blair Waldorf (Leighton Meester). It's a (one-sided) love affair...


Trends that will Shape India's E-commerce in 2020

As per statistics, e-traffic through mobiles will be 6 billion by 2020 and this is the future of the market July 11, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India’s e-commerce market recently was center of a lot of...


Amazon's Prime Day Vs. Alibaba's Single's Day: Are They Any Different?

How does Amazon's Prime Day, held this year on July 16, compare to Alibaba’s Singles' Day, the largest e-commerce shopping day in the world? These two extravaganzas are not just carbon copies; each has its distinctive architecture and strategy, reflecting differences in both the two markets they serve as well...


Amazon Goes on the Offensive to Counter Walmart in India

American e-commerce giant Amazon (NASDAQ:AMZN) was having a great run in the Indian e-commerce space thanks to its huge financial muscle, which allowed it to spend freely on things like faster delivery options. In fact, Amazon managed to carve an estimated 31% share of this market in just five years,...


Walmart Plans to Acquire Indian Tech Startups

After its successful merger with Flipkart, Walmart is now looking for tech acquisitions in India. According to reports, its tech acquisitions will be of a much smaller size. The company is mostly looking for acqui-hires and niche tech-product start-ups. Acqui-hiring refers to the practice of buying a company in a cut-price...