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News

Japanese Internet Giant Rakuten Buys Crypto Exchange

The Japanese e-commerce and online trading giant Rakuten has bought the Japanese cryptocurrency exchange Everybody's Bitcoin. According to the official Raukten announcement, its subsidiary Rakuten Card acquired 100% of the Tokyo-based exchange. Rakuten notes that the decision to acquire a cryptocurrency exchange comes in response to the rising interest...


Second Amazon Go store opens its doors

Amazon.com Inc. has opened its second Amazon Go convenience store, with two more on the way. The company confirmed that it opened a 1,450-square-foot Amazon Go store yesterday in downtown Seattle at 920 5th Ave. Amazon declined to provide additional details about the new Amazon Go. According to published...


Can another messaging app survive in the land of WeChat?

In the past week, for the first time in a long time, Chinese internet users have shown interest in a new messaging app. Bullet Messaging was launched last week at its backer Smartisan's product event, and since then, the app has stayed at the top spot on China's iOS...


JD Turns To Walmart, Google For International Expansion Help

JD.com, a Chinese eCommerce company, is tapping Google and Walmart to help it expand outside China. Bloomberg, citing an interview with Richard Liu, the head of JD.com, reported Liu is in the initial stages of planning with Google to lure customers outside the country. Walmart is working with JD.com...


Amazon's aggressive push into entertainment

Three reports out Tuesday suggest that Amazon is pushing harder to corner the entertainment sector, with plans for a free TV streaming app, a live television recorder and a new slate of content deals with two of Hollywood's biggest movie studios. Why it matters: One of Amazon's fastest-growing business...


NRF exec: Tariffs threaten economic recovery

Retail sales are up and companies are booking higher profits because of tax cuts, but Trump administration tariffs on Chinese imports, and the possibility of further tariffs, could put a serious damper on the economy, said David French, NRF's senior vice president of government relations. "We're concerned that there...


Sari-sari stores seen as portals to Philippines' cashless future

MANILA - Millions of sari-sari stores can serve as gateways to cashless transactions, helping convince Filipinos to drop cash as their payment mode of choice, a financial services provider said Thursday. TrueMoney has deployed 16,000 basic point-of-sale terminals to as far as Tawi-Tawi on the Philippines southern tip, with...


Armory lands $10M Series A to bring continuous delivery to enterprise masses

Software development certainly has changed over the last several years, going from long cycles between updates to a continuous delivery model. The concept is actually called CI/CD or continuous integration/continuous delivery. "Spinnaker would become an emerging standard for enabling truly multi-cloud deployments at scale. Instead of re-creating the wheel...


Supply Chain Management: Focus on Logistics

In this special digital edition from Supply Chain Management Review, we're bringing together the best of our recent stories on logistics, ranging from how to get better 3PL bids to ways to compete with Amazon on logistics to a look at autonomous vehicles. We hope you'll find them useful...


Interview with Goodwill Industries International Director of online and mobile on managing an omni-channel retail experience with a purpose.

In this interview I sepak with Adam Stiska Director of Mobile and Digital Strategies at Goodwill Industries International on managing a multi-stakeholder commerce and online technology strategy. One of the hidden gems in retail is the "Thrift" sector where the dynamics of sourcing, inventory management and discovery are fundamentally...


Cramer: Williams-Sonoma shows how retail can win

Williams-Sonoma is the perfect example to explain how retailers are surprising investors in spite of pressure on the industry, according to CNBC's Jim Cramer. The kitchenware and furniture seller is the latest in a long list of retailers that includes Target and Walmart to report strong quarterly earnings. Despite...


Online habit grows as shoppers seek grocery ‘inspiration’

It shows that 56% of people go online "For inspiration" before they buy groceries while 60% do it before picking up food or drink from a sandwich chain or coffee shop. The online habit is even more pronounced in some high-value categories such as home improvement and electronics. The...


Op-Ed | How Indie Brands Can Create Connection in the Age of Amazon

NEW YORK, United States - This summer, Amazon is launching a shot across the bow of the indie beauty industry with the kick-off of its indie beauty shop, a marketplace featuring emerging beauty brands that are at least 50 percent independently owned. Is it the right kind of visibility?...


Retailers are hot again — here are the earnings and sales winners

But all of a sudden retailers are reporting surprising news: Consumers have ramped up spending, which has sent their sales, and shares, soaring....


Shaping the future of retail through edge IT

Retail CIOs' dilemma boils down to the age-old 'cost versus innovation' debate. Nick East, CEO of Zynstra asks: how can they optimize their efficiencies while simultaneously delivering innovation? 

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'A resurgence of physical retail': Retailers report upticks in store sales

It wasn't too long ago that analysts bemoaned the onset of the “retail apocalypse,” but retail earnings reports coming out in the past two weeks have ......


Ross Stores On Tap Amid 'Best Retail Earnings Quarter In Eight Years'

Amid a good year for retail, one that Retail Metrics calls the "best retail earnings quarter in eight years," Target (TGT) and Williams-Sonoma (WSM) ......


Retailers Must Optimise Omnichannel; Mobile for Millennials

Over half of shoppers in the UK believe that retailers need to offer a more seamless experience between online and offline commerce to retain their custom, according to research by PushON. The research shows that retails should invest in technology that enables a better omnichannel experience. For more than...


Lessons In Global Supply Chain Management

It's widely accepted that a chain is only as strong as its weakest link – and based on the past few weeks, it appears some global supply chain links are ......


Alibaba's Revenue Jumps 61 Percent

Heavy spending in new areas has helped spur growth at the expense of profit margins as Alibaba reduces its reliance on a core e-commerce business facing increased competition from JD.com and Pinduoduo....