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News

It’s the Walmart Way at Flipkart after the Bansals

Walmart acquired 77% of Flipkart paying $16 billion in May to get a stronghold in the e-commerce space, an area which it has struggled to build a presence. "Back then Flipkart didn't have Walmart to back it," said a Flipkart executive, who wanted to stay anonymous. "Flipkart continues to...


Amazon's treatment of sellers comes under scrutiny in Germany

BERLIN - Germany's antitrust authority has launched an investigation into whether U.S. ecommerce giant Amazon is exploiting its market dominance in its relations with third-party retailers who use its website as a marketplace. The move comes as European regulators have been taking a tough line on U.S. tech giants...


Nouriel Roubini on Amazon's new blockchain services; says it is a centralized database

This service by Amazon supports two blockchain frameworks, Ethereum, and Hyperledger Fabric. Jassy spoke at ReInvent 2018 conference and said:....


Amazon Personalize, Forecast bring Amazon.com's AI techniques to AWS customers

Amazon Web Services on Wednesday introduced a new set of tools that bring cloud customers the same AI capabilities that power Amaon.com, in the form of an API. Amazon Personalization is a real-time personalization recommendation service, while Amazon Forecast offers time-series forecasting. For Amazon Personalize, customers give Amazon a...



Technology is giving China's retail sector a lead over its global peers, says JD.com vice president

Jun Yang, co-founder and CTO of Dada-JD Daojia said that he strongly believes that China's e-commerce market will grow further as more consumers shop online. Innovation in the domestic retail industry has led to newer ways for businesses to sell their products to consumers, including via online and offline...


Future of retail may see consumers dealing directly with manufacturers, predicts CEO of Intime

In the future for retail, power will shift from seller to buyer, retailer to manufacturer, CEO to a staff in store, predicts Intime CEO Chen Xiaodong. If one CEO's outlook holds up, offline retailers may have a very limited future. The consumer will deal directly with a manufacturer, potentially...


Brooklyn has become a bright spot for city retail

In a glass-half-full kind of way, Brooklyn has become a bright spot for city retail, with average asking rents on ground-floor spaces up in seven of the 16 shopping corridors. Along North Sixth Street, as highlighted by The Post in October, rents went up 8 percent, to $251 per...


Interview with Fitzroy CEO Stefanie Botelho on the role and future of marketplaces in offline retail

In this interview at the shop.org conference I spoke with Stefanie Botelho CEO of Fitzroy on how she is aiming to "Make wholesale fun" for speciality retailers. Fitzroy is online wholesale for buyers looking to stock well chosen goods for little ones. Fitzroy pulls together a well rounded assortment...


How three middle school pals built the software that feeds the Super Bowl

How three middle school pals built the software that feeds the Super Bowl - Los Angeles Times. Roper, the technology guy on the team, took one class at UCLA, dropped out and then started working for Apple Inc., before joining the Red Bull Stratos team in Roswell, N.M., where...


Ready for the holidays: Small retailers like Main Attraction bank on open houses

When a customer walks into the retail shop, the seemingly cluttered displays actually convey unified themes based on a type of product, a time period ......


McGill University Opens Bensadoun School of Retail Management

That's a major reason his family foundation donated $25 million to help found the Bensadoun School of Retail Management at McGill University, which will serve as a hub for the academic institution's research around the retail sector, in addition to educating the next generation of retail talent. The need...


Interview with Bob Negen CEO of WhizBang Retail Training on how to help SMB retailers survive and thrive in the digital age and e-commerce

WhizBang! Retail Training on how to help SMB retailers survive and thrive in the digital age. Independent retailers or mom and pop stores as we also know them are a foundational part of the global retail community and industry, and perhaps some of the most stressed members of this...


In one of Latin America’s largest deals, Movile raises $400 million for its iFood delivery business

The Brazilian technology conglomerate Movile has just raised one of the largest rounds ever recorded for a Latin American startup, pulling in an additional $400 million for its iFood subsidiary from existing investors, including Naspers and Innova Capital. The company is on its way with estimated revenues more than...


Mercaux Raises £3.5M in Series A Funding

Mercaux, a London, UK-based SaaS retail technology platform that powers digital in-store experiences for offline retailers, raises £3.5M in Series A funding. In conjunction with the funding, Carles Ferrer, Nauta Capital's London-based General Partner will be joining Mercaux's board. The company intends to use the funds to accelerate its...


This is the fastest growing retail channel among Americans

This is the fastest growing retail channel among Americans ... Another retail CEO is coming under fire based on allegations that coincide with the ......


Interview with Bob Negen CEO of WhizBang Retail Training on how to help SMB retailers survive and thrive in the digital age and e-commerce

WhizBang! Retail Training on how to help SMB retailers survive and thrive in the digital age. Independent retailers or mom and pop stores as we also know them are a foundational part of the global retail community and industry, and perhaps some of the most stressed members of this...


Why the future of Chinese e-commerce is in its rural areas

The older demographic of China's population, typically living in the Western rural areas of China, presents immense growth potential for e-commerce retailers, with the 60+ demographic numbering 241 million, representing nearly 20 percent of China's total population. Lack of technological development in rural Chinese areas is another reason why...


What private equity investments in transportation and logistics could mean for you

A growing number of private equity firms are buying transportation and logistics companies. Private equity firms are moving into the transportation and logistics space in a big way. Other firms, such as Headhaul Capital Partners, Greenbriar Equity Group, and Supply Chain Equity Partners, also maintain a specific focus on...


CircleCI launches Orbs, a package manager for software delivery automation

That partner program mostly sets the stage for Orbs. The idea behind Orbs is to give the company's users the ability to share their preferred CI/CD configuration across teams and projects by allowing them to package their commands, executors and jobs into a few lines of code. For new...