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How Retail Stores Are Beginning To Adapt
One of the stores jumpstarting the effort is Naadam, whose hero product is cashmere sweaters. The two stores sell the same product but one is about an ethical, sustainable supply chain and the other is about a social and political message. The Lingua Franca store is also interesting because...
Can Luxury Brands Capture the Billion-dollar Opportunities in Travel Retail?
The global travel retail market, encompassing airports, 'downtown' stores and cruise ships, is expected to reach $85 billion by 2020, up from approximately $70 billion in 2017, according to Generation Research. As the industry grows, tremendous opportunities are springing up for brands and retailers. The 2018 Trinity Forum, being...
The ups and downs of the life of Gilt Group, interview with Triangle Capital partner Richard Kestenbaum
Richard is a co-founder and Partner of Triangle Capital and has been an investment banker for over 35 years. Richard has a great deal of experience advising clients in merchandising businesses, particularly in the Retail & Consumer sector. Richard is an often-quoted expert on the retail and merchandising industries....
E-commerce is winning the holidays — and killing Black Friday
Americans are spendings less and less money in brick-and-mortar stores during the run-up to the holidays, shunning the crazy lines they once formed outside big-box stores on Black Friday. The big picture: Shoppers plan to spend 57% of their budgets online but just 36% in physical stores, per a...
Beating Bezos: Top online retailers are winning shoppers by offering what Amazon can't
Successful online retail start-ups Rent the Runway and Revzilla say the key is to accept that it is impossible to compete with Amazon on overall selection and price. The first step in online retail success: Accept there are some things that Amazon does that your company could never possibly...
Consumers want holiday-shopping convenience and stores that supply it will cash in
With unemployment low, consumer confidence high and businesses starting to reap the rewards of investments in everything from people to technology, experts say retailers and brands should have a good holiday season. "We would expect everyone to have a really good year," said Rod Sides, Deloitte's retail practice leader....
Tech giant faces crucial decision over Saudi ties
An international tech giant is facing tough scrutiny over its ties to Saudi Arabia after the killing of a dissident journalist. Japanese technology conglomerate SoftBank has been silent over the controversy even as scores of other companies have moved to distance themselves from Saudi Arabia. The company has been...
Big in Japan: WeWork sees the country as its biggest opportunity for growth
Big in Japan: WeWork sees the country as its biggest opportunity for growth. The co-working company wants to have 10K users in Japan by the end of the year. WeWork is targeting Japan, with its notoriously harsh work culture, as one of its prime international markets for growth. "When...
Amway Takes Flipkart to Court Over Illegal Sale of its Products
American giant Amway, which specialises in health, beauty, and home care products, has reportedly sent a notice to homegrown e-tailer Flipkart for allowing Amway's direct sale representatives for selling its products 'illegally' on its platform. The company said it had earlier sent notices to Flipkart asking it dismiss such...
The Amazon Fashion Pop-up You NEED to Visit
Amazon, the king of of convenient shopping, is hosting its first ever UK pop-up shop in London! The Amazon Hosts Fashion pop-up will also provide different experiences every day. For the duration of the pop-up, all products can be purchased in store, or virtually using Amazon's 'SmileCode' scanning technology...
Macy's offers virtual reality experience in 70 stores
Macy's and Marxent today announced that the companies' partnership is the largest virtual reality rollout in retail history, with approximately 70 Macy's ......
The ‘Amazon of bulky goods’ launches in Australia
Auckland-based e-commerce platform launches in Australia.
The post The ‘Amazon of bulky goods’ launches in Australia appeared first on Internet Retailing.
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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
Interview with Bob Negen CEO of WhizBang! Retail Training on how to help SMB retailers survive and thrive in the digital age....
E-tailers experience 'oribble October as Black Friday looms
October saw UK online retail sales experience their lowest September growth (+7.5% YoY) since 2014, according to the latest IMRG Capgemini ......
JD.com Launches Parcel Delivery Business
SHANGHAI, China - Chinese e-commerce firm JD.com Inc said on Thursday it was launching a parcel delivery business, a move which could help the firm leverage its network of warehouses and drivers to bolster flagging profits. The shift pits JD.com into greater competition with major rival Alibaba Group Holding...
How Clothing Stores Are Driving Retail Innovation
To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. Clothing stores, in particular, are trying out ......
Victoria's Secret Sets Retail Expansion in Italy
Victoria's Secret Sets Retail Expansion in Italy. The L Brands-owned lingerie and beauty retailer is unveiling a store in Rome in 2018 and is said to ......
Why megabrands come shopping for Israeli retail technology
Amazon, Adidas, Nike, eBay, Walmart, Best Buy – the world's retail giants are lining up to buy the Israeli technologies now reinventing commerce....
How Clothing Stores Are Driving Retail Innovation
Clothing stores, in particular, are trying out new ways to showcase and sell items. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. Clothing and apparel stores had an average index score of 45.3. Dick's Sporting Goods is stepping up its omnichannel efforts after...
4 surprising facts about retail's new entrepreneurs
You likely know that retail is evolving. Retailers are increasingly engaging in new forms of customer engagement, new store concepts and bold new ......