News

Reverse supply chain management

Consumers choose to change or upgrade their products after using them for a year and a half, even if the devices are still highly functional. A good RSCM partnership will allow the device OEM to focus on what they do best - designing innovative products and getting them out...


Chinese enterprise blockchain startup Nervos raises $28 million

Chinese enterprise blockchain startup Nervos Network has raised $28 million from Polychain Capital and Sequoia China, joined by a long list of other blockchain investment firms including Wanxiang Blockchain, FBG Capital, Blockchain Capital, and Dekrypt Capital. China's blockchain industry has been growing rapidly over the past year and investors...


Retail Excellence suspends Facebook partnership

Retail representative body Retail Excellence has suspended its partnership with Facebook after the expose of practises and content moderation on ......


Retail Is Widening, Not Shrinking

With online on one end and standard retail on the other, consumers are serving as the fulcrum. While one side dips further into digital, the other's traditional significance is losing ground. This isn't to suggest that retail is diminishing - its role is simply in a state of much-needed...


Many Retailers Still Need A "Chief Silo-busting Officer."

It's why, as one of my 7 Steps to Remarkable Retail, I encourage brands to design and execute a "Harmonized" shopping experience. Harmonized retail requires the important aspects of the customer's journey to sing beautifully together, regardless of touchpoint or channel, completely devoid of discordant notes. Unfortunately many retailers...


The False Tale of Amazon's Industry-Conquering Juggernaut

There's no industry that Amazon feels incapable of taking on - not even the Google and Facebook fief of advertising, where Amazon is already bringing in some $2 billion in revenues every quarter. It's a testament to the cultural salience of the publishing industry that the books precedent looms...


How Microsoft is helping big retailers Walmart and Kroger compete with Amazon

Some of the world's largest retailers staring down the juggernaut that is Amazon are turning to Microsoft to use its cloud services and productivity tools to compete, a trend that was on full display at the company's annual Inspire partner conference in Las Vegas this week. As Amazon continues...


How to 'do' Amazon Go on a budget: 5 practical retail tech solutions

According to Deloitte's global powers of retailing 2018 report, which ranks retailers based on their brick-and-mortar performance, the role of stores. "Must be reimagined." It says that an in-store experience will be pivotal in order for retailers to remain relevant during this transformative retail age. Retailers must incorporate advanced...


Price Matching Ain't What It Used to Be

Once upon a time, when retailers distinguished themselves primarily on price and selection, price matching enabled them to reassure customers they were the best place to shop. "More than a hundred years ago, [the] Sears catalog promised the lowest prices on its goods Macy's in the early 20th [century]...


Inside FreshDirect's Big Bet to Win the Home-Delivery Fight

On a typical evening at online grocer FreshDirect LLC's highly automated distribution center in New York City, workers fillet, wrap and label individual orders of harpoon-caught swordfish and then push the packages on a serpentine system of conveyor belts that twists and turns for nine miles through the building....


China's Groupon Is on Offer—at Full Price

Pinduoduo broke into China's e-commerce scene by offering discounts, but buying its growth won't come cheap. Founded by an ex-Googler, Pinduoduo offers group discounts on consumer goods. As of June, Pinduoduo had 344 million annual active buyers-that is, users who had bought at least one item in the past...


Walmart wants us to believe it's turning into a tech company

The latest ventures: Earlier this week, Microsoft and Walmart announced a cloud computing partnership-that is, a collaboration between Amazon's biggest retail and cloud competitors. Then yesterday The Information reported Walmart is planning to launch a video streaming platform that could be priced below what Netflix and Amazon's Prime Video...


Google launches its first WeChat mini program as its China experiments continue

Google is continuing to test new strategies in China after the U.S. search giant released its first mini program for WeChat, the country's hugely popular messaging app. WeChat has become the key distribution channel in China and that's why Google is embracing it with its first mini program -...


eBay Is Conducting a 'Mass Layoff' in the Bay Area

eBay is cutting hundreds of employees, the company has confirmed. In a notice to the California Employment Development Department, eBay said that it plans to slash nearly 300 jobs from Bay Area locations by July 20. The layoffs will span eBay's locations in San Jose, San Francisco, and Brisbane,...


Why China Will Soon Challenge Silicon Valley

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other...


China's Didi seeks a $1.5 bln spin-off

>> Chinese ride share giant Didi is set to spin off its car services unit in a deal that could be worth $1.5 billion. A number of Reuters sources said the deal would happen ahead of Didi's expected IPO later this year. The company bought out Uber's local operation...


WeWork's Meat Ban Tells Us Who They Are

WeWork Cos., the SoftBank Group Corp.-backed startup that rents out co-working and office space, recently told. Its 6,000 employees worldwide that it won't pay for any meals that include red meat, poultry or pork. "New research indicates that avoiding meat is one of the biggest things an individual can...


Amazon Says Prime Day Glitches Not Related To AWS

Widespread glitches that marred the fourth annual Amazon Prime Day shopping event were not related to Amazon Web Services, an AWS spokesperson told CRN Tuesday. Problems first arose at 3:04 pm Eastern-just four minutes after Amazon Prime Day officially kicked off on Monday. Glitches were reported concurrently on the...


UPS is testing an Amazon Key-style delivery program in New York

UPS has been quietly testing a program that lets the shipping service deliver packages inside multi-unit homes while occupants are out. The service utilizes smart locks created by Latch, a New York-based smart lock startup that teamed with Jet late last year. The move is clearly an attempt for...


As Bezos Becomes Richest Man in Modern History, Amazon Workers Mark #PrimeDay With Strikes ...

Amazon CEO Jeff Bezos has just become the richest man in recorded history-surpassing $150 billion in net worth-thanks to his business model of subjecting employees to low wages, brutal working conditions, and scant benefits, and on Tuesday Amazon workers throughout Europe are marking "Prime Day" by walking off the...