One might assume Amazon is the world’s largest e-commerce marketplace and you’d be wrong according to a new report by Digital Commerce 360. Alibaba’sTmall is world’s second-largest marketplace While $2.03 trillion was spent globally on the top 100 online marketplaces in 2019, Amazon managed to ...
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Retail
Retail
Hey Amazon Prime, meet your new membership neighbor – Walmart+. Walmart’s new paid membership program is a direct shot across the bow at e-commerce competitor Amazon Prime and it should provide some interesting competitive benefits for online shoppers. While Walmart is not yet releasing details, ...
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It was inevitable. You can get pretty much Anything-as-a-Service thanks to the cloud. That includes payments, banking, insurance, investment advice, cloud storage, clothing, groceries, and now coffee. That’s right. Coffee-as-a-Service, for just $8.99 a month, courtesy of Panera Bread. Right now, millions of impoverished students ...
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While retail sales started the year on a positive note in-store and online, the threat of Coronavirus is now having a measurable impact on retail sales in addition to the earlier impact on the supply chain from China. Despite the smirking denials on FOX News ...
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Walmart really is a tale of two channels. Annual sales grew 1.9%, reaching $524 billion for the fiscal year 2020 as the company wrestled with the same overhead and profit challenges of many of its retail competitors. The good news is e-commerce sales rose substantially ...
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US consumers are expected to spend more than $27.4 billion this year on Valentine’s Day, an increase of 32% from last year. That’s enough to make many retailers’ hearts grow fonder for sure. The National Retail Federation (NRF) said US retail sales grew 2.7% in ...
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They’ve tried drone deliveries of Slurpees and now 7-Eleven is testing a completely cashierless store at its Irving, Texas headquarters. The fast-food giant announced the pilot in a news release saying a 700 sq ft, non-traditional convenience store is now operating and available for employees ...
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Amazon over-delivered in its Q4 earnings results big time. The online giant reported earnings of $6.47 per share vs analyst expectations of $4.03 per share. It also outperformed on revenue with $87.44 billion, up 21%, compared to market expectations of $86.02 billion. The company said ...
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It’s the end of January. Do you know where your gift cards are? An important question for both retailers and consumers. Surprisingly, only 38% of consumers will likely have used their holiday gift card after one month and by the end of the year, as ...
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Google’s 2019 global shopping insights report shows that consumers are increasingly becoming omnichannel creatures of habit. The implication is that retailers and online sellers need to be very conscious of what the new customer journey looks like and the critical points that influence purchases online ...
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