E-Commerce
April 17, 2017 at 10:48 am
Wal-Mart’s acquisition streak under new e-commerce chief Marc Lore looks likely to continue. The world’s largest brick-and-mortar retailer is in advanced discussions to acquire Bonobos, a 10-year-old men’s fashion retailer based in New York City. Sources say the two sides have agreed on a price — which couldn’t immediately be learned — and that the deal…
April 14, 2017 at 11:42 am
Each new year brings new trends, behaviors, technologies and consumer demands. Most importantly, it brings new opportunities. To seize these opportunities, retailers and e-commerce professionals must not only remain one step ahead of their competitors, but their customers as well. Let’s take a deeper look at some key trends shaping e-commerce marketing in 2017, and…
April 14, 2017 at 9:19 am
Pier 1 Imports has plans to close up to 25 stores over the next year. During the company’s earnings call this week, executives reported net sales decreasing 3.4 percent for the full year, as well as the average number of stores declining 3 percent. Pier 1 operates more than 1,000 stores, and closed four of…
April 13, 2017 at 10:32 am
Wal-Mart is fighting back against Amazon.com. The superstore announced this week that it will offer "pick-up discounts" to U.S. customers on items they order online and pick-up in-store. Online orders picked up in-store already qualify for free shipping, and now this added discount may sway even more consumers to use the service — and take market…
April 13, 2017 at 10:04 am
An apparel line from Victoria Beckham has spiced up sales for big-box retailer Target. Joshua Thomas, a Target spokesman, told the StarTribune online sales for the VBxTarget collection have already broken company records for sales of a design partnership — and that was just over the weekend. The success of the Target-Victoria Beckham partnership is…
April 13, 2017 at 9:00 am
Loot Crate, a pop culture subscription box service, reaches out to prospects with an email-based quiz.
April 12, 2017 at 10:14 am
Wal-Mart is cutting hundreds of corporate jobs this month in an effort to cut costs as it spends billions to improve its e-commerce operations. The cuts fell broadly over the past few days on the international side of Wal-Mart’s business, as well as its technology group and at its warehouse chain Sam’s Club, according to…
April 10, 2017 at 11:36 am
eBags has agreed to be acquired by Samsonite International, the travel luggage maker that once employed most of eBags’ co-founders. Samsonite, which started in Denver and is now based in Hong Kong and Luxembourg, said it would pay $105 million for the Denver-based e-tailer of purses, suitcases and nearly any bag imaginable. The deal is…
April 7, 2017 at 11:56 am
The grocery market is just too massive for innovators and entrepreneurs to ignore. Based on research from Nielsen TDLinx and Progressive Grocer, the U.S. accounted for nearly $650 billion in grocery sales in 2015. Keep in mind that there are no more valuable e-commerce carts than those devoted to grocery. Unlike every other category, this…
April 6, 2017 at 5:03 pm
The grocery market is just too massive for innovators and entrepreneurs to ignore. Based on research from Nielsen TDLinx and Progressive Grocer, the U.S. accounted for nearly $650 billion in grocery sales in 2015. Keep in mind that there are no more valuable e-commerce carts than those devoted to grocery. Unlike every other category, this […]
