E-Commerce
March 14, 2018 at 5:22 pm
As a leader in the “ready to assemble” cabinetry industry, The RTA Store has withstood the test of time by creating strong customer loyalty. The products that The RTA Store sells typically aren’t impulse purchases. Rather, buying cabinetry is often viewed as an expensive and time-consuming part of creating and maintaining a household. Customers, who…
March 14, 2018 at 12:14 pm
February retail sales increased 0.3 percent seasonally adjusted over January and 4.4 percent year-over-year as the economy continued to grow, the National Retail Federation (NRF) said today. The numbers exclude automobiles, gasoline stations and restaurants. The three-month moving average was also up 4.4 percent over the same period a year ago, and the results come as…
March 13, 2018 at 1:29 pm
DSW Inc. announced today a plan to shutter its Ebuys division. DSW acquired the e-commerce off-price footwear and accessories company in February 2016 for $62.5 million upfront, plus additional payments. After a strategic review of the Ebuys business, DSW has chosen to liquidate all inventory and assets. It expects that process to be completed in early 2018. Total…
March 12, 2018 at 11:57 am
Blue Pool Capital, a financial firm that principally invests the wealth of Alibaba founders Jack Ma and Joe Tsai, has invested $20 million into the women’s clothing rental business Rent the Runway, according to a report in Recode last week. Reportedly, the funding…
March 6, 2018 at 10:55 am
The 2017 Merchant Gift Card E-Commerce Evaluation Report, sponsored by CashStar, is the analysis of the assessment conducted by NAPCO Research from July 2017 through August 2017. The cross-platform assessment evaluated 100 top merchants from the U.S. and Canada across several categories on 98 criteria, including the consumer purchase and recipient experience of digital and…
March 5, 2018 at 12:16 pm
Adobe estimated that online retailers would sell $107.4 billion in merchandise over the 2017 holiday season. The good news is speed optimization to top e-commerce sites helped increase 2017 holiday revenues by $1.5 billion. Leading up to Q4 of 2017, we saw online retailers invest heavily in preparation of the upcoming buying frenzy. In fact,…
March 2, 2018 at 11:24 am
Justin Sellman is the vice president, e-commerce and digital strategy at GHURKA, a luxury leather goods retailer. We spoke with him to get his perspective on how luxury retail has adapted to e-commerce and where he sees retail headed. Avenue Code: What changes have you seen in consumer behavior in the last five years to 10 years,…
March 1, 2018 at 2:11 pm
In this webinar, you’ll learn the ideal way to structure your business for the future of “commerce”.
March 1, 2018 at 12:37 pm
In a keynote presentation at eTail West in Palm Springs, Calif., earlier this week, Noam Paransky, senior vice president, digital, Gap Inc., detailed how the retailer has transformed its organization to better position itself to serve today’s omnichannel consumers. Gap was one of the first mall-based retailers to have an e-commerce site, launching in 1997.…
February 28, 2018 at 6:28 pm
In this report, Coresight Research showcases the findings of its recent online survey of U.S. consumers, a sizable proportion of whom had bought clothing or footwear on Amazon during the past 12 months. The report explores how many U.S. consumers are buying apparel on Amazon, which retailers these shoppers have switched their spending from, what clothing and footwear brands and categories they're buying on Amazon, their attitudes toward Amazon Fashion and its offerings, and where else, besides Amazon Fashion, they shop for apparel.
