International Strategy
April 25, 2018 at 12:58 pm
“What do consumers want?” It’s a question that plagues retailers. And how accurately they can answer it has a tremendous impact on how they compete in the marketplace. With e-commerce and digital channels paving the way for retailers to expand their businesses to other countries, retailers also need to consider consumer preferences and expectations in…
April 19, 2018 at 4:31 pm
Amazon.com has launched a new feature within its shopping app for iOS and Android users to cater to international customers shopping for U.S. goods, according to a report from Reuters. The feature, which was announced late on Tuesday, will enable users to shop in five languages, including English, Spanish, Simplified Chinese, German, and Brazilian Portuguese, and will be…
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 8, 2018 at 11:00 am
By now, you’ve heard of the resounding success of the 2017 retail holiday shopping season that shattered countless records. Black Friday and Cyber Monday generated more than $11.5 billion in revenue, while Cyber Monday became the largest online shopping day in U.S. history. To help guide retailers looking to replicate that prosperity in 2018, our…
February 22, 2018 at 11:56 am
Coming off of a strong holiday season for retail, it's a good time to look for ways to continue the momentum in 2018. Technology is providing incredible new ways for retailers to connect with customers and to understand and anticipate new ways to offer improved shopping experiences. E-commerce is extending retailers reach to buyers well…
February 19, 2018 at 12:40 pm
Driven by continuous changes in technology and consumer behavior, retail’s survival is dependent on the industry’s ability to adapt to the customer journey and accommodate the blurred lines of shopping. However, with Amazon.com disrupting the industry, store closures being announced regularly, and the phrase "retail apocalypse" continuing to permeate the headlines, it's unlikely consumers will…
December 22, 2017 at 9:46 am
Do small and new online retailers have a chance to succeed anymore? Industry analysts say that 2017's parade of acquisitions by major retailers — Whole Foods by Amazon.com, Kate Spade by Coach, HSN by QVC, among others — are making it harder for smaller retailers to survive. How can SMB sellers compete with these players’ same-day…
November 10, 2017 at 10:34 am
This Saturday, Nov. 11, the Chinese e-commerce giant Alibaba will hold its annual Singles Day event, which last year grossed $17.8 billion (USD) in sales, up from $14.3 billion in 2015, according to a report from Fung Global Retail & Technology (FGRT). The 24-hour phenomenon has quickly become the world's largest shopping day, consistently surpassing…
November 9, 2017 at 1:10 pm
With the holiday season upon us, merchants across the nation have been preparing for one of America’s most busy shopping days: Black Friday. While Black Friday is a key moment in time for merchants to rake in sales, they have the opportunity to kick off their holiday sales even earlier this year thanks to the…
