International Strategy
According to Ipsos PayPal Insights 2016, $6.7 billion was spent in global cross-border sales in 2016. As the U.S. continues to be the top export country for consumers from all over the world, it's important for U.S. merchants to make selling overseas a top priority for 2018. Despite the tremendous growth opportunities in the global…
Amazon.com has been ordered to pay 250 million euros ($294 million) to Luxembourg after the European Commission (EC) found that the online retailer received illegal tax benefits. The EC says Amazon received tax advantages between 2006 and 2014 in the country without any "valid justification." Margrethe Vestager, the EU's commissioner for competition, said in a statement,…
Fanatics, a leader in licensed sports merchandise, has appointed global e-commerce and brand executive Steve Davis as president of Fanatics International. Davis has over two decades of experience in retail and e-commerce. Most recently, Davis served as the CEO of Rue La La. Reporting to Fanatics CEO, Doug Mack, Davis will be responsible for leading the…
An overwhelming majority (95 percent) of U.S. consumer goods and retail CEOs are confident about the growth outlook for the global economy, the industry and their companies over the next three years, despite potential technological risks, according to a recent survey by KPMG LLP, the U.S. audit, tax and advisory firm. In other parts of…
Global e-commerce leaders are winning in China by revisiting their early “hands off” strategies in favor of a more direct approach that includes a growing number of key players. Instead of just prioritizing growing sales, winners are stepping back to focus on profitably scaling online retail operations in China. Via our China E-Commerce online survey…
It's estimated that cross-border online B-to-C sales will more than double in the next five years. With over 90 percent of the global population under 30 years of age living in emerging markets, and e-commerce in these economies growing twice as fast as in most developed markets, U.S. retailers would be remiss if they didn’t…
This year has been a tough one for the retail industry. Retail bankruptcies and store closings are on a record pace, and a number of companies (Wet Seal, The Limited, hhgregg) have gone out of business altogether. The role of traditional brick-and-mortar retail is changing drastically. To keep up with new digital-first consumers, brands need…
There was a time when the mighty shopping mall conquered all. However, U.S. retail has reached a tipping point. As more chain stores close, such as Sports Authority and American Apparel, consumer apathy towards once shiny malls is increasing and new thinking about the delivery of the retail experience is needed to encourage spending and…
There was a time when the mighty shopping mall conquered all. However, U.S. retail has reached a tipping point. As more chain stores close, such as Sports Authority and American Apparel, consumer apathy towards once shiny malls is increasing and new thinking about the delivery of the retail experience is needed to encourage spending and […]