International Strategy
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…
November 7, 2017 at 4:50 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 […]
October 18, 2017 at 9:27 am
When domestic success is achieved for a retailer, the common next step is to consider expansion internationally in order to scale the operation. Achieving home success with customers is likely the result of years of research, investment and hard work, so it’s vital that a retailer doesn’t take this bold next step lightly. International expansion…
October 13, 2017 at 5:18 pm
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…
October 6, 2017 at 12:07 pm
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,…
October 4, 2017 at 2:37 pm
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…
October 4, 2017 at 12:06 pm
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…
