International Strategy

Office Depot agreed to sell its European business to the Aurelius Group, helping sharpen its focus on the North American market after its failed merger with Staples. The deal will be structured as an equity sale for “nominal consideration,” Boca Raton, Florida-based Office Depot said Friday in a statement. The European unit has annual revenue of…

Omnichannel is a term merchants can’t avoid. Industry experts are clamoring for retailers to deploy a cohesive shopping experience across all channels. The entire strategy is contingent upon blurring lines, providing consumers a multitude of options and enabling them to interact with a retailer’s brand every step of the way. However, true "total commerce" extends…

If you’re launching an e-commerce site in a developing market, it’s critical to get a foothold as quickly as possible to maintain cash flow. But doing so requires a deep understanding of the intricacies of the local infrastructure and consumer habits. By performing thorough market research, you'll have a better understanding of the specific challenges…

Last week, Britain made history with its vote to leave the European Union. In the coming months, British and European leaders will begin negotiating the terms of Britain's departure. One thing is for sure: Britain's exit will affect the British economy, immigration policy, and lots more. And while it will take years for the full…

Wal-Mart is reportedly in discussions to sell its online e-commerce platform in China — Yihaodian — to JD.com, the second-largest online retailer in China after Alibaba Group Holding Ltd. The exact terms of the deal were unclear and discussions remain ongoing, but insiders said it could include a broader partnership between Wal-Mart and JD.com. Total…

As Indians increasingly move to e-commerce to do their shopping, Amazon.com is giving domestic companies a big reason to worry. Company CEO Jeff Bezos on Tuesday announced that his company will be investing an additional $3 billion in India. This takes Amazon's total investment in the country to $5 billion. India's e-commerce space continues to grow, and…

Historically, Apple hasn't been shy about its inclusivity and support of LGBT rights. Most recently, on Mother's Day, it debuted an ad featuring a same-sex couple. But the company has come under fire recently for being selective about where it's preaching support for gay rights. The Guardian and 9to5 Mac recently reported that new cuts…

While eBay continues to build out its core marketplace for physical goods, it’s also investing to expand its other businesses and brands, too. Yesterday the company announced that it has acquired Ticketbis, an online ticket marketplace based out of Bilbao, Spain, which it plans to roll into StubHub, its own ticket marketplace. The deal will…

Gap Inc said it would shut 75 Old Navy and Banana Republic stores in overseas markets as the struggling apparel retailer focuses on North America to revive its fortunes. Shares of the San Francisco-based company were up 4.2 percent in after-hours trading on Thursday. The store closures include all its 53 Old Navy outlets in Japan, the…

As your company expands its e-commerce efforts into international markets, understand that your global websites must do more than speak the language. You need financial fluency, too — i.e., a clear understanding of your new customers’ buying habits, particularly their preferred payment platforms. MotionPoint Corporation localizes e-commerce sites for retailers around the world. Based on…