International Strategy
November 25, 2015 at 12:20 pm
A U.S. investigation into potential foreign bribery by Wal-Mart Stores Inc. has unearthed evidence of possible misconduct by the retailer in Brazil, after investigators found little to support the sweeping allegations involving Mexico that initially prompted the probe, according to documents and people familiar with the matter. Federal prosecutors are examining $500,000 in payments that…
November 25, 2015 at 12:16 pm
Target Corp. and RioCan Real Estate Investment Trust, one of the retailer's former landlords in Canada, have settled a dispute over the leases the retailer left behind when it scrapped its ill-fated international expansion. The Wall Street Journal reported on the $99 million deal, which covers 18 leases between Target and RioCan and its partners.
November 18, 2015 at 10:07 am
Yet more news of closures at Groupon, the daily deals and local commerce platform. TechCrunch has learned and confirmed that the company has ceased operations immediately in four more countries, all in Europe, where its business has been in decline: Sweden, Denmark, Norway and Finland. The news comes amid a difficult period at Groupon, which has…
November 10, 2015 at 10:40 am
A host of retailers are working with Dealmoon.com to get in on the largest Chinese shopping day of the year. Although lesser-known in the United States than Black Friday and Cyber Monday, Singles’ Day’s $9 billion revenue last year made it the largest shopping day of the year for the second time in a row. Getting…
November 9, 2015 at 11:54 am
You know that international e-commerce is big, but do you know how big? According to the latest research from Accenture, by 2020, almost one out of every three online consumer purchases will be made across borders. If that’s right, the international B-to-C e-commerce market will be worth $1 trillion by 2020. Online merchants are doing…
October 28, 2015 at 11:21 am
It’s Target goes global — Take Two. After picking itself up from a disaster in Canada, the Minneapolis-based retailer is once again testing the international waters. Only this time, it’s not doing anything as risky or costly as building new stores. For now, Target is embarking on a much cheaper and faster expansion through online channels.…
October 23, 2015 at 4:05 pm
This webinar is a how-to on creating native brand experiences for consumers at scale, in any language, all cultures, and every market.
October 8, 2015 at 5:02 pm
Retailers know that the end-of-year holiday season is often their busiest and most lucrative time. A recent Forrester Research study shows that the e-commerce industry is steadily growing and projected to reach nearly $334 billion by the end of 2015. For small businesses searching for new opportunities to increase online sales, here are some upcoming…
August 13, 2015 at 1:23 pm
Alibaba Group Holding Ltd said it signed an agreement with the Chinese joint venture of Macy's to set up the U.S. retailer's store on its online marketplace, Tmall Global. The deal makes Macy's the first U.S. department store chain to join Tmall Global, Alibaba said on Wednesday. Alibaba and its newer rival JD.com have been…
August 12, 2015 at 4:14 pm
Ninety percent of the world's internet population lives outside of North America, with 46 percent residing in Asia, and, more specifically, China. Within China alone, there are 700 million internet users — and that's only 50 percent of the total market. That's a massive market opportunity for U.S. brands that can extend their reach beyond…
