International Strategy
July 7, 2015 at 2:44 pm
This year Costco will expand its presence in the United Kingdom, Japan and Spain. The retailer's membership format has found appeal in many foreign countries, and I see more success ahead. There are now 674 Costco warehouse clubs in operation globally, 475 in the United States and 199 units outside the U.S.
July 1, 2015 at 2:34 pm
Online retail giant Amazon.com has opened its Mexico site for business, offering free delivery on orders of over 599 pesos ($38.25). A statement posted on the Amazon.com.mx site Tuesday said “we are launching in Mexico with more categories, more items and more functions than any other international Amazon website has featured at launch.” Online shopping…
June 25, 2015 at 3:14 pm
Even though schools are just out for the summer, it’s already time to start planning for the 2015 holiday season. And this year, international sales should be a big part of your selling strategy, especially since people who shop internationally spend nearly twice as much as those who only shop domestically. The holidays give merchants…
June 18, 2015 at 4:59 pm
Many online retailers are seeking out global consumers as they look to grow their brands. And with good reason: eMarketer forecasts that global e-commerce sales will reach nearly $2.5 billion by 2018, with China leading the way. However, it's not as easy as setting up an e-commerce site one day and expecting the sales to…
May 14, 2015 at 2:46 pm
Americans often affectionately call Canada the 51st state. Population wise, it would be the second largest state after California and the province of Ontario alone would be the fifth largest. U.S. online retailers are flocking to Canada as it was recently identified as an "ideal market" for retailers looking for cross-border e-commerce opportunities. However, as…
May 12, 2015 at 4:43 pm
Home improvement retailer Lowe's has acquired the leases for 13 former Target locations in Canada, and plans to open up new stores that could employ as many as 2,000 people. The chain said it purchased the retail storefronts, as well as Target's former distribution hub in Milton, Ontario, for $151 million at an auction of the leases run by the court-appointed monitor overseeing the former retail chain's insolvency.
May 11, 2015 at 4:48 pm
Joe Fresh is pulling out of 200 J.C. Penney stores in the U.S. as the company works to expand internationally.
May 6, 2015
In a session during next week's Retail Marketing Virtual (RMV) Conference & Expo, two international commerce experts will discuss best practices for taking your business global, as well as the importance of being local and global at the same time. Carl Miller, founder and managing director of Global Retail Insights Network (GRIN), and Samantha Kent, director of international at the Thrillist Media Group, will share their thoughts on international payments, shipping and logistics tricks in an ever-changing international e-commerce market, and much more.
May 5, 2015
Speakers share best practices to take your retail business international from e-commerce professionals and retailers who’ve done it.
April 29, 2015
Wal-Mart Stores Inc. plans to expand its footprint in China by nearly a third by opening 115 new stores by 2017, the firm's chief executive said, in a renewed push to lure China's grocery shoppers despite slowing growth. "Our aim is to become an integral part of China's economy," Chief Executive Doug McMillon said at a news conference in Beijing on Wednesday. Wal-Mart's new push in China comes as global supermarket firms seek ways to tackle slowing growth in the world's second-biggest economy.
