Marketplaces

Take Advantage of Consumer Demand on Amazon Without Losing Control, Part 1
March 13, 2019 at 12:40 pm

Amazon.com, it’s the force keeping brand manufacturers up at night. The online retail giant now accounts for over 49 percent of all U.S. e-commerce sales — a number that shows no signs of plateauing. Amazon’s e-commerce sales in the United States alone are expected to reach $258 billion this year, up nearly 30 percent from…

Foot Locker Invests $100M in Secondary Sneaker Market GOAT
February 7, 2019 at 11:03 am

Foot Locker has announced a $100 million strategic investment in GOAT Group, which operates secondary sneaker market brands GOAT and Flight Club. It is the retailer's largest investment in its history. GOAT, the sports acronym for Greatest of All Time, was founded in 2015 by college friends Eddy Lu and Daishin Sugano. Sneaker listings on the GOAT platform…

Amazon Expected to Continue to Crush Walmart and Target This Holiday Season
December 13, 2018 at 10:17 am

Amazon.com has become synonymous with online shopping. Just as “google it” or “I need a Band-Aid” have become colloquialisms, so has “order it on Amazon.” I work with dozens of millennials and have a 5- and 7-year-old at home, and whenever they need something, their first response is “get it on Amazon.” The “culture of…

Amazon Fires Workers in Seller Scam Crackdown
December 11, 2018 at 12:33 pm

Amazon.com reportedly fired workers in the U.S. and India for allegedly giving internal data to independent sellers linked to scams. Following an investigation into suspected bribes, the e-commerce giant took action against disreputable sellers by limiting access to data and deleting thousands of suspicious reviews, The Wall Street Journal reported Monday. Part of the probe is centered…

Top 100 Fastest-Growing Retailers: #51 eBay
November 13, 2018 at 2:27 pm

Continuing our coverage of Total Retail's recently released Top 100 Fastest-Growing Retailers report, which ranks publicly traded retailers on year-over-year net sales growth, we will be highlighting select companies on this year's list. We want to provide you with some reasons why these retailers were able to grow sales (and in many cases net earnings) in…

Alibaba Breaks Singles Day Record With Sales Topping $30B
November 12, 2018 at 3:49 pm

Alibaba's 10th annual Singles Day generated $30.8 billion in sales, a 27 percent increase over last year and a record for the day. During Singles Day, which is also called the Double 11 shopping festival because it falls on Nov. 11, Alibaba offered discounts across its e-commerce sites such as Tmall. According to Alibaba, sales hit $1 billion after…

How Brands Can Thrive in an Era of Amazon
November 9, 2018 at 10:32 am

To win and thrive in an era of Amazon, retailers need to master three core areas: zero-based budgeting; customer care; and advertising.