Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback...
source: Bloomberg
Amazon Prime has over 100 million subscribers worldwide, Amazon CEO Jeff Bezos said on Wednesday, marking the first time that the company has disclosed such detailed information about its increasingly important subscription service. The online retail giant debuted Prime...
source: FORTUNE
When people shop online at retailers like Macy’s Inc. and Finish Line Inc., their visits are tracked and shared with an outside firm that scores their behavior and decides whether to approve or deny purchases. Shoppers who exhibit...
source: The Wall Street Journal (subscription required)
Gap Inc. is experimenting with digital strategies intended to improve the productivity of its sales associates, in turn enhancing the customer experience and bolstering sales. Coming off its fifth consecutive quarter of sales growth...
source: Glossy Magazine
Antiquated, incorrect, obsolete. These were all words Supreme Court justices used to describe the ruling in an over 25-year-old precedent being reconsidered in one of the most contentious retail policy fights today. The justices...
source: RetailDIVE
In the age of digital commerce and infinite choice, shoppers expect more high-touch retail experiences, according to a report published today by Narvar, the post-purchase experience leader. The report, “Connecting with Shoppers...
source: Dealerscope
Zara, the Spanish fashion retailer owned by Inditex – the world's biggest clothing retailer – will introduce augmented reality displays in April, the company said last week, in an effort to lure millennials into its stores....
source: Forbes
For most of the past decade, Cheryl Miller has spent her days trying to put more cars on America’s roads—first as the treasurer and now as the chief financial officer of AutoNation Inc., the largest auto retailer in the U.S. And for the past year she’s...
source: Bloomberg Businessweek
Everybody loves spring. Whether you’re someone that can’t wait to enjoy that first warm-weather hike in a local park, or you’ve already bought your plants and seeds and are ready to get your hands dirty in the garden, spring gives all of us the opportunity...
source: Chain Store Age
It’s no secret that online sales have been growing exponentially with no sign of slowing down. Even purchases completed in-store often start online. Forrester predicts that digital channels now account for, or influence, more than half of all retail sales. On top of...
source: Chain Store Age
Only one shopper had walked into the spacious Men’s Wearhouse store here in the first hour after it opened on a recent Wednesday. But Will Muñoz, the store’s manager, chatted with 13 customers. That is because the struggling...
source: The Wall Street Journal (subscription required)
The gig economy is doing more than just providing convenience for consumers. New data from on-demand delivery service Postmates underscores the opportunities presented by this growing sector of the workforce for businesses and workers alike.
source: CNBC
Tax cuts have given a boost to Americans’ take-home pay this year. The question hanging over the U.S. economy is whether they are putting the extra cash toward savings and debt, or using it to go shopping. Retail-sales data due from the Commerce Department will help...
source: Bloomberg
