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Amazon Creates 1 Million-Plus Product Site Dedicated To SMB Retailers
Amazon has launched an online platform for small and medium-sized businesses (SMBs) called Amazon Storefronts. The site will feature a curated collection of more than 1 million products from nearly…
News September 17Walmart Acquires Cornershop, Enhancing Online Grocery Presence In Mexico And Chile
Walmart has entered into a definitive agreement to acquire Cornershop, an online marketplace for supermarkets, pharmacies and specialty food retailers in Mexico and Chile. The deal is valued at $225…
News September 17Hurricane Florence Will Cost Retailers $700 Million, But Home Improvement Stores Could Benefit
Retailers are bracing themselves for the impact of Hurricane Florence, which could cost them up to $700 million in lost sales, according to Planalytics, a weather analytics company. Not all…
News September 17Amazon Applies For Eight More Clothing Brand Trademarks
Amazon has filed for a series of trademarks that suggest the company may be planning to introduce more clothing brands, according to Bloomberg. The names of the lines imply that…
News September 17Viva La Retail: The Retail Renaissance Lives And Dies By The Connected Consumer
By Derek Peterson, Boingo Wireless A retail renaissance is upon us, driven by a shift in economics, competition and exponential advancement in technology, per a new report from Deloitte. Mobile…
Executive Viewpoints September 17Turning Followers Into Customers: The Tipping Point For Social Commerce
For several years now, the concept of social media channels as captive sources for commerce has been a tantalizing promise for retailers and brands. So far, that promise has yet…
Executive Viewpoints September 17Points-Based Rewards Motivate Loyalty Among All Generations Of Shoppers
Retailers must make sure their loyalty programs stand out from the crowd: 75% of consumers actively earn and redeem rewards in just three or fewer programs, according to the Loyalty…
News September 17Back-To-School E-Commerce Sales Top $58.1 Billion, Fueled By Mobile Traffic
The 2018 back-to-school (BTS) season earned $58.1 billion in online sales this year, according to data from Adobe Digital Insights. Single-day sales peaked on Labor Day, which marked the first…
News September 14Shoptelligence Launches AI-Powered Solution To Curate Styles Across Categories
Shoptelligence, a style discovery platform, has launched its AI-powered Interactive Ensembles solution for apparel and furniture retailers. The software combines stated and learned shopper preferences with deep product understanding to…
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