Gap considers closing UK stores, focusing on e-commerce
American retailer Gap is mulling the closure of all of its UK stores, putting thousands of jobs at risk.
As ecommerce sales ramp up, merchants face growing pressure to deliver the perfect order
“If you can’t measure it, you can’t manage it.” The words of business management expert Peter Drucker have always held true for ecommerce fulfillment operations, but the need for effective measurement is now greater than ever.
4 ways e-commerce has shaken up the retail industry over the past 5 years
Retailers have had new reason to explore approaches that boost efficiency. They’re emphasizing curbside pickup, turning stores into mini fulfillment centers and experimenting with new technology, such as robotics.
94% of Canadians will shop online this holiday season - survey
Canadians to Overwhelmingly Shift to Online Holiday Shopping: Survey
Study: Amazon to dominate holiday e-commerce sales
Amazon has been having a highly successful 2020, and that won’t likely change in the next two months.
Mall adopts AI to let people shop like they shop Amazon
Centennial hired Adeptmind, an AI-powered e-commerce company that captured the entire inventories of all tenants and installed them within the mall websites.
E-Commerce: Entering The Next Wave Of Growth
E- Commerce's next wave of growth is likely to come from greater penetration of retail categories that historically lagged, like groceries, health, and autos.
Amazon opens its first eGrocery “Dark Store” in Brooklyn, NY
Hundreds of workers will receive orders, shop in the store, and prepare items for delivery. Instead of existing as a customer-facing shop, this Whole Foods is more of a fulfillment center — but with groceries only.
Goodfood Announces New Facility in Montreal to Support Growth of eGrocery
Goodfood Market announced today it has signed a lease for a 45,000 square feet facility in Montreal, further expanding its footprint and capabilities in the key urban centre
Abercrombie & Fitch online sales boom and are profitable
Abercrombie & Fitch shares are soaring after the apparel retailer reported a surprise quarterly profit Thursday morning and impressive online revenue growth of 56% during the coronavirus pandemic.
Walmart is teaming up with Microsoft on TikTok bid
Walmart said it’s teaming up with Microsoft in a bid for TikTok.
Dick’s Sporting Goods crushes estimates as online sales surge 194%
Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday, saying consumers flocked to its website for hiking gear, kayaks, weights and workout clothes to stay busy during the coronavirus crisis.
Man walks out of LCBO store with 24 free bottles of wine due to glitch
A Toronto man walked out of a liquor store with 24 free bottles of wine after a computer glitch allowed him to order the alcohol at no cost.
Best Buy expanding stores into digital hubs as it bets on permanent shift towards online shopping
Best Buy is one of the big-box retailers that’s seen a dramatic shift towards online shopping during the coronavirus pandemic. Next month, the retailer will turn about a quarter of its stores into hubs that can handle a higher volume of online orders.
Amazon Will Elevate Dave Clark to CEO Worldwide Consumer
Amazon will have a new CEO of its worldwide consumer business early next year.
The Five Most Important Lessons In E-Commerce SaaS (Software As A Service)
The e-commerce software as a service (SaaS) industry is rapidly growing.
The stellar growth of China's e-commerce upstart Pinduoduo
It is a company that is just about to turn five years old but is valued more highly than the oil giant Shell, or HSBC, one of the largest banks in the world.
Ditch the department store "How DTC brands are taking control"
DTC brands can't determine whether retailers open their stores or the number of consumers allowed inside. But brands can control their online sales channel. From checkout to last-mile delivery, DTC brands can ensure a seamless ecommerce experience.
UK online sales fall back 7% in July, but still dominate retail landscape
Online sales dropped back in July as shoppers returned to the high street, but the strong growth over lockdown means that the sector is still more than 50% ahead of where it was in February.
Walmart Q2 results crush estimates, as e-commerce sales jump 97%
Walmart posted its biggest earnings surprise in 31 years Tuesday as shoppers rushed in to spend their stimulus checks, and online sales nearly doubled during the coronavirus pandemic.