Many trends we forecast in our 2015 Global Cashback Industry Report have evolved as we predicted. And the realities? Some big successes. Mergers and consolidations. Harder to find venture capital funds. Profit challenges and intense competition.
US retail news highlights including TJX and Neiman Marcus openings, Payless and JCPenney closures, Walmart profits, GNC losses and e-commerce challenges all around.
We look at where Walmart is today, where it's going in-store and online, and how it's doing in the digital battle to defend itself from Amazon. The biggest Walmart news is uber-investor Warren Buffett divesting $900 million of Walmart shares.
We cover who's making mobile retail news in every segment from fashion, fast food and fast mobile retail trucks to fake apps, free mobile payment apps in India and frustrated mobile customers at Starbucks.
If you think US e-commerce is competitive, you haven't seen anything like the India e-commerce market. From heavy losses and intense competition to demonetization and the impact of write-downs on valuation, it's a shark tank. Our news roundup takes you inside.
We look at what the experts are predicting for 2017 in retail and e-commerce. Steve Rothwell, founder and CTO of Eagle Eye Solutions expects machine learning and data to be important in the new year. Jamie Merrick, head of industry insights at Salesforce Commerce Cloud says it’s all about shoppers and delivery. Patrick Gallagher, chief executive of On the dot says Black Friday delivery patterns will continue throughout the year.
The Wall Street Journal reports on the challenges retailers are having and how they're having to offer discounts to keep consumer interest. Prosper Insights & Analytics research shows 25% of consumers bought gifts this year from Amazon, up 10% over last year. Fortune says the use of online promotions by retailers is up 79% this year.
According to Prosper Insights & Analytics, 26.2% of consumers have bought products during the holidays online from Amazon, up 10% from last year. Walmart ranks second at 14.3%. InternetRetailer.com estimates Amazon's Black Friday weekend sales at $4.74 billion, a stunning 37% of all US online sales.
Is the love affair with gift cards still going strong or have consumers found new places to spend holiday money? Sarah Quinlan, SVP, Market Insights for Mastercard, expects gift card sales to remain strong right through Christmas.
As holiday online sales continue their record pace, e-commerce sites and retailers are finding shipping packages to customers is a growing challenge. Today, we look at the logistics challenges and who is winning and losing. Toys R Us is making ...