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Where’s Walmart? Warren Buffet bails, ShoeBuy & Moosejaw acquired, blockchain, Amazon looms
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.
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Who’s making mobile retail news in fashion, fast food, fast retail trucks & fake apps?
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.
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India e-commerce update: Losses, competition, demonetization, writedowns
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.
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What’s ahead? 2017 retail and e-commerce predictions
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…
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Holiday e-commerce and retail roundup
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…
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Amazon e-commerce impact and growth continue – watch out for 2017!
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.
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Are consumers buying gift cards this year?
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.
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Cashback News: Holiday shipping & logistics prove challenging
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 an effort to promote in-store pickup at it’s more than 870 stores as a way…
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Cashback News: India’s demonetization creates e-commerce turmoil
India’s new demonetization policy is disrupting e-commerce and impacting leading online businesses with a wide range of positive and negative effects. Today, we’ve got a roundup of news to provide a valuable perspective and a look at what’s ahead in e-commerce in India. Coupon apps like Nearbuy and Little, which have off-line retailer customers, saw business grow…
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Cashback News: US $3.45 billion Cyber Monday record sales news roundup
Cyber Monday set a new US sales record reaching $3.45 billion, up 12.1% compared to 2015. Most popular items sold on Monday? Sony PlayStation and Apple iPad, while at Walmart it was the Samsung 55″ HDTV and Barbie’s Dreamhouse. Amazon sold more than two million toys in the first half of Cyber Monday, a new record.…