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eCommerce

  • Report: Mobile e-commerce sales to hit $250 billion by 2020

    Mobile e-commerce sales will account for nearly half of all online commerce in just a couple of years.    This was according to “A Mobile Mindset,” the second volume in the five-part series, “The 2017 UPS Pulse of the Online Shopper.” The report, from UPS, is based on input of over 5,189 comScore panelists who made at least two online purchases in a typical three-month period.  

  • Study: Millennials put a premium on store associates

    Generation Y may be tech-savvy, but for many, store employees still play a pivotal role in their overall shopping experience.   In fact, 63% of shoppers aged 18-35 see store associates as extremely important to their retail experience, according to the “Store Associates Report,” from ChargeItSpot. The study is based on responses from more than 600 shoppers at malls across the country.  

  • Walmart pledges up to $30 million in hurricane relief, Target raises commitment

    Walmart is stepping up its hurricane relief efforts.   The discount giant announced that it will donate up to $10 million in additional support for 2017 hurricane relief efforts in the United States, a move that will bring Walmart’s total commitment to hurricane relief efforts this year to $30 million. This additional support comes on the heels of donations already provided in response to Hurricane Harvey that hit the Gulf region less than three weeks ago.  

  • Online giant preps for Indian version of Prime Day

    Amazon is getting ready to host its fourth-annual flagship sale in India.   The online giant is gearing up for its “Great Indian Festival,” an event similar to Amazon’s Prime Day sale. Amazon is banking on the sale’s deep discounts, exclusive merchandise and buyback offers to attract new customers, according to Live Mint.  

  • rue 21's reorganization plan gets court OK

    rue21 has cleared a significant hurdle in its effort to move forward after declaring bankruptcy.   

  • Online giant to open machine learning hub in Barcelona

    Amazon is stepping up its commitment to machine learning.   The online giant plans to open a new research and development (R&D) hub in Barcelona, dedicated to machine learning. Amazon expects to open the lab in early 2018, according to The Verge.   Amazon plans to hire more than 100 engineers and scientists for the lab.   

  • Women’s apparel retailer accepts mobile payments from Chinese shoppers

    Rebecca Minkoff is making it easier for Chinese customers to purchase from the brand.   Through a partnership with Chinese online payment provider Alipay, upscale apparel retailer now enables Chinese shoppers to use their Alipay Mobile Wallet to make purchases at any United States-based Rebecca Minkoff store, or while shopping online. The mobile wallet is accepted in all Rebecca Minkoff stores located in New York, Chicago, San Francisco and Los Angeles.  

  • Forecast: Holiday sales to be impacted by ‘lackluster’ wage growth

    One of the first holiday quarter sales forecasts is out of the gate.   Global retail consulting firm Kantar Retail predicts that U.S. retail sales will grow 3.7% in the fourth quarter of this year. The forecast represents an improvement relative to weak growth of only 2.9% in the year ago period. But it is underwhelming compared to average growth prior to the recession of 5.0%, according to Kantar.   
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