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TECHNOLOGY

  • Ikea expands breadth through third-party sales

    Ikea is getting in on the online marketplace game.   The home furnishings giant is embarking on a test that will focus on selling its products on websites other than its own. This move will get merchandise in front of more online customers, according to Reuters.  
  • Study: The most popular store credit card is...

    A retailer that does nearly all of its transactions online has the most popular store credit card.   Amazon wins the store card battle, ranking as the top choice among consumers with store cards (32%), followed closely by Target (30%) and then Macy’s (24%).   
  • Analyst: Across the board adoption of Amazon Prime not imminent

    Approximately 80% of low-income households will not opt for Amazon's new discounted Prime program.    That's according to a broadlines and hardlines retail report by Gordon Haskett Research Advisors analyst Chuck Grom, which looks at Amazon, Walmart, Dollar General and Dollar Tree as Amazon announced discounted Prime membership for those on federal assistance. Here are excerpts from Grom's report:   
  • Harris: Retailers take top spots in social responsibility poll

    Consumers rank Wegmans, Publix Super Markets, and Amazon.com as the top three companies when it comes to corporate social responsibility efforts.   
  • J.C. Penney concept targets collegiates

    J.C. Penney is determined to become college-bound co-eds’ shopping destination for all of their dorm room needs.  
  • Study: Fulfillment costs erode up to 70% of brands’ order value

    Complexities associated with online shipping and fulfillment are eating into retailers’ profitability.   This was according to “Strategies for Agile, Profitable and Secure Omnichannel Execution.” The report, from Radial, revealed that more than 55% of customers are using multiple channels, such as online and mobile to shop.  
  • Study: Shoppers drawn to smart devices stay abreast of security

    A majority of Americans want to use connected devices to make purchases, yet they are keeping a keen eye on securing personal data.  
  • Beauty retailer steps up augmented reality offering

    Sephora is upgrading its app-based digital makeover experience.   The beauty chain is expanding the functionality of its Sephora Virtual Artist, an augmented reality-based feature on its mobile app that enables shoppers to digitally try on make-up. The app’s new Cheek Try On service allows users to virtually try on over 1,000 shades of cheek color, including blush, bronzer, contour, and highlighter shades available in single colors and palettes.   
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