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JD.com GMV and annual active customers grew by over 40% in Q1 2017
CIW Team, chinainternetwatch.com
Jingdong GMV for the first quarter of 2017 increased by 42% to 184.1 billion yuan (US$26.7 billion) from 129.3 billion yuan in Q1 2016. Annual active customer accounts increased by 40% to 236.5 million in the twelve months ended March 31,…
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[email protected], ibj.com
The 62-year-old company is joining the trash heap of failed appliance and electronics retailers, done in by a long list of problems—including overexpansion and a collapse in sales of consumer electronics.
“y acting earlier to match rivals on free shipping, build a strong online presence, and diversify its product mix away from consumer electronics, Leonard said.”
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How Content is Becoming More Shoppable
Ariel Meranus, l2inc.com
Ask L2: How are brands making content more shoppable? As brands churn out more content than ever before, winners are finding ways to link content to commerce. European Department Stores, for example, have had success optimizing their videos, blogs…
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Lulu Yilun Chen, bloomberg.com
Alibaba Group Holding Ltd. wants to use virtual reality to enhance the shopping experience for its 400 million users and has set up a lab to research a technology it expects to become as common as …
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Alibaba is working to bring virtual reality into its e-commerce services
Jon Russell, techcrunch.com
Alibaba has formally thrown its hat into the virtual reality ring after the Chinese e-commerce giant announced its own VR research lab, dubbed GnomeMagic Lab.
The company invested in red hot augmented reality company Magic Leap earlier this year…
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Why Macy's CEO Thinks the Amazon Threat is Overstated
BY PHIL WAHBA, fortune.com
The online retailer will be overwhelmed by returns, he predicts.
Wall Street firm Cowen & Co last year famously predicted that Amazon.com AMZN would surpass Macy’s M as the top apparel retailer in the U.S. in 2017.
But the department store…
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72% of Consumers Want Mobile-Friendly Sites: Google Research
Winners and losers of Google’s latest mobile friendly update: USA, searchenginewatch.com
Websites that aren’t mobile-friendly annoy users and that’s bad business. Consumers are doing more on mobile devices, including shopping and product research; when they do, users look for content to …
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Lubov, russiansearchtips.com
In online marketing, it’s nice to have a feeling for trends. It helps adapt fast to the digital climate change and get the best out of it. Working in Russian Internet today, quick reaction is not an option, it’s a must. And actually, Russian…
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One Step Retail Solutions Blog: The Future of Retail Marketing: An Infographic
retail-services.blogspot.kr
The Future of Retail Marketing: An Infographic
To view the orginal article please visit: http://brandspank.net/future-retail-marketing-infographic/#.VbZ_QP7bKUk
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One Step Retail Solutions …
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Tim Hortons to review use of in-store digital screens
Canadian Press, marketingmag.ca
Executives at Tim Hortons are reconsidering whether its worth the risk of flavouring your coffee break with potential controversy.
After the restaurant chain was dragged into a clash between …
Tim Hortons trying to sell its space as a billboard
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Starbucks CEO: We are growing because we invested in tech
Seb Joseph, The Drum, businessinsider.com
Starbucks CEO Howard Schultz.
Investing in technology rather than digital ads is the reason Starbucks dodged the seismic shift in consumer behavior that has knocked traditional retailers, claimed chief executive Howard Schultz.
The coffee…
Starbucks representing traditional coffee shops where eye contact between customers and baristas is the important virtue finally adopted mobile payment and got growth..
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Apple’s retail expansion in India underway, 100+ of 500 resellers reportedly selected
Ben Lovejoy, 9to5mac.com
Apple’s plan to establish 500 mobile-focused reseller stores in India is reportedly well underway, with NDTV Gadgets reporting that more than 100 of the partners for its Authorised Mobility Resellers (AMR) program have already been…
Apple is ready for entering into Indian market.. India is the next strategic market for Apple?
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Andrea Mayes, abc.net.au
Angry Pizza Hut franchisees have launched legal action against the company after a price war with rival Domino's forced them to slash the price of pizzas, sending many out of business.A class action to be heard in the Federal Court this week alleg…
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TargetExpress Stores Begin to Shape Future of the Retailer
by Dale Buss, brandchannel.com
Small stores are the future for Target and other big discounters as they are forced to rework that formulas that had given them mastery over US retailing for decades. Consumers are no longer willing …
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China Online Retail Market Grows 3 Times Faster Than Retail Market
Cecilia, chinainternetwatch.com
China, as the biggest digital market in the world, its online retail market keeps growth with an increase of 25% YoY, estimated by Bain & Company. And, the growth rate of China online B2C retail market is 3 times higher than overall China retail…
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Starbucks to Drop Square Wallet and Payments Next Year
Daniela Galarza, eater.com
The coffee chain focuses on growing its own mobile payment app.Starbucks spent the better part of 2014 beefing up its mobile app, adding everything from an order ahead feature to mobile payments and gratuity. So Square, a leader in mobile payments…
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The Future of Retail In The Age of Abundance
Doug Stephens, retailprophet.com
By Doug StephensIn an astonishingly short period of time (about two decades), the developed world has evolved from a scarcity-based retail economy to one of unimaginable abundance. Consider that it wasn’t so long ago that consumers, lacking any ot…
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