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Macy’s is heading East… to China. The department store retailer has formed a joint venture with Fung Retailing Limited and will have its own online store on Alibaba’s Tmall Global platform. But is exclusivity good or bad for Macy’s, or any brand?
PYMNTS.com and Digital River have released their third quarter X-Border Payments Optimization Index, which measures merchant readiness to capture the estimated $300 billion cross-border ecommerce opportunity.
Newegg has announced establishment of its Canada Global Seller Program. The new program gives sellers across the globe an easy point of entry to reach millions of Canadian customers.
Building on its nearly 20 years of business in Latin America, SKECHERS plans to grow its operations and footprint. Here’s why SKECHERS is transitioning 21 SKECHERS stores in the region to subsidiary-owned and -operated locations, looking at new retail destinations, and expanding its account distribution base.
Amazon has announced plans to open a nearly 500,000-square-foot fulfillment center in Joliet, Ill. The site, which will create 1,000 full-time jobs when it opens, is the company’s first in the state.
Back to school shopping wasn’t cool when you were a kid… and apparently it wasn’t too cool in July. Back to school sales seemed to be slumping, and the season seemed to be taking on a new life a la the traditional holiday shopping season.
Siteworx has launched the Irish Setter Boots ecommerce website for the Red Wing Shoe Company. The new website allows consumers to research, compare and purchase Irish Setter hunting boots through a new digital channel.
Globalization is Alibaba Group’s most important strategy for the coming decades, and its goal is to help 10 million global businesses and serve 2 billion consumers around the world. That’s why Alibaba Group announced the appointment of Michael Evans as President of Alibaba Group on Tuesday.
Macy’s is expanding same-day delivery service to nine additional markets, giving them 17 in all, surpassing Amazon which provides the service in 14 markets.
UPS will acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company, for $1.8 billion from Warburg Pincus.