Ecommerce in the UK Sees 17.8% Growth in 2016

| MCM Staff

Ecommerce in the UK grew 17.8% in 2016 and was worth 174 billion euros or approximately $205 billion. A report by the Ecommerce Foundation revealed that in 2016, 82% of shoppers in the UK shopped online. Find out more about ecommerce growth in the UK as well as popular online categories and predictions for 2017.

Lamps Plus Inc. Launches New Website in Canada

| MCM Staff

Lamps Plus Inc., a specialty lighting retailer in the United States, announced its expansion into the Canada market with the launch of LampsPlus.ca. See why the company decided to make the move and how its business has grown north of the border.

Alibaba Considering Distribution Center in Detroit

| Mike O'Brien

As it looks to entice China’s burgeoning middle class with quality U.S. goods, the Alibaba Group is considering a distribution center in the Detroit area, company officials said at a recent event aimed at adding smaller manufacturers to its online marketplaces.

Newegg Expands Its Global Reach

| MCM Staff

Newegg, a tech-focused e-retailer in North America and globally in ecommerce, unveiled plans to expand its global reach. See where it is planning to expand to and what it means for the business.

Express Inc. to Close All 17 Stores in Canada

| MCM Staff

Express Inc. is making strategic moves in Canada and closing 17 of its retail locations. See what Express Inc. CEO and president had to say about these closures and what it means for the retail climate in Canada.

The Difficulty of Being a Merchant of Record

| Elan Sherbill

Billing your global online customers is a very complex activity. To effectively collect payments in a secure manner, you must, among many other things, open up merchant accounts, put payment gateways in place, manage contracts with global payment service providers, comply with PCI DSS, and abide by global taxation requirements.

global ecommerce, Forrester Research, mobile commerce, ecommerce, Growing Global 2015, omnichannel, omnichannel retail, online marketplaces

Tips on Pursuing Growth with Cross-Border Ecommerce

| Gregg Zegras

Broadening the aperture to expand into new markets is one of the best ways to grow your business and increase profits. The real challenge is fully optimizing the potential of cross-border ecommerce. For businesses currently offering a cross-border experience, it’s imperative to constantly be improving the experiences and thinking about what you can be doing better.

China, chinese shopping, chinese ecommerce, chinese market, global, global ecommerce, Growing Global, ecommerce, buying online, online marketplace, Marketplaces, tmall.com, Taobao, Shipping/Delivery, shipping, logistics

Chinese Ecommerce Market Pegged at $1.7 Trillion by 2020

| Mike O'Brien

Despite some forecasts projecting a slowdown in ecommerce in China, a new report from Goldman Sachs sees the world’s largest online market continuing to boom over the next four years. The report pegged Chinese ecommerce sales at $750 billion in 2016 sales, coming from 460 million online shoppers, and projects a CAGR of 23% through 2020 – nearly triple the rate of offline sales. See what categories and companies are leading.