Walmart is launching a program called “Competitive Price Adjustment” that will temporarily lower the prices consumers pay for some items on its marketplace. Here is how Walmart is competing with Amazon with this new program.
Ecommerce technology company Kibo is acquiring brand personalization and content optimization platform, Monetate. The terms of the agreement were not disclosed.
Last week was not a good one for Walmart or Marc Lore, its CEO and president of its U.S. ecommerce division. Walmart is reportedly selling personal shopping service Jetblack to outside investors, selling its online woman’s apparel brand Modcloth to Go Global Retail and trimming staff at men’s apparel retailer Bonobos.
Target announced it is joining forces with Tru Kids, the parent company of the Toys R Us brand, to help Toys R Us power its ecommerce site. Here is what customers can expect from the new ecommerce site.
How often do you experience your ecommerce business the way your customers do? Do you follow a customer’s journey and see where there are friction points causing you to lose sales? Here are three ways retailers can prevent losing sight of how their current and potential customers experience their offerings.
The National Retail Federation is predicting holiday retail sales between November and December could increase from 3.8% to 4.2%, for a total of $727.9 billion-$730.7 billion, from $701.2 billion in 2018.
Bed Bath & Beyond announced it is closing an additional 20 stores from the original 40 the company announced in April. Here is how the company is reimagining its brick-and-mortar presence in the age of ecommerce.
Amazon plans to open a chain of grocery stores in the U.S. beginning with locations in Los Angeles, Chicago and Philadelphia. See whether Amazon competes with its own Whole Foods chains in the grocery arena.
After months of speculation, apparel retailer Forever 21 announced it is filing for Chapter 11 bankruptcy protection. The company had been exploring restructuring options to avoid liquidation as its business struggles continue.
eBay announced the resignation of President and CEO Devin Wenig, who said in departing after eight years at the helm that he’s been out of sync with the company’s new board, of which he was a member. He will be replaced on an interim basis by Scott Schenkel, eBay’s senior vice president and CFO.