Looking for another avenue to boost flat store sales, JC Penney is opening 500-square-foot toy shops in all of its brick-and-mortar locations, the company announced, pitting it against the likes of Toys R Us and Amazon as well as discount retailers like Walmart and Target in the $20 billion market.
Several retailers wouldn’t let Amazon have all the fun on Prime Day. Whether they were offering free shipping or major discounts on several products, these retailers aimed to steal Amazon’s thunder. Here is a list of what other major retailers did on Prime Day and days after.
As the engine revs up for Amazon’s Prime Day 2017, a few interesting wrinkles to bear in mind.
Nike confirmed it is selling select products directly through Amazon in a pilot program, greatly expanding its reach while also helping address counterfeiting. The news is a direct hit to retail partners like Finish Line and Foot Locker, who will undoubtedly lose sales. Nike will also start selling directly through a partnership with Instagram.
With Alexa now serving grocers as breakfast for Bezos, have we forgotten that Walmart has had their lunch as the #1 grocer since the turn of the century? What will it take for today’s grocers to keep a seat at the adult dinner table? And is this seat dependent on beating the titans or staying ahead of remaining, traditional competitors?
Amazon has announced that Prime Day 2018 will be held on July 11, with Amazon itself expected to once again be the big winner by selling its own devices and gift cards and bulking up Prime memberships.
As Amazon Prime Day number 3 approaches – which will most likely fall around July 12, possibly featuring deals running for a week – there are different approaches merchants can take in response to the new mega-ecommerce event, sort of a U.S. version of Singles Day in China.
Amazon has announced Amazon Prime Wardrobe, a new service that lets Prime members try on clothes for free. Here is what this could mean for retail.
In the wake of Amazon’s announcement that it plans to acquire Whole Foods for $13.7 billion, Walmart is asking its partners and suppliers to take their software services off of the Amazon Web Services cloud network.
The highest number of respondents to a January survey of Amazon sellers – 29%- said they planned to expand to Walmart.com in 2017, an indication of growing interest in the channel. Nearly half of them said it makes up 80% or more of their sales, with home/kitchen goods the most popular category. See what else the survey found.