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The News, Commentary & Events that Shaped Commerce This Week
week of 1/13/2017 |
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Retailers Continue Omnichannel Pivot as Stores Struggle |
Major retailers including Macy’s, JC Penney and Nordstrom are placing larger bets on omnichannel as the future of retail, amid hundreds of store closings and even a chain shuttering in the wake of a tough holiday season for brick-and-mortar sales. See what moves the chains are making to counter Amazon's incursions.…» |
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USPS Pulling Operations Out of Staples |
Three years after it had begun, the U.S. Postal Service is ending its relationship with office supply chain Staples, pulling its beleaguered Staples-staffed service centers out of the stores by early March amid labor pressure and a labor board ruling upholding an earlier court order.…» |
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The Limited Shuts Down All 250 U.S. Stores |
Add The Limited to the growing list of retail chains foundering on troubled waters as the company, a victim of changing tastes, ecommerce and fast fashion, announced it is closing all of its 250 U.S. stores. Find out which other retail chains are closing their store locations and what this will mean for the retail industry as a whole. …» |
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Amazon’s 1-Click Payment Patent Expires in 2017 |
Amazon’s U.S. patent for one-click payments will expire this year, allowing other retailers to incorporate the same technology on their websites. See whether Amazon will still have an edge or not over other retailers. …» |
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