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The News, Commentary & Events that Shaped Commerce This Week
week of 5/19/2017 |
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| Target Sees 22% Growth in Ecommerce in Q1 |
| Target’s continued investment and focus on ecommerce is paying off as the company reported a robust 22% increase in online sales for the first quarter, ahead of the industry average, even as revenue decreased 1.1% to $16 billion and store foot traffic and comp sales were also down.…» |
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| Wayfair Launches “Search with Photo” Feature |
| Wayfair announced the launch of its “Search with Photo” feature, leveraging artificial intelligence to make products easier to find for customers. Here is how Wayfair is making visual search part of the overall customer experience. …» |
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| Ralph Lauren Names Patrice Louvet As New CEO |
| Ralph Lauren Corporation announced that Patrice Louvet has been named President and Chief Executive Officer. See how this new appointment lets the brand move forward and evolve. …» |
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| Rue 21 Files for Chapter 11 Bankruptcy |
| Rue 21 announced it is filing for Chapter 11 Bankruptcy in an effort to fully transform the business. See what this transformation includes and what it will mean for the retailer in the future. …» |
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| Walmart Sees Strong Growth in U.S. Ecommerce |
| As its Jet.com acquisition continues to pay out, Walmart is seeing hyper growth in ecommerce, with U.S. online sales up 63% in the first quarter. See what initiatives Walmart has accomplished to further its ecommerce success. …» |
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