Multichannel Merchant Week In Review The News, Commentary & Events that Shaped Commerce This Week

week of 6/1/2018
Google, Facebook, Instagram, Whatsapp Face GDPR Related Lawsuits
The ink was barely dry on the European Union’s new General Data Protection Regulation (GDPR) when a European privacy advocate sued Google, Facebook and Facebook-owned Instagram and Whatsapp, claiming they violated the regulation by using “forced consent” practices to obtain consumer data.…»
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How to Close the Deal in the Shopping Cart
As a customer finds her way through the purchase journey to website checkout, it’s the moment of truth where you either close the deal or log another cart abandonment. This latest report by Multichannel Merchant will look at how to grab the customer at this crucial point in the path to purchase. …»
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Best Buy’s Inventory, Supply Chain Moves Contribute to Strong Q1
Best Buy saw its online sales increase 12% to $1.14 billion in the first quarter, representing 13.6% of total revenue, up from 12.9% a year ago. This was helped by the company’s continued omnichannel investments, improved inventory management and ongoing supply chain transformation.…»
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Father’s Day Spending Expected to Reach $15.3 Billion
Father’s Day spending is expected to reach $15.3 billion in sales this year. A new study by the National Retail Federation found that a total of 77% of shoppers will spend an average of $133 per person. Here is what the rest of the survey results revealed for Father's Day spending. …»
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Sears Plans to Close 72 More Underperforming Stores
Sears Holdings will soon close 72 more stores, saying it had identified a total of 100 unprofitable locations. Here is how Sears performed during the first quarter of 2018. …»
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