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

week of 7/13/2018
Back-to-School and College Spending Expected to Reach $82.8 Billion
Total back-to-school spending for children in K-12 and college combined is projected to reach $82.8 billion this year, down from $83.6 billion in 2017, according to the National Retail Federation’s annual survey, which was conducted with research partner Prosper Insights & Analytics. Here are the results from the survey and what it means for the back-to-school shopping season. …»
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Jet.com Will Use New Bronx FC for Same-Day Grocery Delivery in NYC
As the battle heats up for same-day grocery delivery in urban markets, Jet.com is opening a new fulfillment center this fall in the Bronx, NY to service New York City customers with not only food in a flash but other merchandise as well. See what other players are up to in the hyper-competitive market.…»
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FedEx Active in Blockchain Initiatives Tying in Supply Chain
With interest growing in the use of blockchain in the supply chain, FedEx has been very active in moving the technology forward. Dale Chrystie, FedEx Freight’s Vice President of Strategic Planning and Support, spoke with Multichannel Merchant about the company’s involvement with blockchain initiatives. …»
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Guess Brings AI to Fashion with Alibaba Collaboration
Guess is partnering with Alibaba Group to bring artificial intelligence to fashion and provide customers with a richer shopping experience combining online and offline elements. Here are some of the features of the FashionAI concept store and what it means for Guess. …»
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Merchants Looking to Strike Gold Inside, Outside Prime Day
As Amazon Prime Day 4.0 is set to run for 36 hours Monday and Tuesday, merchants are making last-minute preparations on ads, promotions, pricing and Prime eligibility. Others are looking to create their own buzz, drafting on an extended ecommerce holiday projected to grow by 40% to $3.4 billion. See what else is in store.…»
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