Amazon Dominates, Desktop Wins Sales During Holiday 2016
Amazon continues to dominate ecommerce and desktop won sales during holiday 2016, while bricks-and-mortar took a beating. See whether this trend will continue throughout 2017.
Ecommerce
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.
BSN Sports Acquires Marlow Sports, Inc.
BSN SPORTS announced it has completed the acquisition of Marlow Sports, Inc. See what this will mean for both brands.
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.
ThreeSixty Group Acquires The Sharper Image
ThreeSixty Group, Inc. a provider of branded consumer products to the nation’s largest retailers, announced that it has acquired The Sharper Image brand from Iconix Brand Group, Inc. See what ThreeSixty Group had to say about the acquisition and what it means for them.
Major Retail Chains Closing Hundreds of Stores
In a brutal retail environment, retail chains continue to shutter hundreds of store locations even as ecommerce growth continues to boom. See what is causing the store closures and how ecommerce is playing a role.
Jet.com Acquires ShoeBuy for $70 Million
Jet.com through its parent company, Walmart, has acquired ShoeBuy.com for $70 million. See what this will mean for Jet.com and ShoeBuy.com.
Third-Party Sellers on Amazon Saw 2016 Boom
Amazon shipped over 2 billion items worldwide in 2016 for third-party sellers on its marketplace using its fulfillment services – more than double the figure from 2015. See what other milestones the company achieved in 2016 and during the holiday season.
Bed Bath & Beyond Acquires PersonalizationMall.com
Bed, Bath and Beyond acquired PersonalizationMall.com, an online retailer of personalized gifts for $190 million. See what this will mean for Bed,Bath and Beyond and PersonalizationMall.com.
Creating Customer Centricity in 2017: Omnichannel Marketing and Mobile
Omnichannel and mobile marketing is a phrase ecommerce brands have been hearing quite a bit lately. Both mobile and omnichannel go hand in hand, as mobile influences today’s shoppers with the omnichannel journey. Here is why marketers need to move from simply operating multiple channels to have a truly holistic strategy this year.