Technology has changed the face of retail. It has affected how consumers shop and interact with brands. As ecommerce is growing, U.S. consumers say they still prefer to purchase from a physical store even if the same product is offered online. Technology has created the expectation of convenience and it also has provided the means to deliver it. Here are how these retailers are redefining the shopping experience.
Convenience is one of the top reasons people shop online today as opposed to shopping in a physical store. While shopping cart abandonment is up 70%, which means only three in 10 people are completing a purchase. Is there way to turn the checkout process into a memorable experience that results in buying? Check out these strategies that may just do the trick!
Jet.com founder and CEO Marc Lore continues to shake up Walmart’s ecommerce operation as it continues to pursue Amazon, including hundreds of layoffs and several executive moves.
Italian-based eyewear company Luxottica announced plans to merge with France’s lens company Essilor in a $49 billion deal. See what this will mean for both brands moving forward.
In an effort to continue the success of its popular loyalty program, which has more than 20 million members, Ulta Beauty developed a referral program to serve its omnichannel customers. See how this program is driving more loyalty from customers to the brand.
American Apparel laid off 2,400 employees in its Los Angeles headquarters and manufacturing hub two months after it filed for bankruptcy protection. Here is what it will mean for the company going forward.
Cross-border selling can be overwhelming, leaving small businesses unsure of what to do first when it comes to choosing the right international markets. Here are five ways small businesses can get moving into new international markets with less hassle.
eBags, a travel gear e-tailer and expert reports that year over year sales via mobile grew 70% for both Q4 and full year 2016 while mobile traffic grew 67% for Q4 and 53% for the year. See what eBags did to achieve this.
As sea changes continue to roil retail, including the steady drumbeat of store closings and poor results, key points for every multichannel seller to consider in 2017 and beyond include going omnichannel, right-sizing store footprints and having unique product offerings.
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.