While WalMart in the U.S. is moving full-steam ahead both online and in-store, internationally the company is seeing slower growth in several key markets. See how Wal-Mart is doing globally with its business.
Bitnet has partnered with global payment gateway PAY.ON to allow PSPs globally to offer bitcoin as a payment method via PAY.ON’s RESTful payment platform.
Holidays around the world are important for retailers, beginning with winter sales where retailers in the northern hemisphere expect to make 14% of their yearly revenue from Thanksgiving, Christmas, Kwanzaa and Boxing Day. See what each holiday means for retailers and customers alike.
Shoptiques.com has launched in Canada. With more than 2,000 boutiques currently on the site, it represents the fourth country in which Shoptiques.com has store partners. See what other countries Shoptiques.com is in and what this expansion means for the company.
Macy’s is heading East… to China. The department store retailer has formed a joint venture with Fung Retailing Limited and will have its own online store on Alibaba’s Tmall Global platform. But is exclusivity good or bad for Macy’s, or any brand?
PYMNTS.com and Digital River have released their third quarter X-Border Payments Optimization Index, which measures merchant readiness to capture the estimated $300 billion cross-border ecommerce opportunity.
Newegg has announced establishment of its Canada Global Seller Program. The new program gives sellers across the globe an easy point of entry to reach millions of Canadian customers.
Building on its nearly 20 years of business in Latin America, SKECHERS plans to grow its operations and footprint. Here’s why SKECHERS is transitioning 21 SKECHERS stores in the region to subsidiary-owned and -operated locations, looking at new retail destinations, and expanding its account distribution base.
Macy’s, Inc. has formed a free-standing joint venture with Hong Kong-based Fung Retailing Limited to explore retailing in China, one of the world’s largest and fastest-growing consumer marketplaces. Under the joint venture, Macy’s plans to begin selling in China in late 2015 through an exclusive ecommerce presence on Alibaba Group’s Tmall Global.
If you’re a retailer who is expanding globally, with physical stores in different countries, it’s essential to understand the barriers and solutions for international commerce. While a product might be wildly successful in the U.S., it does not mean it will create similar demand in Japan or other countries. Here’s how to maintain your sanity.