Amazon has jumped from a joint second place with Target to first place among U.S. apparel retailers, according to a survey by Coresight Research. The survey found that Prime members account for two-thirds of all Amazon apparel shoppers, up from around 60% last year.
Going the way of main rivals Walmart and Amazon, Target is launching its own third-party ecommerce marketplace, Target+, including a curated list of products from merchants that complement its own offerings in categories like home, toys, electronics and sporting goods.
Amazon, bowing to local opposition, is backing out of a planned East coast headquarters in Long Island City, NY. Opponents of the $3 billion in tax breaks and incentives gained more fuel when it was learned Amazon will pay no federal income tax for the second year in a row. Plans are on track for facilities in Arlington, VA and Nashville, TN.
Amazon is making a push for the Middle East, particularly Saudi Arabia and the United Arab Emirates. CNBC reported the ecommerce giant has been reaching out to large third-party sellers in North America about the opportunity to expand in the underserved, oil-rich region.
eBay has filed a lawsuit against Amazon claiming the ecommerce giant has been using illegal tactics to lure sellers away from the rival marketplace since at least 2015. The lawsuit alleges that Amazon knew it was breaking eBay’s rules and policies, and even communicated these infractions in discussions with eBay sellers.
When companies make plans to expand into new geographies—particularly emerging markets like the BRIC nations (Brazil, Russia, India, China)—they often consider launching multilingual websites to serve those new global customers. Here is how to expand into virtual markets and offsite social commerce.
eBay announced it will begin managing transaction payments in the U.S., which will let shoppers complete their purchases entirely on eBay’s site. Here is how sellers will benefit from this move.
Amazon is investigating claims that employees are taking bribes in exchange for data that gives sellers an edge, particularly in the superheated Chinese market, according to a report in the Wall Street Journal.
Jack Ma, founder and chairman of Chinese ecommerce behemoth Alibaba Group Holding Ltd., announced he will step down in September 2019, to be succeeded by Alibaba Group CEO and chairman Daniel Zhang. Ma will continue as executive chairman during the transition period.
The Marketplace Summit is a one-day virtual event focused on helping merchant sellers get the most out of their online marketplace experience. Register today and join Multichannel Merchant and several ecommerce merchants as we discuss every aspect of creating a winning marketplace strategy.