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Retail Trends

Retail Roundup — Amazon debuts smart homes; Costco’s e-commerce jumps 43%

May 11, 2018

Via: FierceRetail

Amazon debuts model smart homes Amazon has set up a model smart homes around the U.S. for consumers to experience how the company’s technology products work. Amazon has partnered with Lennar Corp. to convert some of the home construction company’s […]


Retail Types, Stores

Macy’s may not be closing stores ‘fast enough’

May 11, 2018

Via: Retail Dive

The Morgan Stanley team, led by analysts Simeon Gutman and Kimberly Greenberger, are the latest to question the long-term performance potential for some traditional retailers. In a report earlier this week, Deutsche Bank analysts wrote that department stores may already […]


Retail Types, Stores

Best Buy debuts new look and messaging

May 10, 2018

Via: Retail Dive

Declaring its “Renew Blue” turnaround effort — focused on cost cuts, store closures, merchandise changes and improved customer service that halted its declines — “over,” Best Buy is now committed to growth with a series of moves in the less […]


E-payment & Data Security, Tech

How to reduce friction at checkout with alternative payments

May 10, 2018

Via: Retail Dive

Despite the fast-paced growth in online retail sales, checkout conversions and cart abandonment are still a huge problem for many retailers—particularly on mobile, where conversion rates are around half of those on desktop. While consumers spend more than half their […]


Retail Trends, Retail Types, Stores

Has Nike hit peak crisis yet?

May 9, 2018

Via: Retail Dive

At what point does an exodus earn that label? Is it when the first man leaves and there’s the hint of more to come, or by virtue of its definition does it require a certain number? Generally speaking, an exodus […]


Suppliers

Walmart’s Uber and Lyft partnerships end

May 9, 2018

Via: Retail Dive

Delivery through Uber and Lyft seemed promising to Walmart and its investors because of the large footprint both ride-share companies have, and because adding grocery trips seemed like a natural fit. The retailer could quickly scale up in target markets […]


FMCG products, Retail Types

Grocery Goes Digital

May 8, 2018

Via: Independent Retailer

According to Supermarket News, about 45% of consumers have shopped for groceries online, but 60% of that group says they rarely do so. The biggest barrier to online grocery shopping is perishables like meat and produce. Supermarket News explains 53.7% […]


Retail Trends

Amazon reportedly could grab 10% of retail sales by 2020

May 8, 2018

Via: Retail Dive

By several measures, Amazon is a juggernaut, with 100 million Prime members locked in globally and net sales that in the first quarter rose 43% to $51 billion. But that doesn’t mean that the e-commerce giant is unstoppable, especially when […]


E-payment & Data Security, Retail Trends, Tech

Frictionless payment, 2018 style: It’s all about social

May 7, 2018

Via: Retail Dive

In today’s world, a sustainable payment infrastructure is a frictionless one. In Mobile Commerce 1.0, that meant consumers could make purchases on their phones anytime; now we’re well into Mobile Commerce 2.0 – in which we can pay for real-world […]


Retail Types, Stores

Destination Maternity investor blasts retailer for 21% sales drop

May 7, 2018

Via: Retail Dive

Destination Maternity, which bills itself as the largest designer and retailer of maternity apparel, has had a troubled run in recent years. The CEO left last year, during a quarter when top-line sales fell by more than 7% and shortly […]