Marketplace

Harnessing Newness in Retail to Boost Sales Amid Inflation
E-Commerce Harnessing Newness in Retail to Boost Sales Amid Inflation

In a climate marked by economic uncertainty and rising prices, consumers are often wary of spending. Yet, retailers like Target are finding success by tapping into an age-old psychological driver: the allure of "newness." This article explores how fresh products and innovative marketing

Why Is Farfetch Closing Its Platform Solutions Unit?
Customer Engagement Why Is Farfetch Closing Its Platform Solutions Unit?

Farfetch, a distinguished name in luxury fashion retail, recently made waves with its strategic pivot. The company announced its decision to shut down its white-label software service unit, Platform Solutions, a move viewed as aligning with broader objectives of financial prudence and business

How Will IKEA Preowned Impact Sustainable Shopping Trends?
E-Commerce How Will IKEA Preowned Impact Sustainable Shopping Trends?

IKEA, the renowned Swedish furniture retailer, is shifting the paradigm of sustainable shopping with its latest venture: IKEA Preowned. This innovative platform facilitates peer-to-peer sales of secondhand IKEA furniture, positioning the company as a frontrunner in eco-friendly retail solutions and

How Are Online Marketplaces Redefining Automotive Retail?
E-Commerce How Are Online Marketplaces Redefining Automotive Retail?

The automotive retail industry is experiencing a seismic shift as online marketplaces gain prominence, reshaping how consumers buy and sell vehicles. This transformation, driven by rapidly advancing technologies and evolving consumer preferences, is challenging traditional dealership models and

What Are the Latest Trends and Future Outlooks in the Global Seafood Market?
E-Commerce What Are the Latest Trends and Future Outlooks in the Global Seafood Market?

The global seafood market has undergone significant changes in recent times, influenced by various factors ranging from retail promotions and public health concerns to environmental issues and regulatory actions. This article delves into the latest trends and offers a future outlook, providing

UAE E-commerce Giants Pledge to Enhance Product Safety and Quality
Operations & Management UAE E-commerce Giants Pledge to Enhance Product Safety and Quality

In a landmark move aiming to elevate consumer trust and ensure the safety and quality of products sold online, major e-commerce retailers in the UAE, including Amazon, Noon, Lulu, Sharaf DG, Jacky’s, and platforms under the Al-Futtaim Group such as Ikea and Ace Hardware, have signed a ‘compliance pl

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