E-Commerce
Routines are easy to fall into. Whether itโs getting ready for work and out the door each morning or tackling customer acquisition and conversion strategies, youโll never discover a better way to approach these tasks if you stay inside your comfort zone. Similarly, itโs easy to recycle tried-and-true approaches to your retail strategies, especially for the upcoming holiday shopping season.
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Wal-Mart plans to launch a dedicated page on Walmart.com that will feature an assortment of products created by women in nearly two dozen countries, including women who work in cooperatives and own small businesses.
Aeropostale announced that it's expanding its reach to international consumers through a partnership with FiftyOne Global Ecommerce. Consumers in more than 90 countries worldwide can now purchase directly from Aeropostale.com.
Mohan Singh, head of Asian consumer equity research at MF Global, believes that Esprit's growth is likely to come from emerging markets like India and China.
New social commerce fashion website Shop My Label, is letting users curate an online boutique, which can be named after them and promoted via social media sites like Twitter. On every sale that's made, the shop owner gets a commission cut.
It happens every year, the brief window of time when shoppers emerge in droves and raid the world of retail in search of the latest products and most attractive promotions. Itโs the holiday shopping season, and in todayโs multichannel environment the lines at brick-and-mortar stores are dwindling as more consumers transition to the digital realm.
Despite the struggling economy and high unemployment rates, consumers plan to stuff their holiday stockings a little fuller this year. According to ShopperTrak, national retail sales when compared to the same period last year, will rise 3.0 percent during November and December, while foot traffic will decrease 2.2 percent.
eBay's new Fashion Outlet is yet another destination for fashion on the auction site, alongside the company's Fashion Vault and Designer Exclusives. This is a "buy it now" kinda thing, so there's no pesky bidding. Instead, eBay tells you how many quantities are in stock for a given item. Meaning, there's more time to shop, and no need to battle it out in a bidding war.
Online home goods giant Wayfair (formerly CSN Stores) today announced that it's acquired Australian online home goods retailer Buyster.com.au. Wayfair already owned 50 percent of the company, but has now purchased the remaining 50 percent stake from technology investment firm, Netus.