International Strategy

Total Retail recently released its seventh annual ranking of the 100 fastest-growing publicly traded retailers. This year’s list, as in years past, is based on companies’ year-over-year net sales growth, comparing the 2016 fiscal year to the 2015 fiscal year. A relative newcomer to the industry tops the list of fastest-growing retailers for the 2016 fiscal…

From Amazon.com to eBay, U.S. e-commerce platforms haven’t been shy about expanding internationally. As it turns out, however, they’re not the only ones interested in conducting business abroad. E-commerce platforms from the Asia-Pacific (APAC) region are unveiling expansion plans of their own and don’t show any signs of slowing down. Shortly after Coupang, the largest e-commerce…

Express plans to close all 17 of its stores in Canada and discontinue its Canadian operations. The Ohio-based chain sells men's and women's clothing and currently has 650 stores in the U.S., Canada and Puerto Rico. Express announced last week that it will close all of its Canadian locations as part of a restructuring, and has filed…

Amazon.com has acquired another online retailer. Reports say Amazon has agreed in principle to buy Dubai-based Souq.com, one of the best-known names in the Middle East's online shopping market. Souq.com sells consumer electronics, fashion, household items and other goods, and on its website claims to be the largest e-commerce site to the Arab world. Since its founding…

Guess announced during its fourth quarter earnings call this week that it will be closing 60 underperforming stores this fiscal year. In the past two years, the retailer — which operates about 400 U.S. locations — has closed 62 U.S. stores, including 10 this past quarter. Guess reported fourth quarter total net revenue increases of 3.2…

Amazon.com has started to roll out the first new language on its website since the original site's creation over 20 years ago. A spokeswoman for the Seattle-based online retailer told CNET last week that the website has begun adding Spanish. The change will let the United States’ more than 40 million native Spanish speakers and over 10 million bilingual…

Every year, the percentage of e-commerce sales relative to overall retail sales is growing, which presents some great opportunities — particularly when it comes to selling globally. To gain some insight on this topic, Bronto commissioned a research report, “Beyond Borders: Identifying Global Sales in a Shrinking E-Commerce World." The consumer study, conducted by Ipsos…

Alibaba Executive Chairman Jack Ma met U.S. President-elect Donald Trump on Monday and laid out the Chinese e-commerce giant's new plan to bring one million small U.S. businesses onto its platform to sell to Chinese consumers over the next five years, an Alibaba spokesman said. Alibaba Group Holding Ltd expects the initiative to create one million U.S.…

The holidays are quickly approaching, which means retailers are once again planning for the busiest shipping season of the year. According to the National Retail Federation, holiday sales are expected to reach $656 billion in 2016. Many retailers are finalizing their processes for handling these high shipping volumes. Here are some key strategies that even the most…

Accounting giant KPMG announced on Tuesday that it has been appointed as administrator in charge of American Apparel’s retail and wholesale business in Britain, likely meaning that the retailer will be closing its U.K. stores. American Apparel is up for sale, but operations in the U.K. and other parts of Europe aren't part of the…