Marketplaces
June 30, 2021 at 7:55 pm
The COVID-19 pandemic altered the future of retail in many ways. Ten years of projected e-commerce adoption was compressed into three short months, as the world shifted to online shopping amid regional and national lockdowns. As a result, online shopping increased by 44 percent, and consumers spent over $861 billion with U.S. merchants last year.…
June 29, 2021 at 4:29 pm
Online crafts marketplace Etsy announced on Monday a $217 million deal to acquire Brazilian online marketplace Elo7, reports CNBC. Etsy CEO Josh Silverman is banking on Latin America to be a growth catalyst for the e-commerce company, calling Elo7 “the Etsy of Brazil.” Similar to Etsy, Elo7 allows merchants to set up an online shop and sell…
June 28, 2021 at 7:22 pm
Rapper Kayne West filed a lawsuit against Walmart on June 24, alleging that the retailer is knocking off one of his latest shoe designs, Yeezy Foam Runners. According to documents obtained by TMZ, West’s team filed the lawsuit in Los Angeles County Superior Court, citing California’s Unfair Competition Law, which prohibits deceptive business practices. The lawsuit also claims that Walmart…
June 21, 2021 at 9:54 pm
In episode 303 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Taleeb Noormohamed, CEO of Jane, a boutique marketplace featuring the latest in women's fashion trends, accessories, home decor, children's clothing, and more. Noormohamed discusses Jane's curated online marketplace of small businesses, his professional background, and how the online retailer supports the small business community. He…
May 20, 2021 at 1:53 pm
Marketplace sales are booming. According to Statista, 63 percent of consumers start their search on Amazon.com, 25 percent on other marketplaces, and only 21 percent on brands’ websites. Consumers trust and prefer marketplaces over brand websites for several reasons, including the availability of fast and free shipping, customer reviews, and easy product comparisons and returns.…
May 10, 2021 at 1:10 pm
In episode 297 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Kristine Moody, founder and managing director of Team Magnus, the leading junior sports and outdoors brand focused on pre-teens. Listen in as Moody discusses the Team Magnus brand and its products, how and why the brand sells about 97 percent of its product on Amazon.com,…
May 5, 2021 at 12:49 pm
In the two decades since online shopping first emerged in the early 2000s, no year was more unpredictable than 2020. According to data from the U.S. Department of Commerce, total e-commerce sales for 2020 reached an estimated $791.7 billion, an increase of 32.4 percent from 2019. Especially notable is the growth of e-commerce in industries…
May 3, 2021 at 6:47 pm
In episode 296 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Harry Temkin, vice president of seller experience at eBay, a global commerce leader that connects millions of buyers and sellers around the world. Listen in as Temkin discusses his role at the company, the survey eBay recently conducted with its sellers to better understand…
April 15, 2021 at 12:44 pm
The popularity of online marketplaces like Amazon.com, eBay, and Etsy has continued to grow each year, elevated by major shifts in consumer preference and behavior. Even before the COVID-19 pandemic accelerated consumer preference in e-commerce, online shoppers were already looking for personalized, convenient, and streamlined experiences across all channels. While marketplaces offer a pipeline to…
March 29, 2021 at 7:30 pm
In episode 291 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jeffrey Berk, managing director at Privé Porter, a luxury goods resale e-commerce company, specializing in sourcing and delivering authentic Hermès handbags. Listen in as Berk discusses the luxury handbag resale market, Privé Porter's unique business model of reselling hard-to-find Hermès handbags, and his professional background…
