No more e-commerce vs. brick-and-mortar: retailers band together

After e-commerce sellers and brick-and-mortar retailers realised that a war between them will be costly, both players decided to join forces and act together. Some time ago e-commerce companies thought that they can overcome traditional retailers but later appeared that there will be no clear winners in a race that is turning out to be … Continue reading “No more e-commerce vs. brick-and-mortar: retailers band together”

Growing online competition forced IKEA turn to e-commerce

Growing online competition forced IKEA turn to e-commerce Another big retailer changed its strategy and turned online. Ikea has created a pilot programme to reach more customers on the internet. The biggest retailer from Sweden has radically changed its sales strategy in the face of online competition. Ikea has launched a test to sell its … Continue reading “Growing online competition forced IKEA turn to e-commerce”

The true cost of Amazon to retailers and workers

Amazon is coming to Australia this month but seems like smaller retailers are not aware of the threat. According to The Guardian, Amazon giant generates nearly as much revenue as Australia‚Äôs supermarket duopoly of Wesfarmers-owned Coles and Woolworths combined, and Morgan Stanley estimates the company will generate $12bn of Australian sales by 2026. Just as … Continue reading “The true cost of Amazon to retailers and workers”

How brick and mortar retail is evolving to compete with e-commerce

Retail world has been changing very quickly in recent years. While it is obvious that brick and mortar will not disappear anywhere, but the competition became very big between brands in a saturated omnichannel retail market. Even though e-commerce stores can provide features like high-resolution images or 360-degree visualizations, people still prefer to touch and … Continue reading “How brick and mortar retail is evolving to compete with e-commerce”