Birchbox in talks for sale with several retailers, including Walmart

Birchbox has recently been discussing a potential sale with a few retailers, many sources told Recode. The beauty subscription startup has already received a $15 million lifeline from investors in 2016. The most interesting fact in these talks is that one potential buyer who has already spoken with the startup is Walmart. The negotiation took place … Continue reading “Birchbox in talks for sale with several retailers, including Walmart”

The new merger in e-commerce: MetaPack announced partnership with HERE

MetaPack has announced a partnership with location and mapping company HERE Technologies. They claim that the union will boost conversion rates and revenues for various brands and retailers. The MetaPack Group, is the leading provider of e-commerce technology for retailers’ delivery services. They were recognized as one of the top 50 best-performing technology companies in … Continue reading “The new merger in e-commerce: MetaPack announced partnership with HERE”

Japan faced a deflation problem: Amazon was blamed

Japan’s economy is expanding,but inflation is still weak, partly thanks to price competition from e-commerce companies. The retailers from this country have been cutting prices in response to the rise of online commerce giants like Amazon.com, disrupting what had seemed like perfect conditions for Japan to get the stable dose of inflation it has long … Continue reading “Japan faced a deflation problem: Amazon was blamed”

The golden age of Amazon: the company claims around 37% of e-commerce spend

E-commerce giant Amazon is definitely changing the way consumers are acting and shopping. One of the biggest evidence is that it leads to 37 per cent of all online spend going through the marketplace. New research from Salmon suggested this spend is set to rise. Around 73 per cent of consumers are saying they will … Continue reading “The golden age of Amazon: the company claims around 37% of e-commerce spend”

The newest trend: Will e-commerce kill credit cards?

Retail experts say as more shoppers do their shopping online, they have said goodbye to popular brick-and-mortar stores. Now, experts say they should start saying goodbye to the credit cards that go with them, as consumers favour credit cards that offer rewards for shopping online. The rapid growth of online shopping has led to store closures, meaning … Continue reading “The newest trend: Will e-commerce kill credit cards?”

How UK retailers can use international shopping peaks

More and more retailers are focusing on growing sales in international markets – but how to take this perfect opportunity? UK consumer spending online fell down for the first time since 2013. This happened because British households tightened their belts in the face of rising prices, but not a wage. However, it doesn’t affect the … Continue reading “How UK retailers can use international shopping peaks”

Amazon is changing rules of the Middle East retail world

Not long time ago, the e-commerce was totally unexplored area in the Middle East, however, now it is one of the fastest growing markets in the world, according to a report from BMI Research. The report claims that the Middle East’s e-commerce sales will rise from a 2016 estimate of $22.3 bn to $43.3 bn by … Continue reading “Amazon is changing rules of the Middle East retail world”

George MacDonald: “online-to-offline” trend will reshape retail

George MacDonald, an executive editor of Retail Week, has interviewed many important personalities in the retail world and is often asked to comment latest trends of market in the wider media. Now he shares his thoughts about the future of the retail world. Although Amazon shocks the retail world with buying Whole Foods Market, this … Continue reading “George MacDonald: “online-to-offline” trend will reshape retail”

Amazon deal for Whole Foods targets Walmart stores

On Friday, Amazon.com bought a grocery chain Whole Foods Market Inc for solid amount of money – $14 billion. The e-commerce giant announced its will to beat Walmart in the brick-and-mortar world which purchased Jet.com for $3 billion last year. According to Reuters, Amazon’s purchase of Whole Foods may bring a fall to the $700 … Continue reading “Amazon deal for Whole Foods targets Walmart stores”

Amazon and Alphabet reached $1,000 for the first time ever on share

The shares of tech giant Amazon moved up almost a quarter of a percentage point to the much awaited valuation of $1,000 per share. According to data presented by Barron’s, the company now accounts for nearly 9 per cent of all general merchandise sales in the U.S. except gas, cars, food and restourant services. And … Continue reading “Amazon and Alphabet reached $1,000 for the first time ever on share”