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Farid Mheir
June 30, 2021 2:04 PM
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Online apparel sales accounted for 46.0% of total U.S. apparel sales in 2020 and grew faster than in previous years.
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Farid Mheir
June 25, 2021 2:30 PM
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The retailer of the future will harness the power of data, quantum computing, artificial intelligence, and augmented reality, says serial entrepreneur and technology expert John Straw.
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Farid Mheir
June 25, 2021 12:10 PM
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In our 15-criterion evaluation of product information management (PIM) providers, we identified the 10 most significant ones — Akeneo, Contentserv, IBM, Informatica, inRiver, Riversand, Salsify, Stibo Systems, Syndigo, and Winshuttle — and researched, analyzed, and scored them. This report shows how each provider measures up and helps eBusiness professionals select the right one for their needs.
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Farid Mheir
June 22, 2021 6:40 PM
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PayPal is upping some of the fees it charges merchants for its payment services and lowering rates for its payment processing service to boost revenues and compete more heavily with payment processors.
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Farid Mheir
June 10, 2021 3:46 PM
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The near-exclusive digital focus of 2020 accelerated the eCommerce landscape. Innovative retailers operating an enterprise marketplace have paved a path to achieve higher - and sustainable - growth by turning to a curated network of third-party sellers. Innovative retailers operating an enterprise marketplace have paved a path to achieve higher - and sustainable - growth: a curated network of third-party sellers. These third-party selling partners provided retailers with: - Top-line GMV gains of more than $100,000 per seller
- Bottom-line revenue contributions of nearly $15,000 per seller
- Expanded product assortment, up 32% YoY
- Boosted web traffic up 34% YoY
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Farid Mheir
June 10, 2021 3:37 PM
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For a marketplace to be disruptive, it must identify either new supply, new demand, or both — targeting individuals or businesses who were unable to profitably produce or consume goods and services in incumbent channels. And the most powerful disruptive marketplaces are often those that simultaneously connect nonconsumers with nonproducers.
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Farid Mheir
June 4, 2021 7:12 PM
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The retail, fashion and beauty sectors are rapidly evolving due to the impacts of new technologies and evolving customer behaviour.
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Farid Mheir
June 3, 2021 11:01 AM
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Should we still be talking about online and offline retail, or about trucks versus boxes versus bikes?
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Farid Mheir
May 28, 2021 4:15 PM
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We hope you'll appreciate learning about:
in-depth insights from top marketplace leaders consumer surveys on buying behavior 10 exclusive tips for marketplace sellers
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Farid Mheir
May 28, 2021 12:12 PM
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To evaluate which edition is best for your business, we highlighted the key differences between Magento Open Source and Adobe Commerce on various parameters such as business size, cost, features and support.
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Farid Mheir
May 25, 2021 8:24 AM
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Reinforcement learning is quickly becoming accessible to any business as a tool for innovation and solving complex business problems.
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Farid Mheir
May 24, 2021 11:49 AM
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Amazon is one of the first stops online for millions of digital consumers. While this means huge opportunities for merchants, selling on Amazon can be complex without a solid strategy – and the right tools. Look before you leap with our reader-friendly guide.
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Farid Mheir
May 12, 2021 4:02 PM
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Amazon has been able to scale indefinitely because it treats every product as an interchangeable packet, and doesn’t need to know what they are, only what they weigh. But if it doesn’t know what it sells, that’s only half a retailer. And what would happen if it could change that?
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Farid Mheir
May 11, 2021 2:34 PM
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To remain viable over the next decade, leading brands must reconceive the physical store by focusing on four functions where the in-person experience provides customers with clear and defendable value.
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Farid Mheir
May 7, 2021 1:49 PM
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Our retail tech report takes a data-driven look at global retail technology investment trends and top deals, highlighting areas of interest across the retail landscape.
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Farid Mheir
May 4, 2021 2:46 PM
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We won’t just connect the local online shopper to the local store, but also the local store to the online shopper. Content will increasingly become hyperlocal. Beauty Counter last month announced it was opening a live streaming studio in the back of its retail shop, clever use of retail space in a real estate market desperately looking for new uses of it.
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Farid Mheir
April 29, 2021 11:21 AM
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Dynamic pricing isn’t just for travel companies or e-commerce giants, and it doesn’t necessarily require ultrasophisticated software that changes every product’s price multiple times a day.
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Farid Mheir
April 27, 2021 6:12 PM
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The expanding global warehouse footprint, along with the rise of fulfillment centers, will require a 50% increase in staffing by 2025. Piece-picking orders are far more labor-intensive as compared with palletized distribution centers. Together with the challenges presented by COVID-19, competition for labor has been tight in some markets. This is where automation projects to facilitate the increased volumes and decreased delivery times have surged. Still, with an estimated 60% all warehouses being operated in regions where the cost of labor cost is under $10 per hour, this very much remains a manual enterprise.
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Farid Mheir
April 26, 2021 10:54 AM
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As we come out of lockdown, UK ecommerce penetration is 50% higher than the USA. What does that do to retail, and to startups, if it sticks?
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Farid Mheir
April 19, 2021 10:53 AM
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Amazon has 147 million Prime members in the United States, according to estimates from Consumer Intelligence Research Partners.
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Farid Mheir
April 15, 2021 7:27 PM
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Toronto-based Ghost Kitchen began more than five years ago. The concept it designed includes a footprint of about 2,500 to 3,000 square feet where it runs anywhere between 20 and 30 international brands out of one kitchen. Sales are either through walk-in with its own technology and QR codes, with no customer interaction in front of the house, or through third-party delivery. Customers can buy from any of the food brands at the same time.
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Farid Mheir
April 10, 2021 5:18 PM
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Instacart: The firm will be working with JPMorgan Chase to issue a credit card that will reportedly let customers earn 5% cash back on Instacart purchases. The card is said to launch next year. DoorDash: The company is rumored to have several bidders lined up for its rewards credit card, including JPMorgan Chase, but is reviewing its options before making a decision in the next few weeks. DoorDash is also in the process of recruiting restaurant partners and stores to offer cardholders rewards and discounts on a rotating or permanent basis.
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Farid Mheir
April 9, 2021 7:09 PM
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It makes sense that home improvement retailers leaned the heaviest on click and collect, given the size and weight of many of their products, and the fact that buyers—including small businesses, contractors, and repair service providers—often need these products immediately. The big-box retailers came in just behind the home improvement retailers, followed by department stores like Macy’s and Nordstrom, which saw the least dramatic transitions to click and collect. The lower figures for department stores can partially be attributed to the complete closure of certain locations during the height of the pandemic, thus precluding click and collect and forcing customers into traditional ecommerce delivery. Additionally, demand for apparel was low last year when compared with other product categories. But the lower click-and-collect share figures for department stores probably comes down to consumers still preferring home delivery for lower-priority, less time-sensitive items like clothing and accessories.
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Farid Mheir
April 9, 2021 6:55 PM
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Enterprise marketplaces provide many tangible benefits to both B2C and B2B companies. Application leaders can use this Market Guide to understand the complexities of operating a marketplace, which vendors can help them develop a marketplace and what features they should consider.
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Farid Mheir
April 4, 2021 11:52 AM
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Google Shopping has gone through quite the metamorphosis over the years. Back in 2002, it was called Froogle upon launching - a pun on the term frugal - and was later renamed to Google Product Search in 2007. Then, it was renamed yet again to Google Shopping in 2012 and went through several iterations even within itself relating to how information was presented to users.
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Curated by Farid Mheir
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WHY IT MATTERS: almost half of all clothes sold in the US are sold online, and more than one third of those are sold on Amazon. The impact of eCommerce and marketplace on retail is real and mainstream.