When Sephora was founded in France in 1970, the store provided a new, first-of-its-kind experience for beauty product consumers. The open-sell environment allowed shoppers “behind the counter,” so to speak, upending the traditional department store model that relied on a commission-based interaction with a consultant at the beauty counter.
The brand opened its first store in the U.S. in 1998, giving Americans the ability to try products on before investing in them and creating an experience that many beauty consumers still primarily associate with Sephora stores. But just a year after that, the company also launched its online store, making its range of products available to fans who didn’t have access to a retail location in their hometowns.
Not to change the topic here:
Ecommerce Product Releases: November 16, 2020 | Practical Ecommerce
Instagram introduces Reels and Shop tabs . Facebook has announced changes to Instagram : a Reels tab and a Shop tab. The Reels tab makes it easier for users to discover short, fun videos from creators. The Shop tab gives users a better way to connect with brands and creators and discover products. With the Shop tab, users can find personalized recommendations, editors' picks curated by a @shop channel, shoppable videos, new product collections, and more.
* * *
I2c partners with Purewrist to provide wearable solutions for contactless payments . I2c Inc., a provider of digital banking and payment processing technology and infrastructure, has announced its partnership with Purewrist, which provides contactless payment services and wearables. I2c's platform will be leveraged for transaction processing of tap-and-go payments made with the Purewrist GO wearable at near-field communication contactless readers.
Walmart Retreats Around Globe to Focus on E-Commerce - WSJ
TOKYO— Walmart Inc. threw in the towel on Japan after 18 years, selling most of its stake in a local supermarket chain and continuing its retreat from slow-growing global markets in favor of e-commerce bets.
Private-equity firm KKR & Co. will buy 65% of Tokyo-based Seiyu GK in a deal that values the 329-store, 34,600-employee chain at just over $1.6 billion, the companies said. Walmart will retain 15%, while Japanese internet company Rakuten Inc. will take 20%. Walmart also will retain a seat on the board.
Shogun Helps eCommerce Merchants Build Websites | PYMNTS.com
Yes, a Shogun was a feudal lord in 16th century Japan who commanded rival military units. It is also the title of an epic 1,200-page novel by James Clavell, which has sold more than 12 million copies so far.
The simple version of a complicated story is that Shogun has created a technology that enables state-of-the-art eCommerce tech usually reserved for bigger companies like headless commerce and progressive web applications. It integrates on top of platforms like Shopify , BigCommerce , Magento and Salesforce Commerce Cloud .
Check out this next:
Introducing SellEasy: Create an eCommerce website and start selling online in 2 minutes.
Delivery, Payment, Messaging, Sales Performance, Product Insights and Inventory Management, all on one platform.
Selling online can be tedious, expensive and time-consuming. Businesses, SMEs and Private Sellers trying to launch an online store are faced with issues such as sourcing and paying for eCommerce website development, integrating a payment gateway, handling delivery, managing inventory and increasing sales. SellEasy solves these problems by making it easy for Sellers to launch their businesses online with all the tools and support they need.
SK Telecom and Amazon enter equity deal for ecommerce boost | ZDNet
SK Telecom and Amazon said on Monday that they have entered into an equity participation agreement to collaborate on the growth of the carrier's ecommerce business.
The US ecommerce giant will also get preemptive rights over shares of 11th Street, dependent on business performance. The precise terms of the deal have not been revealed.
Amazon and 11th Street will announce the specifics of their new collaborative service at a later date when they are ready, SK Telecom said.
E-Commerce Is Reshaping Direct-To-Consumer Fulfillment
Workers sort packages for delivery at a warehouse of China Post Group in Hengyang, in central ... [+] China's Hunan province on November 12, 2020, a day after the end of the Singles' Day shopping festival. (Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty Images)
E-commerce is in the midst of a long-term, sustained, global growth trend that is transforming the retail landscape as well as retail fulfillment operations. Although the trend is global, the US Census Bureau provides detailed, official domestic estimates that assist in quantifying the magnitude of this transformation. Total US retail sales grew at an average annual rate (CAGR) of 3.4 percent from 2013 to 2018.
Walmart to place pop-up e-commerce DCs inside regional facilities - FreightWaves
Walmart Inc. (NYSE:WMT) said it will place pop-up e-commerce distribution centers inside 42 of its U.S. Regional Distribution Centers (RDCs) in a move to create more dedicated space to fulfill and deliver an expected mountain of online orders.
The Bentonville, Arkansas-based retail giant forecast that he pop-up stores will be responsible for handling 30% of its peak e-commerce volumes. RDCs traditionally ship pallets of goods to retail stores, a distribution process that’s much different than facilities designed to pick, pack and deliver parcels to individual residences.
No comments:
Post a Comment