Walmart and Amazon have launched cyber attacks in China with the purest of commercial motives. Walmart is unveiling a mobile shopping app while Amazon is increasing its imported item count from 80,000 to 1.6 million.
Macy's Inc. plans to relocate its West Sacramento, Calif., direct-to-consumer fulfillment center to a larger facility in a nearby location to support continued sales growth driven by its omnichannel strategy.
As retailers look ahead to the holiday selling season, e-commerce platform provider Volusion predicts that online sales during the holiday season will grow 9 percent compared to last year for small- to medium-sized businesses.
Over the next 10 years, online retail will continue to gain popularity in both developed and emerging markets and as a result, logistics companies are set to play a key role in providing vital supply chain management solutions that are able to evolve with consumers' changing shopping habits.
Digital interactions influence 36 cents of every dollar spent in the retail store, or approximately $1.1tr, according to the latest study from Deloitte Digital. By the end of 2014, that number will climb to 50 percent, or $1.5tr of total store sales.
With 92 percent of retailers selling online, 68 percent maintaining brick-and-mortar stores, and 64 percent utilizing catalogs, retailers are embracing a multichannel approach to meet buyer expectations and battle for market share, according to Jones Lang LaSalle's latest report, Retail 3.0: the evolution of multi-channel retail distribution.