United Parcel Service Inc. expects most retailers to agree to higher shipping prices during the weeks leading up to Christmas, which it says are necessary because of the glut of online orders.
Chinese e-commerce giant Alibaba Group Holding Ltd. and its Indian associate Paytm E-commerce Pvt are in talks to invest about $200m for a stake of roughly 20 percent in India's leading online grocer, Bigbasket, according to a person with direct knowledge of the negotiations.
Jet.com Inc., the online retailer owned by Wal-Mart Stores Inc., and real-estate technology startup Latch are aiming to expand their reach by offering a free system to New York City landlords to potentially make shopping online easier for tenants in nondoorman buildings.
The chief executive of Birkenstock USA has emerged as an unlikely crusader in a growing battle between smaller retailers and ever-expanding giant Amazon.com.
In January 2013, Kim Jordan, the cofounder and CEO of New Belgium Brewing, called an all-hands meeting and stunned employees by announcing that the company had been sold.
Shares of Sears Holdings soared as much as 19 percent last week to their highest level this year, after the limping retailer announced plans to sell its Kenmore appliances on Amazon.com.
Many say retail is changing, or that it's evolving too fast for retailers to keep up. But this is just a pixel of the digital transformation picture. The hard truth is shoppers are changing and Generation Z (everyone born after 1995) is giving us a glimpse into the near future of the retail revolution.