This article has greatly expanded my perspective on China! “Jiayang Fan on how JD.com is expanding its consumer base with drone delivery and local recruits who can exploit villages’ tight-knit social networks.” | learn more
To round out the retail trifecta this week, here’s the Fast Company story of how Club Monaco continues to rewrite the rules of being a legacy retailer. | learn more
Similar to the above story about discount softlines retailers, Bloomberg explains why Best Buy hasn’t been killed off by Amazon. | learn more
CNN breaks down the key to their resilience in the face of internet retail competition. | learn more
I’m not sure this mirrors my personal ecommerce experience, but since we don’t store credit card info maybe we’re not as good of a target. | learn more
“Amazon reported sales of $52.9 billion for the second quarter, up 39 percent from the year-ago period when it saw $38 billion. For the April quarter, retail rival Walmart grew sales by $5 billion year over year and brick-and-mortar retailer […]
It seems that every internet retailer that touches their own inventory has a problem: returns. Everybody hates dealing with them, but they’re a necessary component of the retail business. Guy Turner, partner at Hyde Park Venture Partners, offers an idea […]
“An outcome of Amazon’s acquisition of Whole Foods: Food businesses are redesigning their packaging and product formulas to better sell on the web.” | learn more
Niraj Shah and Steve Conine are the founders of Wayfair.com, an internet retailer with over $4B in sales that was once an assortment of 250 disparate niche websites. They tell their interesting founding story in this interview. | learn more
CNBC highlights small brands that seem to have a long runway ahead of them. A refreshing change of pace from the “retail apocalypse” news. | learn more