“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
Amazon has a special 1.2 million-square-foot facility in Fall River, MA that handles big bulky items. | learn more
This week, the Supreme Court overturned the Quill vs North Dakota decision from 1992 that’s kept sales tax from reaching all online transactions. I think it’s good that the interstate commerce loophole is going away, but managing the complexity of […]
“Sephora has captured the hearts of millions of beauty shoppers and is aggressively expanding across the globe. [CB Insights] dive into how Sephora has succeeded in today’s merciless retail climate, highlighting key lessons for retailers.” | learn more
“Launched by Amazon in early 2017, ‘Spark’ is an app-within-an-app that is intended to promote product discovery and social sharing within Amazon’s ecosystem. Never heard of it? You’re not alone.” | learn more
The demise of the original O.G. of retailing has been fast and public. Many accuse the CEO of self-dealing as he sells off its assets. The billionaire hedge fund manager who’s been at the helm of Sears Holdings for 15 […]