(source: en.wikipedia.org)
General Electric (GE) is the one of the world’s oldest and largest industrial manufacturers with roots that can be traced back to the late 1800s and Thomas Edison’s lab. The 142-year-old company touches nearly every aspect of today’s economy, from healthcare and aviation to energy...
At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. Then came the COVID-19 pandemic, triggering a massive shift online as stores closed...
Alibaba and its big grocery play have grabbed some global attention this week as the eCommerce giant has invested $3.6 billion for a controlling stake in the “hypermarket” operator Sun Art Retail Group. The deal will give Alibaba a controlling 70.94 percent equity interest in Auchans’...
COVID-19’s economic impacts continue to roil the auto industry, but rather than hurt sales, the pandemic is just increasingly moving them to digital channels. The age-old process of “kicking the tires” of a vehicle at a local dealership is increasingly moving to deal-hungry shoppers “clicking the tires”...
Snaps is teaming up with Instagram as the social media giant gears up for the holiday shopping season by sprucing up its commercial appeal to the major brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Shopping is increasingly done remotely, but when it comes to luxury goods, appealing to high-end consumers requires personalized digital connections and a memorable experience, Zornitza Stefanova, founder and CEO of global luxury-shopping platform BSPK told PYMNTS. Whether that comes in the form of video, live chats...
Direct-to-consumer (D2C) selling has taken wing with the ascendance of eCommerce to retail’s throne. What was once a small but meaningful constituency — online shoppers — suddenly seem to be holding all the cards. How consumer packaged goods (CPG) brands and subscription-based businesses respond to...
The popular social app TikTok is driving toy sales as the platform becomes a popular entertainment vehicle for children, tweens and teens, according to a Friday (Oct. 15) CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The growth of social shopping is driving the world’s biggest retailer to go after a piece of TikTok, Walmart CEO Doug McMillon told CNBC on Thursday (Oct. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
