Once shunned by luxury brands, online retail channels in China increasingly present the best option for companies to drive revenue growth.
The retail giant's latest results show the impact of its aggressive ecommerce moves, ranging from an expanded marketplace to creative delivery solutions, in its fierce competition with Amazon.
Although the fourth most shopped womenswear retailer as of this year, Amazon has gained more shoppers than any other featured top retailer.
Digital shoppers in Australia are still largely using their desktops to make purchases. Smartphones and tablets are much less likely to be tagged as consumers' primary ecommerce devices.
Asia-Pacific is home to the largest retail market worldwide, making up 40.7% of global retail sales in 2017, eMarketer estimates. More than half of those sales will come from consumer spending in China alone.
In its first quarterly earnings report since going public, Blue Apron posted a mixed bag of results that show both the promise and the challenges of the meal kit space.
The UK retail market has been hindered by slumping consumer confidence, stemming from inflation and stagnant wages. Still, total retail sales will increase 2.9% this year, with ecommerce driving much of the growth.
Major retailers from Macy’s to Walmart will report fiscal second quarter earnings in the next few weeks, and the results will provide new signals of where and how consumers want to spend their time and money, and which sectors are likely to withstand pressure from Amazon.
Retail ecommerce sales in the country will rise by more than $3 billion this year, according to eMarketer's latest estimates, reaching a total of $42.46 billion. Overall retail sales in France—excluding travel and event tickets—rose 1.4% in 2016, eMarketer estimates, but will grow only half as fast this year as more people buy digitally.
Alibaba’s Hema supermarkets are a step into the company’s “new retail” concept, with the goal of a seamless shopping experience between the online and offline retail worlds.