With the June acquisition of PillPack and quieter forays into beauty, Amazon has demonstrated its intent to move into the online pharmacy business as well as the space dominated by Sephora and Ulta Beauty. Should traditional pharmacies and beauty retailers be concerned by Amazon’s exploration of new product categories?
Dollar stores have been said to be Amazon-proof because of their solid brick-and-mortar model. But this overwhelmingly analog segment isn't immune to digital shopping behavior. According to June 2018 data from Inmar, dollar store customers like digital coupons even more than the average US consumer.
Although there’s plenty of reasons to shop digitally, a new study found—once again—that some in-store elements can’t be replicated online.
Despite persistent gloom and doom surrounding the retail industry, the first half of the year has been positive for most product categories. According to the newly released monthly retail sales report from the US Census Bureau, for H1 2018, retail sales (excluding auto parts and gasoline) totaled $2.06 billion, up 4.9% year-over-year.
How much of an impact has Amazon's annual Prime membership increase really had on consumers? Not that much, according to a recent survey from AlixPartners, which polled 1,124 US internet users in July.
If it seems like there’s been a flurry of retail acquisitions and partnerships recently, it’s not your imagination. Due to slow organic growth, retail and consumer products companies are turning to often smaller, nimbler companies to boost digital innovation—from getting better consumer insights to cutting-edge logistics.
The once online-only merchant is planning to launch a holiday toy catalog this year, stepping in to fill the role that used to belong to Toys "R" Us, which produced its "Big Book" catalog every year. But what may seem like an off-brand move isn't that unusual.
For the most part, consumers have a game plan when they enter a store—they know what they intend to buy and stick closely to their shopping list. Still, in-store shopping has one advantage that online doesn't: the ability to see and feel items in person.
The US retail industry will continue to dominate the digital ad business this year. Retailers will spend $23.50 billion on digital ads, up 18.7% over last year, representing nearly 22% of US digital ad spending, according to eMarketer estimates.
In a case brought by the state of South Dakota, the US Supreme Court ruled that online retailers are no longer exempt from sales tax. This not only has great implications for the 45 states that rely on sales tax, but also for online retailers like Wayfair and Overstock.com, which have argued that tax collection would be a logistical challenge and an unfair burden, particularly on smaller merchants.