Remove 2009 Remove Branding Remove Management Remove Online
article thumbnail

UK Agencies Paint Stark Reality For Retail

PYMNTS

The Confederation of British Industry (CBI) said on Thursday (March 26) that its monthly survey of retailers showed the weakest outlook since April 2009. The CBI says retail sales volumes will fall sharply to April, with retailers more pessimistic than at any time since April 2009. The results of its survey suggest that U.K.

Retail 141
article thumbnail

Alibaba’s Singles’ Day Will Double As Economic Barometer

PYMNTS

11), with analysts expecting companies to ring up billions of dollars in online sales. "If billion in online sales. While largely promoted by Chinese eCommerce giants Alibaba (and its Taobao unit) and JD.com, the online shopping festival has expanded beyond mere gift-buying, product launches and promotions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

eBay Seeks Buyer For Korean Division

PYMNTS

Online marketplace and auction site eBay is looking to unload its South Korean unit, according to a report by Reuters. The unit includes one of the biggest online marketplaces in the country, called Gmarket. Gmarket was acquired by eBay in 2009 for around $1.2 The deal as a whole could potentially be worth $5 billion.

Regional 140
article thumbnail

Merchants Have Mixed Feelings About Walmart’s Online Marketplace

PYMNTS

Contrary to what “People of Walmart” would have you believe, the big-box retailer isn’t just for one demographic of shoppers, and it’s trying to prove that by making a name for itself in the online marketplace world. Conversely, she said, “Amazon’s branding seems focused on delivery efficiency.

Online 101
article thumbnail

Online Platforms: Why Consumers Rule And Regulators Don’t

PYMNTS

By 2009, A&P had shrunk in size and became a modestly sized regional chain. It vertically integrated its supply chain, building plants so that it could make and sell its own branded products at lower costs. The brands that wanted access to the A&P shopper and were willing to play ball were rewarded.

article thumbnail

Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

If there was any stigma left about used clothing it may have been erased last week as Nordstrom put its high-end brand on what it calls “re-commerce.”. Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue.

article thumbnail

Data Enablers: Thinkwrap, Growing eCommerce Opportunities

PYMNTS

But how to make that website cull more revenue, increase online and in-store traffic and tailor the experience to the customer is where data can help retailers — especially in this ever-growing omnichannel world. Maloney said that clients have exceeded online revenue growth expectations while working with the company.

Data 126