How do you reimagine yourself in the context of a world that now is entirely digital? Customers are thinking very actively about how they actually create products and services that essentially create value for customers entirely digitally.
RetailConvergenceTrends
RetailConvergenceTrends
What We’re Really Seeing Is the Integration of Bricks and Clicks
What we’re really seeing here is the integration of bricks and clicks says Cohen retail analyst Oliver Chen. Target really hit the bull’s eye on their numbers.
Target CEO: Digital Growth Is Industry Leading – Up 200%
Brian Cornell, CEO of Target, discusses their second quarter earnings report which saw the largest growth in the company’s history.
Luxury Online Retailer Farfetch Focusing on Technology to Improve the Consumer Experience
Luxury online retailer Farfetch, where prices start at around a thousand dollars, had a breakout IPO on Thursday raising $885 million while setting a valuation of $6.2 billion on the company.
Doordash COO: Bringing The Entire Walgreens Store To Your Door
Doordash has announced that they have partnered with Walgreens to ultimately bring the entire Walgreens store to the door of 100 million Americans.
COVID Simply Accelerated Retail Death Spiral
The fact is that COVID has already accelerated everything that was taking place in the marketplace says the former co-CEO of Whole Foods, Walter Robb.
Used Car Sales Way Up – Defy Dire Expectations, Says Carvana CEO
Ernest Garcia, CEO of automotive ecommerce retailer Carvana, discusses how COVID has surprisingly been a boon to the used car market over the last several months.
Amazon Reports Earnings, Will Spend Q2 Profits On COVID Expenses
Amazon released its first quarter results, beating analysts revenue estimates while falling short of their earnings-per-share estimates.
Microsoft Permanently Closing Retail Stores
They’ve become a familiar sight in shopping malls, but Microsoft has announced it is permanently closing its retail shops.
Just Eat Takeaway Buying Grubhub For $7.3 Billion
European-based Just Eat Takeaway has entered a definitive agreement to buy Grubhub for $7.3 billion.