Overstock could cut delivery times to 2 days | Chipotle to improve mobile ordering apps | Indian consumers prefer Amazon over Flipkart
August 18, 2017
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Overstock could cut delivery times to 2 days
Overstock is reportedly negotiating with XPO Logistics for warehousing, distribution and transportation, a deal that would cut delivery times to two days for 87% of the online retailer's US customers, sources said. Deliveries of online furniture orders can take weeks, and the deal would give Overstock an edge over competitors such as Wayfair.
New York Post (8/16) 
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The 2017 Holiday Retail Outlook
Retailers earn 40% or more of their revenue during the holiday season. Epsilon's research provides retailers with rich insights, expert advice, and actionable recommendations to make the most of this holiday season. Download the white paper
Companies in the News
Chipotle to improve mobile ordering apps
Chipotle Mexican Grill has partnered with Deloitte Digital to update its mobile ordering apps for iOS and Android. The redesigned apps are set to launch this fall and will include improved meal customization tools and expanded payment options featuring Apple and Android pay.
Chain Store Age (8/17) 
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Indian consumers prefer Amazon over Flipkart
Amazon India has surpassed competitor Flipkart in regards to customer preference for online shopping, according to a Forrester Research survey. Amazon's Prime service was a favourite among shoppers, with 80% of them choosing Amazon as a go-to shopping site compared to less than 65% for Flipkart.
The Times of India (8/17) 
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Other News
Consumer Engagement
Twitter celebrates the hashtag's 10th birthday, looks to future
Twitter celebrates the hashtag's 10th birthday, looks to future
(Loic Venance/AFP/Getty Images)
In this interview, Twitter executive Dara Nasr talks about how far the platform has come and where it's headed, with next week marking the 10-year anniversary of the hashtag. Nasr discusses combating trolls with machine learning and better reporting, plus the platform's focus on creating mutually rewarding relationships with media companies, such as news publishers and TV networks.
The Drum (Scotland) (8/17) 
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Strong growth seen for content marketing with a boost from mobile, social media
Global content marketing revenue is on track this year for 14% annual growth, duplicating last year's gain, according to a forecast by PQ Media. The report also highlights the role of mobile apps, noting that they are "go-to" platforms for posts on social media.
MediaPost Communications (8/16) 
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Online Retail Trends
Jump in retail sales led by e-commerce
Retail sales were up 0.6% in July with sales at non-store retailers increasing 1.3% for the month and 11.5% from last year, according to a report from the Commerce Department. Some traditional retailers, though, recently reported sharp sales decreases.
The Wall Street Journal (tiered subscription model) (8/15) 
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Fast-fashion retailers play catch-up in e-commerce
H&M is working on an effort to boost the fast-fashion retailer's e-commerce presence, CEO Karl-Johan Persson said earlier this year, but H&M, Zara and other fast-fashion players have moved slowly into online retail as it has continued to grow. Last year, online sales of apparel and footwear accounted for 15.5% of overall sales in the US, 18.7% in the UK and 25.9% in China.
The Business of Fashion (8/17) 
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Shop.org Spotlight
L2's Scott Galloway to speak at Shop.org
Edgy, provocative and bold, Scott Galloway is the founder of digital intelligence firm L2 and a professor at the New York University Stern School of Business who knows what it takes to win in the digital age. Galloway -- who predicted that Amazon would buy Whole Foods before it happened -- will share insights at Shop.org in September. Learn more and register to attend.
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Shop.org SmartStat: Aug. 18, 2017
Only 36% of Generation Z say they feel a strong connection or loyalty to any brand. Source: "Gen Z Brand Relationships" conducted by IBM via NRF Retail Library.
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Connect with e-commerce peers in Dallas
NRF's regional dinner series continues with a Digital Dinner in Dallas on Sept. 14. These networking events are held throughout the year and offer retailers opportunities to connect with industry peers from around the world. Registration is free for retailers but space is limited. Learn more.
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