Sales of sweet and salty snacks have surged for online retailer Amazon, with US revenue in these categories climbing 42% during the first eight months of 2017, according to data from One Click Retail. Amazon's most popular items in the category are chocolate and chips, followed by candy, jerky and cookies, the data revealed.
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Upwards of 100 cities, counties, provinces and states in the US and Canada hope to throw their hats in the ring to win Amazon's $5 billion second headquarters. Amazon has set an Oct. 19 deadline for formal proposals from hopeful candidates, some of which are expected to offer billions in incentives.
In its 18th year, China's Alibaba Group Holding is looking to cloud-computing services and brick-and-mortar retail for future growth, founder Jack Ma said in a Bloomberg News interview. Ma, who founded the $458 billion company in his apartment, talks about growth, competition and dealing with government regulations.
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Using algorithms to analyze a brand's Facebook interactions could produce better sales predictions, according to research led by Antonio Moreno of the Kellogg School of Management. The study focused on an online apparel retailer using data from the first half of 2013.
Snapchat has introduced 3D Bitmojis to face and World Lenses, enabling users to place their emoji avatars in the real world and create animated scenes. Bitmoji, which is owned by Snap, was getting over 10 million unique visitors a month at the end of last year, per comScore.
Square's intelligent new retail POS system was built for retailers like you. The system Includes a retail point of sale app, multi-location, real-time advanced inventory management, a smart customer directory and integrated employee management. Learn more.
You can't afford to ignore Millennials. According to Ad Age, Millennials will spend over $200 billion annually starting in 2017, and $10 trillion over their lifetime. Appealing to them gives you access to customers with powerful purchasing power. Here's how to begin.
Shoppers' preference to see and pick out their own foods continues to hold back greater acceptance of online grocery shopping, according to a survey from Morgan Stanley. About 84% of shoppers cited this reason for deciding not to buy groceries online, a number that was unchanged from last year, the survey found.
European online retailers have been building big private-label fashion lines to stay competitive as Amazon grows and traditional retailers expand through e-commerce. Germany-based Zalando's 17 private-label brands bring in $599 million in annual sales, and UK retailer Asos expects its exclusive labels to soon account for half of total sales.
Danielle Weisberg and Carly Zakin were two young NBC news producers when they started theSkimm, a news-roundup e-mail designed to keep time-starved millennials in the know. Since then, the company has grown to more than 50 employees and 25,000 "Skimm'bassadors" (fans who help promote the brand), and offers a mobile app and a new video series where celebrities deliver theSkimm from the tub. Read more.
Retailers, nonprofit organizations and a Baltimore city workforce agency joined forces with the NRF Foundation this week to host a hiring fair for more than 100 job seekers who recently completed Retail Industry Fundamentals, one of the credentials in the foundation's RISE Up job-training initiative. The 15-module program prepares learners for positions as entry-level retail associates in distribution centers, call centers, fulfillment centers or stores. Read more.