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January 9, 2013
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News about digital retail commerce

  Top Story 
  • Target to match website prices in stores
    Target will match online prices of rivals Amazon, Best Buy, Wal-Mart Stores and Toys R Us year-round, extending a program launched during the holidays to appeal to budget-conscious shoppers. In what analysts see as a more significant move, Target will also match prices in stores to those on its website. Reuters (1/8) LinkedInFacebookTwitterEmail this Story
Winning Strategies to Compete with Online-Only Players
APT with research from The Economist Intelligence Unit: How is online competition shaping traditional retailers' strategies? 250+ global executives weigh-in. Download the full report to read more.
  Online Retail Trends 
  • Survey: Wealthy shoppers spend 80% more online
    Affluent consumers spend 80% more than the average shopper buying goods including apparel, accessories, jewelry and watches online, according to Martini Media's Affluent Online Shopper Index Powered by comScore. They're also 40% more likely to make a purchase on a luxury site and also more inclined to do pre-purchase research online, the study found. MediaPost Communications (1/8) LinkedInFacebookTwitterEmail this Story
  • The pros and cons of online consignment
    Online consignment shops such as and aren't constrained by the same space limitations as physical stores so they can allow sellers to list their goods for longer periods and potentially reach a much larger audience, industry experts say. U.S. News & World Report (1/8) LinkedInFacebookTwitterEmail this Story
  New Media & Technology 
  • Best Buy's iPad app aggregates deals, customizes content
    Best Buy's new Apple iPad app "is more focused on online sales ... helping them maximize their business opportunity, maximize their customer service and bring convenience to their customers as much as they can," says analyst Isabella Lin, content director at Appitalism. The app aggregates deals and allows users to personalize the presentation. (1/9) LinkedInFacebookTwitterEmail this Story
  Companies in the News 
  • Amazon will open first N.J. fulfillment center in 2014: Amazon announced plans for the first of two New Jersey fulfillment centers, a 1 million-square-foot facility in Robbinsville that will employ about 700 when it opens early next year. Under an agreement hashed out last year, the online retailer will begin collecting New Jersey sales tax in July. The Times (Trenton, N.J.) (1/8) LinkedInFacebookTwitterEmail this Story
  • Other News
  Interactive Advertising 
  • Digital spending to hit $118.4 billion in 2013
    Global brands will spend $118.4 billion on digital campaigns in 2013, up 15.1% from last year, according to an eMarketer analysis. Double-digit growth is expected to continue through 2015, by which point digital will account for about a quarter of all ad spending. eMarketer (1/9) LinkedInFacebookTwitterEmail this Story Spotlight 
  • Retail's BIG Show 2013: There‚Äôs an app for that
    Those headed to New York this weekend for Retail’s BIG Show, Jan. 13 to 16, have a convenient way to access all event information. The free event mobile app, titled NRF BIG Show 13, is now available in the App Store and Google Play and provides session information, show agendas, maps, social networking, exhibitor information and much more at your fingertips. Download the app now. LinkedInFacebookTwitterEmail this Story
  • Building an e-commerce business in China: A guide for Western retailers
    China’s Ministry of Commerce reported that web-based business-to-consumer sales in 2011 reached $124.22 billion, further reinforcing expectations that China will soon overtake the U.S. as the largest online shopping market. In a new white paper posted in the library, hybris software examines the significant technical and cultural differences retailers must understand to meet the distinctive needs of Chinese consumers, and identifies best practices for evaluating e-commerce vendors and platforms. Download the white paper. LinkedInFacebookTwitterEmail this Story
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If you want to test your memory, try to recall what you were worrying about one year ago today."
--E. Joseph Cossman,
American entrepreneur and inventor

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