Alibaba Shattered Singles’ Day Records Again in 2017—Here’s How

Alibaba’s 11.11 Countdown Gala in Shanghai, China
Source: FGRT

Singles’ Day, November 11, is the biggest online shopping day in the world. The holiday was originally created in the 1990s by Chinese college students who wanted to celebrate their single status. In 2009, Alibaba used the idea to market… Continue Reading

Amazon Shopping List: Books, DVDs, Clothing, Groceries…and Prescription Medications?

Prescription Medication

Amazon, since its founding, has steadily expanded its product portfolio from just books initially to a massive assortment of goods. In the last couple of years, the company has experimented with offering clothing and food. In terms of clothing, Amazon… Continue Reading

As the World (Re)turns: Returning Stuff Is a Whole Lot Easier than It Used to Be

red mailbox on cartons. 3d illustration

In the ancient days, before e-commerce, when you wanted to return something, you had to go back to the store where you bought it (if you bought it in a store) or wait in line at the post office, if… Continue Reading

Our Top Digital Retail Trends for the Holiday Season

Woman using smartphone with blank screen, festive trumpery frame. Christmas gift search, online shopping, seasonal discounts and sale concept

This holiday season will see digital channels capture more spending, digital devices play a greater role in the shopping process and digital assistants help more shoppers. Here, we share our top trends in digital retailing for this holiday season. US… Continue Reading

Amazon Is Making Big Changes at Whole Foods Market and Creating Waves in Grocery

Different food in paper bag on wooden background, close up. Grocery shopping concept, top view

On August 28—the day Amazon closed its $13.7 billion acquisition of Whole Foods Market—subtle changes were already evident in Whole Foods stores, where recently installed display pyramids offered Amazon’s Echo and Dot intelligent connected devices. On the closing date, Whole… Continue Reading

Toys “R” Us Files for Bankruptcy: Why? And What Does It Mean?

Toys "R" Us Sign

Retail giant Toys “R” Us filed for voluntary Chapter 11 bankruptcy protection in the US and Canada this week, and the news furthered the popular narrative of a “retail apocalypse” in the US. The bankruptcy proceedings do not affect the… Continue Reading

The New iPhones Are Here: Should You Buy the 8 Now, or Wait for the X in November?

Iphone 8 Photo

This week, Apple launched not one long-anticipated new iPhone—but two—whose specifications fell generally in line with rumors and industry watchers’ expectations. There is such a large number of partners and suppliers involved in the creation of any new generation of… Continue Reading

Facial Recognition: Coming Soon to a Smartphone Near You

Source: istockphoto.com

Facial recognition has long been the stuff of science fiction, with books and movies including scenes of facial or retinal scans being used to identify entrants to sensitive military complexes. The technology has also been used for certain niche purposes… Continue Reading

Walmart and JD.com Strengthen Partnership and Launch New 8/8 Shopping Festival

The past week brought news that Walmart and JD.com, China’s largest e-commerce company by revenue, are expanding the strategic partnership they formed last year. One element of this is the launch of a new shopping event—the JD-Walmart 8/8 omnichannel shopping… Continue Reading

Amazon Is Playing Its Part in Changing the Back-to-School Shopping Season

high-angle shot of a rustic wooden table with some pencils and markers and a chalkboard with the text back to school written in it, with a filter effect

Economic conditions look good for back-to-school spending this year—unemployment is low, consumer confidence is at a 16-year high, housing prices have risen and gas prices remain low—leading to healthy forecasts for shopping this season. Fung Global Retail & Technology expects… Continue Reading