Hearing from JD.com and Alibaba’s Tmall on the Distinctions of Chinese Retail

WRC Alibaba

This week, the Coresight Research team was at World Retail Congress 2018 in Madrid. There, we heard senior executives from China’s two e-commerce giants—JD.com and Alibaba—speak about what makes Chinese retail unique and what the future of retail could hold.… Continue Reading

There Is Much We Can Learn from Retail in China

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Shopping is different in China. There, it’s an integral part of social conversations, and it’s not uncommon for people to show each other what’s in their digital shopping carts at dinners and other gatherings. Online, Chinese retailers offer shoppers a… Continue Reading

Tired of Your Old Jeans? Recycle ’Em!

lot of blue jeans isolated on white background

US retailer Target just announced that for a two-week period (March 11–24), customers in the Pacific Northwest can drop off any kind of denim jeans at its stores and receive a coupon good for 20% off a new pair of… Continue Reading

Fewer Happy Returns in Retail Land as Companies Tighten Generous Return Policies

Vintage leather and rubber winter snow or rain boots. Studio shot on a gray background.

Retailers have finally started to scale back liberal return policies in the face of a litany of abuses by customers. Although there are many legitimate reasons for returns—including receipt of a damaged product, the wrong item or a product that… Continue Reading

Amazon Finally Opens Its Amazon Go Store…in a Changed, Crowded World

Source: istockphoto

On January 22, Amazon finally opened its unstaffed, cashless Amazon Go retail store to the public, and long lines of consumers queued up to get a glimpse of the future of retail. The store achieves its cashier-free magic by relying… Continue Reading

CES 2018 Wrap-Up: Lots of Nice Toys, but No Killer Apps This Year

Volkswagen selects Nvidia to infuse AI into future vehicle lineup

The FGRT team attended this year’s CES trade show in Las Vegas last week. From the preshow press days through the final day of exhibits, it was, as usual, a whirlwind experience. There seemed to be no new killer apps… Continue Reading

Sam’s Club Is Closing One-Tenth of Its Stores and Converting 12 to E-Commerce Hubs: Proof That Store Closures Have Become Respectable?

Walmart

Walmart did not enjoy the positive headlines for very long this past Thursday. Shortly after the company announced that it will be pushing up its hourly wages, boosting parental leave benefits and handing out bonuses to most store-based staff at… Continue Reading

“Will that Be Cash, Credit, WeChat Pay or Alipay?”

Mobile commerce

Some 40 years ago, American Express told its credit card holders, “Don’t leave home without it.” If that famous ad campaign were created today, it would likely refer to users’ smartphones, not their credit cards. That is because electronic payment… 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