Amazon is much more than a household name, given that more than half of US households already have an Amazon Prime membership, according to Cowen and Company estimates. However, Amazon’s emerging private-label brands have not yet achieved widespread name recognition,… Continue Reading
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
We recently attended the Rise 2017 Conference in Hong Kong, which is one of the largest technology conferences in Asia. The event featured a talk by Stephen Wang from Tencent, which owns the WeChat mobile app. Wang gave an overview… Continue Reading
This week saw Amazon offer up its third annual Prime Day—a feast of special offers available exclusively to Amazon Prime members. By the time this is published, many readers will have seen a slew of statistics on the sales values… Continue Reading
As we look forward to the Fourth of July holiday and start easing into the dog days of summer, we also approach a major, if recently invented, shopping event—Amazon Prime Day—which will celebrate its third anniversary on Tuesday, July 11.… Continue Reading
Amazon Takes a Bite Out of the Grocery Market Amazon’s planned purchase of Whole Foods Market is one of the most startling retail news stories of this decade, for several reasons: It is Amazon’s largest acquisition by far. The company… Continue Reading
As many large retailers and brands face lower foot traffic and negative same-store sales, along with the relentless encroachment of e-commerce, we are seeing turbulence in senior leadership at a number of companies. The table below shows selected recent management… Continue Reading
Social Selling This week, we found ourselves once again discussing the prospects for social commerce, which simply refers to buying and selling through social media websites. In this note, we distill our thoughts on why social commerce—which has gone through… Continue Reading