Amazon Goes Down Under, Plus Walmart’s Online Price Hike And Cosmetics Come To Spotify | | | | | | | | | | | | | Another Singles Day, Another Series Of Smashed Records For Alibaba And Alipay | | Singles’ Day has come and gone, and Alibaba managed to smash its previous sales record with $25.3 billion worth of merchandise sold and 1.48 billion transactions processed in a 24-hour period. For scale, if one took all the money made on Black Friday and Cyber Monday in the U.S. in 2016, combined it and doubled it, the result would still be a little short of all the money Alibaba made during Singles Day this year. Not bad for a holiday designed a decade ago to “help single people feel less lonely.” | | |
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| | | | | | | b8ta Brings Smart Home Smarts To Lowe’s Via Mini-Stores | | Smart homes can make a lot of consumers feel dumb. Lowe’s and b8ta are out to change that with store-within-a-store displays through which customers can try out smart home devices before they buy them — and learn how they work from b8ta experts. Ruth Crowley, Lowe’s vice president of customer experience design, and Phillip Raub, co-founder and CMO at b8ta, share their thoughts on the partnership. Read More... | |
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| | | | | GrabPay Is Cashing Out In Southeast Asia | | Grab, the Uber of Southeast Asia, is using its ubiquity in the region to serve a greater good: financial services for the invisible middle economy. Jason Thompson, managing director of GrabPay Southeast Asia, recently spoke with Karen Webster about the region’s unique challenges, how it’s charging forward toward a mobile economy and how GrabPay plans to help it get there — starting with a shift away from cash. Read More... | |
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| | | | | | Appetite For Apparel: How Retailers Are Using Food To Sell Fashion | | Avocado toast could go a long way toward getting customers through the door at brick-and-mortar retail locations — at least, that’s what Tiffany & Co. hopes, and other luxury brands are following the same philosophy. Shopping online via eCommerce is so easy that physical stores must offer a strong value-added proposition if they hope to continue driving foot traffic. Could food be the answer? Read More... | |
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