Articles By Christine Kern
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Walmart Eyes Its Own Version Of The Dash Button
5/17/2017
Walmart published patent for system of connected sensors to monitor product consumption.
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Staples Adds First Chief Information Security Officer
5/16/2017
Brett Whalin joins company as head of global enterprise-wide information, product, and data security.
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Report Finds Retailers Unequipped For The Demands Of Modern Commerce
5/12/2017
As retailers face growing pressure to facilitate seamless transactions across a variety of touchpoints, they are failing to adequately equip themselves to perform. Despite the growing importance of cross-channel commerce, a new study from 1WorldSync has found that 60 percent of retailers have invested less than 20 percent of their total commerce budget on digital and mobile commerce expansion in the last year.
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Walmart Still Playing Catch-Up With Amazon, According To Marc Lore
5/11/2017
Walmart CEO Marc Lore admits that the retail giant is still playing catch-up with Amazon as it implements its concerted ecommerce initiatives. At the Bloomberg Breakaway Summit in New York, Lore stated, “There are certainly areas where we are playing defense, and we’re behind and need to catch up. One example is the long-tail categories that we’re going after with acquisitions.”
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UPS And Sealed Air Unveil New Packaging Innovation Center
5/10/2017
The fulfillment of the future is at the heart of a new Packaging Innovation Center recently unveiled by UPS and Sealed Air in Louisville, Kentucky near the UPS Air Group’s global headquarters. The new center will address packaging and shipping challenges of ecommerce retailers by maximizing efficiency, minimizing waste, reducing shipping costs, and increasing brand affinity, according to a UPS statement.
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Staples Acquisition Pondered By Private Equity Firms
5/9/2017
Amid talks of sales, Staples is rebranding to focus on business contracts operations.
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Retail Is Not Dead Yet: U.S. Retail Sales Grew 4.1 Percent In Q1 2017
5/8/2017
Report finds retail sales growth, despite the apocalyptic predictions of the media.
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Walmart's Pickup Discount May Be The Wave Of The Future
5/5/2017
Walmart recently announced that they will be launching “Pickup Discount,” a new feature to their ecommerce site that will lower the prices on online-only items if the customer chooses to pick up at a local store instead of opting for shipping. This latest move demonstrates the retail giant’s determination to best its online competitor, Amazon, but it is also indicative of the future of retail, according to the results of a new study from Walker Sands.
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Retailers Choose Customer Satisfaction Over Security To Boost Sales
5/4/2017
Despite growing concern for the impact of shopping cart abandonment on sales, 1 in 6 retailers have chosen to sacrifice security for UX by declining to use a 3-D authentication tool at checkout, which ties credit cards to an online password that’s used for transactions.
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Retailers Oppose Elimination Of The Durbin Amendment
5/3/2017
Retail trade groups have expressed strong opposition to the Financial Choice Act introduced to Congress by House Financial Services Committee Chairman Jeb Hensarling (R-TX) last week. The legislation sets the stage for major gutting of bank reforms and other financial regulations put in place after the financial collapse of 2008.