Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.
We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.
While domestic online sales in the United States and the European Union will continue to increase — taking sales away from brick-and-mortar stores — growth rates will flatten out over the next 10 years. The most explosive growth will be in worldwide cross-border ecommerce, with the Asia Pacific region leading the way.
Famous Footwear is making an omnichannel push. The retail chain is rolling out buy online, pick up in store capabilities throughout its entire chain of stores, which numbers more than 1,000 in the U.S. Shoppers can pick up their online orders at a store within two hours of placing an online order.
Word of Amazon.com Inc. entering a new market usually sends shudders through the local retail and online shopping worlds, but Alibaba Group, the Chinese ecommerce giant, isn’t losing any sleep over its rival’s impending push into Southeast Asia. With expectations surging that Amazon will enter the region soon, Alibaba’s Lazada thinks it will maintain an edge that will prevent Amazon from disrupting the marketplace similar to what it has done elsewhere.
Just how long is the last mile in last-mile logistics? A survey of 15 US metropolitan areas shows the final leg of e-commerce fulfillment to be between 6 and 9 miles on average. That is the distance between close-to-consumer fulfillment centers and delivery points. The survey by industrial real estate firm CBRE shows last-mile logistics making inroads into urban areas, including some of the most congested US cities.
Roughly 21.8% of online shoppers made a purchase on Amazon.com on Prime Day, according to an exclusive Internet Retailer survey. That’s up from 19.4% last year, when Internet Retailer ran the same survey. Internet Retailer, together with Bizrate Insights, surveyed 1,393 U.S. online shoppers Wednesday, the day after Prime Day.