Target has 45 in-house brands. Ten of them make $1B+ while 4 make $2B+.
Walmart is partnering with Adobe on software for small businesses that makes it easier to offer curbside pickup for their customers.
Shoppertainment is a new trend at the intersection of ecommerce and livestreaming.
The Amazon marketplace is currently valued at $300B with potential to double in the next 5 years.
Amazon has done 80+ deals in which it asks for stock warrants in exchange for a vendor deal.
Wayfair co-founder Steven Conine thinks future-us will shop for furniture using 3D models of our homes.
Online marketplace Etsy dropped $1.6B to acquire a leading Gen Z second hand fashion platform.
Warby Parker is adding 25% more brick-and-mortar locations, betting that post-COVID shoppers will want the hybrid experience.
Sales are up for deodorant, toothpaste, luggage, and condoms. But down for toilet paper and baking soda.
Plus: Airbnb released 100+ upgrades, and AI lawmakers are a hit.
Colgate-Palmolive is commercializing a technology that creates slippery surfaces. Its first product: a toothpaste called Elixir.
Snap users will be able to try on clothes and buy products straight from the app.
Baby boomers are jumping online. Brands need to respond with new products and better UX.
Pandora is aligning itself with millennial spending habits and going all in on lab-grown diamonds (which are much more ethical than the real things).
The ecommerce explosion is making logistics real estate a hot commodity… but there’s a lack of supply.
Labor practices in the cotton industry in China’s Xinjiang region have become a hot point for global fashion brands.
A little-known firm is quietly powering the direct-to-consumer efforts of some of the world’s biggest brands.
While Coupang dominates ecommerce in South Korea, it’s missing the cash-printing machine known as Amazon Web Services.
CPG brands are adapting to the pandemic by dropping samples into curbside pickups.
Target’s sales in 2020 hit ~$94B, up 20% YoY. The retailer’s bet on digital, real estate and merchandise are paying off.
New regulations make it easier and safer for drones to do business in the sky, but privacy concerns abound.
Luxury ecommerce sales will reach $58B in 2020, up 48% YoY. The major innovations in the space are coming from China.
Extend offers a “digitally native” warranty solution that is a more transparent (and faster) experience for customers and merchants.
This maker of sweat proof jewelry went from $3k of online sales in January to $94k in October.
Sales of face masks have turbocharged Etsy’s platform, which could sell in $8-9B in gross merchandise value (GMV) this year.
Some of the most expensive Supreme items on the marketplace Grailed.