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I Hope Your Wallet is Cute, Because Clear Bags are Suddenly Everywhere

“Either way, the trend is clearly (sorry) gaining ground, with indie designers and big bag brands alike sending bags that are at least partially clear to retailers for fall” writes Amanda Mull for purseblog.com. This was several months ago, and her obsession was a problem because the bag was sold out—always an indication that something is afoot in the bag world, where most things are abundant and available from many sources.For Spring 2018, Chanel put approximately one million transparent PVC bags on the runway, which is either the harbinger of…

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Large retailers see more than 50% bump in online sales on Prime Day

“Retailers with less than $5 million in revenue saw online sales drop 18 percent on Prime Day, suggesting an increasing importance of scale in the retail industry” writes Lauren Hirsch for cnbc.com. The riches of Prime Day extended to retailers beyond Amazon.Still, larger retailers’ sales came at a sacrifice. Adobe also said it expects the back-to-school shopping season to generate $57.79 billion in revenue online. Source: cnbc.com Share This:

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Walmart, Microsoft in partnership to use cloud tech

“Through the partnership, Walmart plans to defend itself from Amazon’s retail ambitions and expertise in data, and boost its online presence” writes Midwest Communications Inc for 95kqds.com. The five-year agreement will leverage the full range of Microsoft’s cloud solutions, including Microsoft Azure and Microsoft 365, to make shopping faster and easier for customers, the Bentonville Arkansas-based company said.(Reuters) – Retail giant Walmart Inc said on Tuesday it entered into a strategic partnership with Microsoft Corp for wider use of cloud and artificial intelligence technology, in a sign of major rivals…

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The First Fall 2018 Bags are Starting to Arrive at Retailers from Brands Like Valentino, Chloé and Balenciaga

“As you may have noticed, we’ve officially crossed over into the second half of July, which means retailers are getting eager to tempt us with visions of cooler temperatures via their newest fall arrivals” writes Amanda Mull for purseblog.com. They’re when you’ll see the super-limited bags that will disappear long before sale season, the store exclusives that other retailers will never receive, and all the generally weird and unique things that still makes fashion fun. Source: purseblog.com Share This:

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Half of Amazon shoppers will have an Alexa device when Prime Day is done

“Still, with more consumers turning to voice-controlled devices, highlighting Alexa devices is a good idea, others say” writes Tonya Garcia for marketwatch.com. See: Amazon takes Prime Day perks beyond e-commerce to drive traffic to Whole Foods stores “In other words, fighting the margin battle is a no-win situation for most mid- to smaller-tier retailers. Source: marketwatch.com Share This:

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U.S. retail sales climb again in June after jumbo gain in May

“Gas stations posted a 1% increase last month and sales are up a whopping 21.6% in the past year” writes Jeffry Bartash for marketwatch.com. Retail sales have increased 6.6% over the past 12 months, slightly above the long-run average since 1980.Americans raised spending in the spring on a variety of goods and services, spurring businesses to increase hiring and production.The increase last month followed an even bigger burst of spending in May, when sales grew a revised 1.3% instead of previously reported 0.8%. Source: marketwatch.com Share This:

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We visited the newest store from a cheap European clothing chain that’s invading America and saw why H&M and Forever 21 should be terrified

“According to a recent report released by Deloitte, consumers’ shifting attitudes towards finances and social issues are at the core of the recent upheaval in retail” writes Mary Hanbury for businessinsider.com. We visited Primark’s brand-new store in Brooklyn to see how it will fit into the US retail landscape:. Located in the Kings Plaza mall in Brooklyn, it’s the second of the retailer’s locations in New York. Source: businessinsider.com Share This:

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Pointy raises $12 million to help bricks and mortar retailers battle Amazon

“Dublin-based Pointy announced today that it has raised $12 million as the company seeks to expand its solution for helping traditional retailers compete with ecommerce giants” writes Chris O’brien for venturebeat.com. In addition to the fundraising, the company has recently signed a series of partnerships with companies that offer point of sale services to local retailers, including Square, Clover, and Lightspeed. The company also partnered with Google in June as part of the search giant’s own initiative to help local retailers called “See What’s In Store” which now allows the…

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Walmex’s new e-commerce VP eyes groceries to propel online business

“Mexican retailers Soriana and La Comer also offer online grocery orders but lag behind Walmex in sales, according to Euromonitor” writes Midwest Communications Inc for 95kqds.com. “Leveraging the food and supermarket delivery part adds a very big competitive advantage,” said Caride, who spent 13 years at online marketplace MercadoLibre.Online and brick-and-mortar businesses alike have been boosting e-commerce investments in Mexico, pressuring retailers to stay ahead with efficient logistics, broad inventories and fast shipping. Source: 95kqds.com Share This:

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