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Warren Buffett, Walmart, and the Shift to Ecommerce

In February, billionaire investor Warren Buffett announced that he was dropping 90 percent of his stock in Walmart. This is a grim prophecy for the retail juggernaut, which faces stiff competition in rival Amazon. Walmart, in addition to encouraging customers to order online and pick up in store, has recently announced the launch of a new [...]

In February, billionaire investor Warren Buffett announced that he was dropping 90 percent of his stock in Walmart. This is a grim prophecy for the retail juggernaut, which faces stiff competition in rival Amazon. Walmart, in addition to encouraging customers to order online and pick up in store, has recently announced the launch of a new online marketplace called “Store No. 8” in an effort to stay relevant in an increasingly digital marketplace. It’s common knowledge these days that ecommerce is...

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Online Grocery Sales Swell to $48 Billion Globally

As omnichannel and ecommerce continue to grow, so too do the offerings of what one can buy over the Internet. Food and fast-moving consumer goods are quickly taking over a decent market share, reaching almost $50 billion worldwide, with no indicator of slowing down anytime soon. According to a report from Kantar Worldpanel, the fast-moving [...]

As omnichannel and ecommerce continue to grow, so too do the offerings of what one can buy over the Internet. Food and fast-moving consumer goods are quickly taking over a decent market share, reaching almost $50 billion worldwide, with no indicator of slowing down anytime soon. According to a report from Kantar Worldpanel, the fast-moving consumer goods (or FMCG, which are defined as “processed foods, soft drinks, and toiletries that sell quickly at a relatively low cost”) market grew only...

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How Ecommerce is Cutting Down Shopping’s Carbon Foot...

Of all the conveniences the 21st century has to offer, online shopping has to be one of the best. From computer, tablet, or smartphone, in just a few clicks, you can order anything from armchairs to zebra-print neckties and have it sent straight to your house. But more orders means more delivery trucks, and more [...]

Of all the conveniences the 21st century has to offer, online shopping has to be one of the best. From computer, tablet, or smartphone, in just a few clicks, you can order anything from armchairs to zebra-print neckties and have it sent straight to your house. But more orders means more delivery trucks, and more delivery trucks means more greenhouse gases, right? Well… not exactly. CO2 emissions associated with retail and ecommerce product pathway stages. Image source: Anna Argyridou (via...

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Do You Know About Pop-Up Retailing?

Since the birth of the Internet and the subsequent digital renaissance surrounding ecommerce, technology has changed the way we do business forever. From cloud-based computing that manages hundreds of thousands of orders, to services like same-day delivery or one-click shopping, there's no shortage of applications for these... well... apps. But it looks like some habits [...]

Since the birth of the Internet and the subsequent digital renaissance surrounding ecommerce, technology has changed the way we do business forever. From cloud-based computing that manages hundreds of thousands of orders, to services like same-day delivery or one-click shopping, there’s no shortage of applications for these… well… apps. But it looks like some habits will never die. Pop-up retailing is another interesting (and savvy) reaction to the increased digitalization of the economy. As Internet-based retailers cut into the market share...

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Omnichannel Retailing: On Commerce and the Internet ...

Owning your own business in the 21st Century is a whole different ballpark from what it was like even just 20 years ago. On top of managing sales, products, expenses, and shipping, the savvy entrepreneur also needs to keep up on the ever-evolving vocabulary of the Internet economy. Of all the words and phrases to [...]

Owning your own business in the 21st Century is a whole different ballpark from what it was like even just 20 years ago. On top of managing sales, products, expenses, and shipping, the savvy entrepreneur also needs to keep up on the ever-evolving vocabulary of the Internet economy. Of all the words and phrases to remember, there’s two that, on their own can make or break your business: if you haven’t guessed by now, those words are none other than...

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