According to a report by financial analysts at Cowen, Amazon is set to become America’s largest apparel retailer by 2017. The e-commerce giant is gearing up to usurp the title held by Macy’s, Cowen reports:
The pop-up stores will carry Amazon-branded e-readers, tablets, smartphones, and streaming media players.
Amazon announced last week that it is opening up pop-up stores in San Francisco and Sacramento, California, next week for the holiday shopping season. The online retailer is also rumored to be opening a brick-and-mortar store in New York.
Staples is an example of a major retailer that jumped on the trendy tech bandwagon when it began selling 3D printers. But as developments in the 3D printing space continue to move forward (such as the Stratasys acquisition of MakerBot for $604 million), it’s becoming clear that 3D printing is not temporary trend, but an emerging industry. Keying in on this development, UPS has decided to enter the space by offering 3D printing services at select U.S. locations.
An Amazon.com warehouse.
Amazon.com Inc has unveiled a new hiring spree on Monday that will fill more than 5,000 new full-time jobs at 17 of its fulfillment centers across the United States. This is ahead of a visit by President Barack Obama to one of the Internet retailer’s giant distribution warehouses this week.
Target tries to hook parents-to-be at that crucial moment.
You share intimate details about your consumption patterns with retailers every time you go shopping. And many of those retailers are studying those details to figure out what you like, what you need, and which coupons are most likely to make you happy. For example, Target has figured out how to data-mine its way into your womb, to figure out whether you have a baby on the way long before you need to start buying diapers.
“Get on the shelf” contest
Wal-Mart has launched an “American Idol”-like contest for entrepreneurs and inventors to find the best new products to win a spot on its store shelves.
Many people because of the shape of their bodies don’t even consider shopping for clothes online an option. Fits.me is a new service that has actually come up with a pretty clever way to let people of all shapes and sizes see how a garment will look on them while shopping online. The secret is an animated mannequin with a body composed of separate panels that can be individually adjusted via servo motors on the inside. This allows the mannequin to grow or shrink to any body shape or size. (video)
The world’s largest retailer reported the eighth consecutive quarterly decline at its US stores.
Wal-Mart admits it has been struggling to persuade shoppers to buy much beyond the necessities, as rising food and gas bills hit the spending power of US consumers.
A Seiyu outlet in Akabane, part of Wal-Mart Stores.
Not long ago, many Japanese bought so many $100 melons and $1,000 handbags that this was the only country in the world where luxury products were considered mass market. Even through the economic stagnation of Japan’s so-called lost decade, which began in the early 1990s, Japanese consumers sustained that reputation. But this recession has done something that earlier declines could not: turned the Japanese into Wal-Mart shoppers.