Alibaba Group Holding Ltd. will open offices in three European countries and expand further in the U.S. as it seeks to revive growth and reassure jittery investors.
RetailNext has predicted a positive U.S. retail performance for the months of November through December. Over the holidays, sales are expected to rise 2.8 percent, driven in large part by an exceptional 16.2 percent increase in digital sales.
Sixty percent of Americans created or used an online account with a retailer in the last 12 months, which suggests convenience ranks top-of-mind for U.S. shoppers, according to Worldpay, a global payments company. In fact, 47 percent said they create online accounts because it is quicker and easier to shop.
Shopify Inc., a cloud-based, multichannel commerce platform, has partnered with Uber to offer UberRUSH delivery services to Shopify merchants. Merchants enrolled in the program can offer their local customers same-day delivery. The UberRUSH program will begin with a select number of Shopify merchants located in New York City, Chicago and San Francisco and will be rolled out to additional cities over time.
In its continual effort to make shopping convenient and easy, Kohl's has partnered with Deliv, a crowdsourced, last-mile delivery company to make same-day delivery in nine markets.
The growth of e-commerce increases consumer choice and flexibility, but it also challenges distribution centers to keep pace with consumers' higher expectations for faster and more accurate delivery. Nearly nine in 10 distribution center operators expect to adopt new mobile devices and voice-direction technology in the next five years to meet that need, according to a survey by Honeywell and YouGov.
Import cargo volume at the nation's major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
The National Retail Federation expects sales in November and December (excluding autos, gas and restaurant sales) to increase a solid 3.7 percent to $630.5bn - significantly higher than the 10-year average of 2.5 percent. Holiday sales in 2015 are expected to represent approximately 19 percent of the retail industry’s annual sales of $3.2 tr. Additionally, NRF is forecasting online sales to increase between 6 and 8 percent to as much as $105bn.