Hispanic consumers tend to shop online more than non-Hispanics in several critical categories, including cosmetics, fragrances and beauty, and general household products, according to a just-released study from IRI.
The wholesale distribution (WSD) market is huge. At $4.8tr in annual revenues, WSD industry revenues are nearly 100 percent more than sales of consumer packaged goods, and slightly greater than U.S. retail sales revenues.
Enspire Commerce, provider of a cloud-based, omnichannel customer-engagement platform, has released a new version of its omnichannel order-management system (OMS).
Apparel is the most popular retail category among all channels, according to a survey by OneStop Internet. The survey revealed that apparel is driving online growth, with 45 percent of respondents saying they plan to buy more clothing online than any other retail category in the next year.
Between 2014 and 2015, China's cross-border e-commerce market nearly doubled, from $30.07bn to $57.13bn, with estimates from eMarketer predicting the market will pass the $85bn mark in 2016. This has undoubtedly bolstered demand for air cargo services between China and its trading partners.
Retailers will need to do some serious marketing and brand shifting going forward given the biggest consumer base, those millennials, aren't as loyal or brand committed as previous generations of consumers.
Manufacturers, wholesalers and retailers alike are being challenged with diverse, continually changing channel fulfillment demands. Across industries, success (and even survival) depends on the ability to serve customers profitably in the way they expect to be served.
The latest supply-chain news, analysis, trends and tools for executives in the e-commerce/omnichannel industry — which consists of companies engaged in internet retailing, including those with auxiliary brick-and-mortar stores. Learn how e-commerce/omnichannel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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