The technology company will go private as its retail customer base grapples with turmoil and heavy e-commerce competition By Jennifer SmithMarch 6, 2018 8:41 a.m. ET1 COMMENTS CommerceHub Inc., a technology company that helps retailers manage e-commerce inventory, is being acquired by private-equity firms GTCR LLC and Sycamore Partners for $1.1 billion. The company’s platform … Read more
Makers of biggest household staples have little control over where Amazon’s virtual assistant Alexa sends consumers “A great but scary article on the future of retailing and Voice activated shopping.” -OAD Click to play Wall Street Journal’s Video Online voice assistants like Amazon’s Alexa are threatening the decades-old high-exposure marketing model for consumer goods. WSJ’s … Read more
In the fourth quarter and in 2017 as a whole, U.S. online retail grew faster than it has since 2011. E-commerce represented 13% of total retail sales in 2017 and 49% of the growth. Amazon is responsible for much of the gains. Fareeha Ali contributed reporting for Digital Commerce 360. A blockbuster fourth quarter contributed … Read more
“An interesting article that puts things in proper perspective. Just because Amazon decides to enter a space does not mean they will dominate over established players but that’s how they get the headlines while adding efficiency to their system. “ The shipping titans have a large head start over the online retail giant Paul Ziobro … Read more
