For innovators with entirely new products to sell, nailing down a tangible price point can be a little like walking on water – when few consumers have had the exposure necessary to form impressions of something like the Oculus Rift virtual reality headset, it’s difficult...
Flipkart, also known as Amazon’s rival in India, is shaking up its leadership at a particularly interesting time for the eCommerce giant. News broke yesterday (Jan. 11) that Sachin Bansal, Flipkart CEO and cofounder, would be stepping down from the role. Its other cofounder, Binny Bansal,...
The departure of two senior managers is the latest setback for Rocket Internet, which has seen its valuation fall in the wake of several stalled launches.
If anyone out there is still looking for signs of how accelerated just about every timeline has become in the modern retail world, look no further than what Glenn Lyon, the newly removed ex-chairman and CEO of Finish Line, said about his company’s 2016 Q2...
For an unsuccessful sports franchise, it can be hard to win fans back to the hometown cause. In California’s professional basketball scene, the game is almost rigged against the Sacramento Kings — not only do the Los Angeles Lakers draw more national fans on legacy...
While the millions of holiday shoppers may have had their own individual wishes for gifts, retailers were more or less in agreement about what they wanted: higher sales. However, it’s looking like only a select few brands got what they wanted for Christmas. The Wall Street...
It’s somewhat ironic that though the Consumer Electronics Show regularly brings thousands upon thousands of new gadgets to the floors of Las Vegas’ convention centers, it’s usually journalists rather than consumers that get to tinker with all the digital toys the rest of the market...
Technology continues to take commerce into a growing number of new environments and devices – from clothing and wearables, to smart homes and even retail stores. In 2016, nearly 5.5 million new devices are expected to get connected to the Internet every single day, spurring...
Given the inherent anonymity of the Internet, eCommerce merchants don’t have to worry about getting personal with their customers, right? Wrong, says Kurt Bilafer, Global Vice President Sales & Success at WePay. He shares with PYMNTS why customer intimacy is an essential aspect of growth...
