May 13 is the anniversary of the founding of SUMO Heavy. The company that we started in a little apartment on Pine Street in Center City Philadelphia is now nine years old.
According to a Coresight Research study, some 36.8% of U.S. consumers bought groceries online in the past year, up significantly from 23.1% a year prior. Not surprisingly, it’s older millennials (30-44) who are leading the charge, with 45% having purchased groceries online.
Tech is advancing at a rapid clip and Detroit’s tea leaves suggest global car demand is peaking. These job cuts, which should save Ford about $600 million annually, will help it keep up with the industry’s structural changes.
When it comes to online shopping experiences, the new normal is for brands and merchants to engage customers wherever they are, react on the fly to changing consumer needs, and constantly iterate on the commerce experiences they deliver.
