Once an epicenter of the suburban lifestyle, the shopping mall’s purpose and importance have slowly been transforming. Specialty retail bankruptcies made shopping centers a less diverse and interesting experience.
Oracle and Walmart’s bid to acquire TikTok is on indefinite hold as President Joe Biden maps out a strategy for dealing with Chinese tech firms that will differ from his predecessor, The Wall Street Journal reported, citing sources familiar with the matter.
Behind the push is a painful economic reality of e-commerce. The share of online purchases that are returned averages 30% or higher, three times the rate in physical stores.
Managing an ecommerce technology stack is complicated. Many companies could use help. “As the marketplace for ecommerce starts to broaden and becomes more complex, adding platforms and apps really hard,” said Mark Wexler, a founder and partner at Whirlwind Ecommerce.
Covid-19 forced all of us to change. Companies and employees who had resisted digital innovation suddenly had no choice. Some of the changes have created value and are worth keeping. Others not so much. What follows are pandemic-induced B2B changes that will likely become permanent.
