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March 21 · Issue #114 · View online
A weekly digest of SUMO blog content, plus eCommerce news, events and job listings.
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3 questions online brands should ask before opening retail stores
by Bart Mroz, Co-founder/CEO, SUMO Heavy We’ve all heard it before: Brick-and-mortar retail is dying. And while it’s true that online retail sales are higher than ever, there’s still plenty of room for the traditional storefront. In fact, many e-commerce retailers, like beauty brand Glossier and menswear brand Bonobos, have opened retail showrooms to accommodate their existing online offerings. But are all online brands cut out for the “real world?” Here are three questions brands should ask before making the leap from an online-only shop to a physical retail store.
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Special Report: Goodbye Toys 'R' Us | eCommerce Minute
People around the country are mourning the loss of a piece of their childhood today, following yesterday’s announcement that Toys ‘R’ Us will close all 800 of its U.S. stores.
The announcement comes after their bankruptcy filing in September 2017 and the failure to turn the business around during the last holiday season.
The chain employs more than 30,000 people in the U.S. and includes the Babies R Us stores.
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21% of US shoppers are using voice or chatbots for commerce
Retail industry news, voices and jobs. Optimized for your mobile phone.
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Alibaba to Invest $20M in Rent the Runway
A financial firm for Alibaba founders Jack Ma and Joe Tsai has invested $20 million into the women’s clothing rental business Rent the Runway.
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$11.5B Reasons Why Retailers Need to Focus More on Site Issues
Content and technical issues are seven times more common than slowdowns. Here are three types of issues online retailers should focus on to improve revenue.
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Ikea built its furniture empire with cardboard
In 2012, IKEA rolled out a game-changing invention that may have escaped the attention of most shoppers. As part of its “Low Handling Material” initiative, new lightweight platforms hold up stacks of products throughout IKEA’s self-serve areas. The key difference is that the platforms, which double as shipping pallets, are now made of corrugated cardboard.
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Carolina Panthers sale | Potential bidder Michael Rubin | Charlotte Observer
E-commerce billionaire Michael Rubin has emerged as the latest potential bidder for the Carolina Panthers, multiple sources have told the Observer.
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The eCommerce Minute is SUMO Heavy’s daily dose of eCommerce, tech and retail news. Here’s some recent episodes you may have missed:
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Richest Person in the World Takes Robot Dog For a Walk, Which is Totally Fine and Normal
There are some people who might take one look at this photo of Jeff Bezos, the richest man in the world, and freak the hell out. The Amazon founder is walking with a robotic “dog” called SpotMini—the same robot dog manufactured by Boston Dynamics, which was recently filmed opening doors like a velociraptor out of Jurassic Park.
But it’s really nothing to worry about. This is fine. Everything is fine.
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