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August 23 · Issue #84 · View online
A weekly digest of SUMO blog content, plus eCommerce news, events and job listings.
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The QVC and HSN Merger: Not Your Usual Retail Story
A recent blockbuster deal in the retail arena was the announcement that TV home shopping giant QVC was buying its main rival, the Home Shopping Network (HSN). This comes at a time when the audience for TV home shopping is in decline, causing some analysts to see the merger as a “last gasp” effort of a dying format. However, these analysts are missing the bigger picture.
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The age of m-commerce: Why consumers love using mobile as a shopping tool
Mobile is taking the fashion retail industry by storm. Statistics taken from a 2016 Pew Research Center report show that just over one in ten American adults
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Walmart to sell Modcloth, Bonobos only on Jet
Jet will feature items from Modcloth and Bonobos, a Walmart spokesperson confirmed to Retail Dive. It’s part of an effort to expand the customer base to include younger, more urban and wealthier shoppers. The two brands are among a series of e-commerce acquisitions Walmart has made since acquiring Jet last year.
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Facebook Invests In E-Commerce With 'Marketplace' Expansion
Facebook is investing in its buy-and-sell tab Marketplace in a push to capture a larger share of smartphone e-commerce sales in the long-term. On Monday, Facebook said Marketplace is gaining momentum and will soon be available across Europe.
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Beyond Amazon and Alibaba: what’s next for e-commerce?
A careful read of emerging trends reveals rich greenfield territory, where billion dollar start-ups can thrive by recognizing the opportunities of global mass market of millennials from day one.
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Walmart seeks a patent for a futuristic floating warehouse
Walmart has filed a patent for a floating warehouse that would release drones to deliver orders to customers, according to Bloomberg. The company notes the ship would fly between 500 and 1,000 feet above the ground, contain multiple launching bays and possibly be controlled remotely.
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Q&A: How Thrive Market became the country's hottest online natural and organic market
Gunnar Lovelace, founder and co-CEO of the online grocer that’s been called “Whole Foods meets Costco,” talks about the company’s rise and success
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For more eCommerce news, listen to our daily show, ’The eCommerce Minute’. Your daily dose of eCommerce, Tech and Retail news.
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Shop.orgSeptember 25-27, 2017 | Los Angeles Convention Center
Money 20/20October 22-25, 2017 | The Venetian, Las Vegas
Money 20/20October 22-25, 2017 | The Venetian, Las Vegas
Mobile ShoppingOctober 24-October 26, 2017 | Omni Rancho Las Palmas, Rancho Mirage, CA
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This Satellite Footage Of The Eclipse Darkening The West Coast Is Incredible
At this point, we all understand that the total solar eclipse is super cool, but this timelapse from an NOAA satellite showing the eclipse plunging the Northwest into darkness will give you a whole new level of appreciation.
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