Future of Retail
ContextLogic Announces Sale of E-Commerce Platform Wish to Qoo10 for US$173M
The Wish brand will integrate into the Qoo10 family, offering merchants access to cross-border e-commerce opportunities and users an extensive selection of competitively priced goods
Feb 20, 2024
Top E-Commerce & Logistics Events You Can’t Miss in 2024
Here are some of the top e-commerce and logistics events in 2024 that are essential for you to gain insights and inspiration for your business strategies.
Feb 15, 2024
Shopify Unveils New Features to Maximize Merchants' Success
Released on February 1, 2024, these updates reflect Shopify's commitment to empowering merchants with tools to optimize their online businesses.
Feb 15, 2024
Southeast Asia E-Commerce Logistics Market Report 2024
Get the latest insights into e-commerce in Southeast Asia with our 2024 report covering delivery performance metrics in Singapore, Indonesia, Thailand, and Malaysia.
Feb 09, 2024
CIRRO E-Commerce Joins Trees for All's Tree Planting Day to Reinforce Commitment to Sustainability
Alongside other environmentally conscious entities, CIRRO E-Commerce's employees contributed to the planting of 1,400 trees, enriching the region's natural landscape and enhancing biodiversity.
Feb 08, 2024
Peak Season Recap: Logistics Performance, Top Shipping Routes and More
Dive into the comprehensive analysis of parcel volumes, transit times, and delivery success rates during the most recent peak shopping season around the world.
Feb 05, 2024
Top Artificial Intelligence & Machine Learning Strategies in E-Commerce Logistics
Here are 5 ways AI & Machine Learning can be applied in e-commerce: 1. Delivery Time Prediction 2. Virtual Assistant for Freight Management 3. Chatbots 4. Pricing Optimization 5. Product Recommendations
Feb 01, 2024
Etsy Unveils AI-Powered Gift Mode™ to Personalize the Gifting Experience
Key features of Gift Mode include the use of machine-learning technology to match gifters with special and unique items from Etsy sellers, categorized by over 200 recipient personas.
Jan 30, 2024
IKEA U.S. Unveils Plans to Open Four New-Format Stores in 2024
The newly introduced Plan & Order points with Pick-up locations are strategically positioned to cater to the evolving needs of customers across the United States.
Jan 23, 2024
Funding Roundup: BuyEazzy, Vortexa, EVIFY and Others Secure Fresh Capital
It has been a great start to 2024 for startups in the e-commerce, logistics, and supply chain spaces. Check out 6 of their amazing achievements: BuyEazzy, Vortexa, EVIFY, D-Orbit, Bosta and Konvy.
Jan 19, 2024
The Future of Retail
Sustainability in retail
The retail landscape is undergoing an unprecedented transition. From an increase in cross-border e-commerce to the rise of omnichannel retail and growing emphasis on sustainability in retail, the retail revolution is picking up speed. Consumers nowadays not only care about product quality and prices but also how ethical the product is and its impact on the environment. As evidenced by an emergence of new sustainable clothing brands in recent years, sustainability has indeed moved up on the agenda in the future of retail.
Retail shopping is easily accessible
Omnichannel commerce is one of the top retail trends in 2022. Omnichannel retail describes a model in which consumers can interact with the brand via multiple sales and media channels. With this retail revolution, consumers can access the products they need seamlessly while brands can collect clients’ information and data to optimize operations and shopping experiences significantly.
Digital transformation in retail
Digital transformation is the process of integrating digital technologies into all aspects of a business model. Digital transformation improves customer experience and helps optimize the operations of brands. Optimizing operations is one of the pillars of retail digital transformation. As organizations today operate on a multi-channel playing field, integrating digital technologies is paramount to realizing the full benefits of digital transformation in retail.
Omnichannel retail has become a prominent trend in the retail landscape and is now an integral aspect of the retail revolution. It is a strategy that offers a seamless shopping experience that allows businesses to interact with their customers across multiple platforms. Many brands and retailers have adopted omnichannel commerce as their go-to strategy. Some of the more successful omnichannel retailers include Nespresso, LEGO, Sephora, and Pomelo. Each of these brands have unique approaches to omnichannel retail that are worth learning from.