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Third-party sellers say Amazon has been wielding restock limits over the last year-plus, imposing them on a weekly or bi-weekly basis in some cases, giving them short notice before reducing the amount of goods they can send to its warehouses. The fluid changes have created more logistical challenges for small- to mid-sized online businesses, amid rampant supply chain issues.
Since launching in 2018, Thrasio has quickly become the poster child for the Amazon aggregator space. The company's president, Danny Boockvar, told Modern Retail that it avoided the supply chain issues that hurt smaller sellers by planning in advance of the sales event.
Brands are betting on virtual reality to succeed livestream and social commerce as the hot new retail technology. Companies that have already experimented with new forms of online shopping are becoming early adopters of the nascent tech.
Cyber Week has traditionally been considered one of the most important selling holidays for third-party merchants on the platform. But this year, sellers and agencies say that sales event didn't produce eye popping results like years past.
Pacsun has been hosting shoppable live video on its website, TikTok and Amazon Live since August. President Bree Olsen told Modern Retail that the fledgling format “represents the power of conversational commerce.”
Goja is part of a growing cottage industry built upon Amazon's cavernous e-commerce marketplace. Together, these aggregators have raised more than $12 billion in capital with the market heating up in 2020 due to the accelerated shift to e-commerce. But CEO and founder Walter Gonzalez says the “aggregator” label doesn’t fit his firm.
Pizza Hut has been shifting to a predominantly digital-first media mix globally since 2017, Courtney Vogel, chief transformation officer at Pizza Hut International told Modern Retail. The company hatched a plan to add more mobile-centric experiences to its marketing mix at the end of 2020 -- a time when the pandemic was forcing brands to rethink their strategies amid store closures.
After steadily increasing its physical footprint in the U.K., Amazon is reportedly plotting an aggressive expansion. Rumors have been swirling for over a year about its plans to enlarge its footprint of convenience stores across the pond. Now, the company is making big -- and expensive -- moves to expand into the region. Here's why.
DoorDash is accelerating its plans to become a last-mile delivery intermediary for retailers. The platform is best known as a restaurant delivery platform -- one that makes money off of one-off fees -- but it's been trying to build other revenue channels to bring on more business partners.
Over the years, Dick's has amassed a first-party database of 145 million customers through its website, loyalty program and even tech acquisitions. It is now in the process of shifting its entire online ecosystem to Adobe’s cloud platform in a bid to target those shoppers in real-time.
American Express and Klarna want to bring livestream shopping to the masses. The two payment providers are putting their financial weight behind the nascent retail format, a QVC for the streaming age, which proponents tout as the future of e-commerce.
In recent months, businesses ranging from swimwear brand Andie to apparel companies Naadam and Buck Mason have surfaced in locations like Florida, Texas and Tennessee. Steered by e-commerce sales activity, these retailers are venturing into uncharted territory in the hopes of capitalizing on pandemic-induced foot traffic and customer movement flows.
Halloween was an early indicator that people are ready to party. Retailers ranging from decor brands to candy companies have recently reported sales figures that are nearing or surpassing pre-pandemic revenue levels. Now other retailers are preparing to cash in on pent-up party demand ahead of Christmas and New Year's, by stocking up on decor and other party favors.
Shopify is attempting to retain merchants by offering them more ways to customize their stores across multiple access points, from the web to mobile and beyond. The company on Monday is previewing its new Hydrogen front-end web development framework and SDK. With Hydrogen, Shopify is taking its first true steps into headless commerce.
Since taking over Los-Angeles based Compartés more than a decade ago, CEO Jonathan Grahm has led the ageing brand into the digital era. The 72-year-old company, which sells handmade chocolates online via its Shopify store and at 3,000 global retailers, has pivoted to the drop model to drum up demand for limited-edition releases.
Brands and retailers are retaining their resources and keeping the tech stacks they have. That's according to a recent survey of brands and retailers from Modern Retail and Glossy. The respondents were asked if they've updated their e-commerce platforms in the last year, and many said they hadn't
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