Retail Drive provides great insights into this year’s Amazon Prime Day. Their 5 takeaways are:
- Prime Day 2017 had fewer fails
- Targeted deals grew key categories, but grocery lagged
- Amazon killed the competition
- Amazon won the marketplace battle
- New members and Amazon products were the real Prime Day bonanza
Read the full story here
After running its third-party marketplace as an afterthought for years, Walmart has picked up the pace following its $3.3 billion acquisition last year of startup Jet.com, itself a marketplace.
Get all the details here
Full details here: http://news.staples.com/press-release/corporate/staples-inc-enters-definitive-agreement-be-acquired-sycamore-partners-1025-s
Sears Canada says it is seeking court protection from its creditors in order to restructure its business.
When you are outside a market, you need to know what is happening in that same market. Let Odyssey Partners be your eyes, ears and voice in the Canadian market.
Fitbit the leader in connected health and fitness wearables, has validated the ability of wrist-worn trackers that incorporate movement and cardiac sensors, like Fitbit Alta HR™, Fitbit Blaze™ and Fitbit Charge 2™, to accurately determine light, deep and REM sleep stages. Read full details here.
Lara Ewen of RetailDrive shares her opinions and interviews industry leaders to provide some interesting predictions on the future of showrooms.
“As customers change the way they shop, retail will also have to change, both to accommodate, but also to survive. “Showrooms are going to be a critical element for retailers to engage with consumers,” Mendoza-Pena said.
“The question is, how rapidly will traditional retailers be able to adapt to this emerging concept? Online players don’t have the traditional baggage that prevents them from moving fast, and they can adapt. But retail is not a fast-moving industry, but eventually they will have no choice.””
Read the full story here.
Amazon reportedly has plans to open 20 grocery stores in major U.S. cities over the next couple of years potentially with a buy online pickup via drive through format. Find the details here.
New Fitbit features deliver data previously only available through a sleep lab! Get the full details here.
Walmart Canada is testing things such as in-store scanners/phone apps, wider isles, lower shelves, walk-in fridges, and more strategic online a in-store product offerings to try stay relevant and compete with online shopping. Read the full details from The Globe and Mail article here.
Congratulations Rick we wish you well in retirement! Read CDN’s story on it here.