How Digital is Transforming Canada’s $500 Billion Retail Industry

Posted by & filed under Ecommerce, industry analysis.

Description: From mobile to social, the rapid adoption of digital technologies, devices and services by consumers is reshaping our entire economy. Source: TechVibes Date: April 4, 2014 Shoppers want selection, purchasing options (online or in-store), price competitiveness and excellent online service—throughout the buying process and even post-purchase. And they want it across all digital channels and on all… Read more »

Online Holiday Spending Tops $40 Billion for First Time Ever

Posted by & filed under Analytics, data analytics, e-payment, Ecommerce, industry analysis.

Description: The data has been tallied and the results are in: e-commerce saw growth across all major shopping days during the holiday season in 2012. Source: Mashable Date: January 3rd, 2013 U.S. consumers spent $42.3 billion online during the holiday season, the first time online spending has ever topped $40 billion for that time period, according to… Read more »

Retail giant’s @Walmartlabs plans to reinvent online shopping with ‘social commerce’

Posted by & filed under Business Intelligence, business models, Ecommerce, Sentiment Analysis, Twitter.

Description: Wal-Mart is hoping the two start-up mavens can reinvent its own e-commerce platform, which has lagged competitors. Source: Gobe & Date: Oct. 3, 2011 Tucked in the heart of Silicon Valley, Wal-Mart (WMT-N52.120.210.41%) has assembled a team of 70 developers, computer engineers and researchers – dubbed @WalmartLabs – in an aggressive attempt to… Read more »