eBay reported net revenue of $2.69 billion in 2Q19, up 1.8% year over year and beating the consensus estimate of $2.68 billion. The number of active global buyers increased 4% year over year to a total of 182 million.
IBM (NYSE: IBM) 2Q19 Earnings: Beats Consensus, Revenues Down for Fourth Consecutive Quarter, Will Update Guidance August 2
IBM’s 2Q19 met or beat consensus estimates, however revenues were down for the fifth consecutive quarter. The company plans to update guidance for the Red Hat acquisition on August 2.
New Retail is blurring the online and offline commerce in China. We review recent developments in New Retail in eight retail and consumer sectors: e-commerce; consumer electronics; fashion; fast-moving consumer goods and supermarkets; cosmetics and beauty; furniture and home improvement; department stores; and, local services.
New Retail Briefing: Oreo Launches New Flavors Inspired by Forbidden City; Tmall Gives Retailers New Tools to Innovate Storefronts
Oreo teamed up with Forbidden City to create a new line of featuring traditional Chinese aesthetics. Tmall has given retailers new tools to redesign storefronts to boost store traffic.
The Internet of Things improves retail operations and shopping experiences and is likely to play an increasingly important role in retail as the technology improves and becomes more efficient.
The Coresight Research team participated in the AAFA’s Brand Protection Seminar at the iconic Tapestry headquarters in New York’s recently opened Hudson Yards on July 11. This report present Coresight’s key insights from the event.
On July 9, 2019, Google announced an agreement to acquire enterprise file-storage provider Elastifile for an undisclosed figure via a blog post.
Managing and optimizing the supply chain represents the center of a retailer, coordinating business planning and the production and distribution of goods throughout the enterprise.
On July 9, 2019, Cisco announced an agreement to acquire optical-networking equipment manufacturer Acacia Communications for a $2.6 billion in cash, net of cash and marketable securities.
IVAs can improve supply chain operations by cutting labor costs and enabling faster and more accurate service delivery, ultimately leading to better customer experiences. Companies such as Alibaba and Aramex have been employing IVAs to improve supply chain efficiency.
In this report, we explain the buy online and pick up in store (BOPIS) model in detail and assess how some US retailers are using this service to enhance their omnichannel retailing.
On July 2, 2019, NCR announced the acquisition of D3 Technology, Inc., a leading provider of online and mobile banking for the Large Financial Institution (LFI) market, for an undisclosed figure.
The digitalization of grocery retailing is about much more than e-commerce. In the US, Walmart and Kroger are leading the charge in digital adoption across the grocery supply chain. In this report, we review a number of grocery tech innovations from these two retailers.
On June 18, 2019 Facebook a new subsidiary named Calibra, whose first project is a digital wallet for a new global currency called Libra that is powered by blockchain technology but backed by real assets.
Notes from Salesforce Connections 19: Enhancements to Customer 360 Platform to Help Retailers Personalize the Customer Experience
The Salesforce Connections 19 conference focused on enhancements to the company’s Customer 360 platform, which aims to create platforms and tools to connect customers and other stakeholders in a new way, creating human connections for great experiences.