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Doing Business in China

$1.63 billion in sales are made in the first 38 minutes
• 42.6% of sales are made via mobile devices
• The first domestic order is delivered in 15 minutes
• The first cross-border order is delivered in 2 hours
• In 2014, Alibaba offered an 11.11 shopping festival to global shoppers

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2015 Back-to-School Outlook

Consumer purchase mentality—What do we need now? A Just in Time Shopper
Macy’s reacts to this shopping behavior by rolling out same-day delivery to additional stores
Look for traditional shopping seasons to continue to blur
Black Friday style sales in July
Harder for retailers to post sales and earnings gains.
Continued IT investments—Mobile, Click & Collect, Personalization, Omnichannel—all mandatory to maintain share
Most categories hovering in deflationary territory

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Retail Update

Retail Update 2015
April 2015 Total Online Unique Visitors Amazon Sites Captures Over 69% of Online Audience.
Amazon Attracts Millennials, Families and High Income Households.
More Than 50% of Households Have Income <$75,000 and 44% Have Children.

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Top Ideas on Global Retail & Tech

FBIC TOP 15 RETAIL & TECH TRENDS
1. Apps are dominating smartphones
2. Gamification reaches fast adoption
3. Smartphones are becoming the hub for digital beauty
4. Social media becomes robust source of consumer data
5. Digital advertising to dominate next year & More…..

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1Q2015 Recap

Current Retail Business Environment
1. Gas Did Not Stay Below $2 per Gallon
2. April US Retail Sales Flat, Showing Slow Recovery
3. Unemployment at Seven-Year Low; Stores Cut Jobs and More

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