I previously wrote a column about the benefits opening physical stores can offer pure play online retailers. Inspired by the recent completion of the Hudson’s Bay-Gilt acquisition, this week I’d like to examine three instant advantages purchasing a pure play retailer can provide to brick-and-mortar chains.
The term “impulse buy” has a negative connotation to many. Picking up that guilty pleasure snack in the checkout line at the supermarket, that gadget you don’t really need, or those shoes that are on sale all qualify.
Following a disappointing 2015 holiday season, eBay is changing its mindset to become more competitive with e-commerce peers such as Amazon. According to Fortune, eBay CEO Devin Wenig recently outlined plans for eBay to approach the marketplace more like a retailer and less like a technology platform. [Fortune]