NEW YORK (June 12, 2017) - E-commerce, which has been compelling traditional retailers to rethink their strategies, must now become a factor in the warehouse club sector as it adapts to changing demographics and growing competition, says "Deep Dive: Warehouse Club Stores-Time to Take the Treasure Hunt Online Part Three," the conclusion of a series of reports from global think tank Fung Global Retail & Technology.
NEW YORK (June 6, 2017) - Despite a 27 percent year-over-year increase in worldwide revenues in 2016, the bulk of dominant e-tailer Amazon.com's profitability ironically does not derive from the direct sales of its goods to consumers. Instead, a growing contribution from its cloud computing subsidiary is driving profitability, even as revenues from third-party sellers now exceed sales made by the company directly, says "Deep Dive: Amazon in 20 Charts-the Rise and Rise of the E-Commerce Giant," a new report from global think tank Fung Global Retail & Technology.
Global think tank tracks and analyzes U.S. retail news, says Managing Director Deborah Weinswig May 09, 2017NEW YORK (May 8, 2017) – The month of May thus far offers a mix of positive and negative retail news, as 2017’s announced store closings are nearly twice that of the same period last year, while announced openings […]
Deborah Weinswig, managing director at research firm Fung Global Retail & Technology, says she expects to see more major names introduce more sustainable products. But she says back-to-school shopping is still driven, in large part, by frugality.
The elephant in the room? It’s a devastating time for brick-and-mortar retail. According to new research from [NS1] Fung Global Retail & Technology, there have been 5,321 store closures from the start of the year to mid-June alone — up 218 percent year over year.
Deborah Weinswig, managing director at research firm Fung Global Retail & Technology, says she expects to see more major names introduce more sustainable products. However, she says the trend must be kept in context.