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Kroger, Albertsons Execs Defend Merger to Senate Committee, Say Consolidation is Needed to Compete with Walmart and Amazon

Retail TouchPoints

Since the merger was first announced in October it has faced steady pushback from consumer groups and legal entities, with opponents claiming that combining the two largest supermarket chains in the U.S. would be detrimental to both consumers and the companies’ employees.

Supplies 217
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ModCloth Sold Yet Again; Will This Buyer Hold On?

Retail TouchPoints

Women’s clothing and accessories retailer ModCloth has been acquired by Nogin, a provider of outsourced ecommerce for major fashion and consumer product companies. Founded in 2002, ModCloth offers exclusive indie- and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35- year-old women of all sizes.

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Mi9 Retail’s eCommerce Platform Powers a Global Online Retailer to Fourth Place in Newsweek’s “America’s Best Online Shops 2024”

Mi9

In the rapidly evolving retail landscape, where U.S. consumer spending is expected to rise between 4 to 6 percent, reaching a staggering $5.13 trillion this year, per the National Retail Federation (NRF), the importance of a strong online presence cannot be overstated. For more information, please visit www.mi9retail.com.

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Mi9 Retail Offers Built-In Integration for Google Shopping Local Feeds Partnership

Mi9

This collaboration alleviates the need for retailers to independently undertake the integration process as Mi9 Merchant takes charge of supplying the product inventory and pricing directly to the retailer’s Google Merchant Center account. said Eugene Voronov, EVP & GM at Mi9 Retail.

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How Coronavirus Is Impacting Ecommerce

ROI Revolution

According to consulting and research firm Technomic , 52% of consumers are avoiding crowds and 32% are leaving their house less often because of coronavirus. Influx in online shopping. As more consumers continue avoiding crowded public places , they’ll increasingly turn to online shopping to get their essentials.

eCommerce 204
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What Coronavirus means for eCommerce

PFS

According to UBS Global Wealth Management Chief Economist Donovan, the fact that the market share of eCommerce is significantly higher today than it was during the last major outbreak in 2002 (SARS) could reduce the economic impact of coronavirus.

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Retail apocalypse? Maybe it’s time to worry about a disruptor meltdown?

Steve Dennis

They also garner significant consumer interest and generally wreak havoc with the sales and margins of the industry incumbents challenge. As such, it’s hard to argue that they haven’t been disruptive to most major retail categories. The incremental benefits consumers receive are also impressive. respectively).

eCommerce 128