Brick and mortar stores are losing their sheen as consumers are increasingly using online platforms to buy products. As the eCommerce industry readies itself for hyper growth, technology vendors are basking in the warmth of India’s new sunrise economy
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A Future Shop customer is turned away by closed signs at a store in Winnipeg, Saturday, March 28, 2015. The sudden closure of Future Shop electronics stores demonstrates the evolution taking place in the Canadian retail space amid increased competition from online shopping, analysts say.
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Illinois State University Stories
The evolution of online shoppingIllinois State University StoriesIn the future, stores may become obsolete. That's if the evolution of online shopping continues at its breakneck pace, said Assistant Professor of Apparel, Merchandising and Design Ui-Jeen Yu. “The technology development of online shopping has ...
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While cyber gift cards undoubtedly make gift-giving easier on the sender, online shopping has also altered the way recipients approach gift exchanges. For example, Tiffany & Co. lures hopeful gift recipients with an online feature called "Drop A Hint." As shoppers browse the store's online inventory, they'll see a Tiffany blue heart beside each item, followed by a link to drop a hint.
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When the FBI seized the Silk Road 2 and other popular darknet markets, it was a dark day for people who buy illegal shit online. But it turned out to be a great day for Evolution , the largest market that didn't get shut down in the raid. Read more...
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The world’s first online transaction occurred in 1971 or ’72, roughly three years before South Africa witnessed its first television broadcast and nearly three decades (or so) before anyone bothered buying anything online in the rainbow nation. The “illicit” transaction was arranged between a group of Stanford students using Arpanet accounts at Stanford University’s Artificial Intelligence ...
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Ecommerce startup, Cartonomy, improves upon social retail technology with sharing functionality and purchasing capability to create community-inspired online shopping activities. (PRWeb March 07, 2014) Read the full story at http://www.prweb.com/releases/2014/03/prweb11650439.htm
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The Evolution of RetailDailyFinanceRetail is not what it used to be. Hanging out at the mall was once the cool thing to do; now people seek convenience and turn to online shopping instead. This change in customer attitude forces retailers to evolve--and in an industry where a 5% decline ...and more »
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