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Shopify Invests in Wholesale Marketplace Faire, Expands Reach into B2B Ecommerce

Retail TouchPoints

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

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Guess posts flat revenue amid lower consumer confidence

Inside Retail

In the Americas, retail revenues dropped 7 per cent in US dollars and 8 per cent in constant currency, while wholesale revenues increased 4 per cent in US dollars and decreased 1 per cent in constant currency. The post Guess posts flat revenue amid lower consumer confidence appeared first on Inside Retail Australia.

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In for a penny, in for a pound: Thailand’s Central bets big on wholesale

Inside Retail

Thai retail conglomerate Central Retail (CRC for short) has launched full-on into the wholesale business under the name Go Wholesale, and is planning to give CP Axtra — parent company of retailer Lotus’s and wholesaler Makro — a run for its money. It operates 164 wholesale units, of which all but 10 are in Thailand itself.

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BJ’s Wholesale Club Taps DoorDash for On-Demand Delivery in 17 States

Retail TouchPoints

BJ’s Wholesale Club has partnered with DoorDash to offer on-demand grocery delivery from 226 locations across 17 states. We are excited to expand easy shopping solutions for our members, while also bringing BJ’s wide assortment and exclusive products to new potential members.”.

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Do You Have What It Takes to go from Wholesale to DTC?

Retail TouchPoints

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. to visit your website. Fulfillment and Returns.

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Ralph Lauren’s growth slows amid wider trend in luxury market

Inside Retail

While wholesale revenue dropped 4.6 per cent, the retail segment – which includes all the sales made direct to consumers in-store and online – grew 5.8 per cent, driven down by poor wholesale numbers, offset by better direct-to-consumer sales. per cent as slower economies in some markets dampened consumer spending.

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Consolidation and live shopping: Four e-commerce trends to watch in 2023

Inside Retail

Social commerce and live shopping. Browsing and shopping directly on social media platforms has long been a hallmark of e-commerce in China, now, it’s finally coming to Australia. Half of the GTV of e-commerce in China now comes from live shopping. Live shopping is essentially the modern-day, more sophisticated version of TVSN.

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