Here is a look at this past week in eCommerce. Some interesting partnerships took place, but also some big news for the growth of Canadian eCommerce as well.
Monday, October 10, 2011
It’s that time of year that shoppers go wild in holiday shopping, and retailers and e-tailers are gearing up for a busy time of year. This holiday season is no exception as experts are expecting sales to rise to about $465.6 billion compared to $453 billion in 2010.
This topic is not quite directly related to eCommerce as a whole, but worth mentioning in this weeks post. Gap, international super clothing retail has announced that a decrease in physical retail sales has led them to plan a shut down of 21% of their stores. A rise in online sales is a contributing factor to the decision.
Ebay’s X.Commerce platform is set to be competitive, but won’t dominate.