This week we're discussing:
- "Apple hit with German Antitrust complaint as it prepares to roll out new iPhone software.", reported by Sam Shead of CNBC. With the new iOS-14 update, it seems like a lot of companies have sharpened their claws to combat Apple... Do you think this is just the beginning of the antitrust avalanche Apple will run into?
- The Retail Brew says, "Click and collect sales, including curbside pickup, made up around 9% of total US e-comm sales last year. An Ipsos survey found 78% of shoppers had used curbside pickup, or BOPIS, since the pandemic started. 69% planned to use it at the same level, or higher, post-pandemic"... Spinning off of what we discussed last week, are we going to be seeing a major shift in how brands think of omni-channel?
- "Lord & Taylor was just acquired by the Saadia Group, pulling them from a bankruptcy auction for $12MM.", Bloomberg reports. Lord & Taylor isn’t the first legacy retailer to restart from bankruptcy as an online-only venture.... Should we expect to see more of these older brands, with customer loyalty, begin to reemerge from insolvency?
- With the ever increasing prices of nostalgia online, whether through Ebay, or any other marketplace, Lids (the largest hat retailer) thinks hats will become the new sneakers, in terms of fostering an obsessive audience... Do you think Lids is on to something here? Or just pushing hype?
- Shopify's Q1 revenue exploded by 101% YoY, but their C-Suite imploded. With Shopify trying to reverse the executive exodus, will we be seeing a slow down in Shopify's innovation?
Join us every week for a new episode of Ecommerce Straight Talk, where we discuss Ecommerce trends, behaviors, news, and latest topics.
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