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2020 China's Double 11 Alibaba $74.1 Billion Summary

 

The biggest shopping festival in the world, this year running 11 days ending November 11. $74.1 billion in gross revenue for Alibaba. -from TDInsights Live

Alibaba's Double 11 Shopping Holiday Preparations

 

Double 11 or what used to be called Singles Day was an 11 day festival this year reaching sales of $75.1 billion. Here are the 9 winners of Alibaba’s Go Global 11.11 Pitch Fest. -from TDInsights Live

How a Walmart-TikTok Deal Could Transform Online Shopping in U.S. | WSJ

 

Walmart's potential deal with TikTok may not only change the retail giant, it could reshape how Americans shop online. -from WSJ

S. Korea's first unmanned 'smart supermarket' opens in Seoul -ARIRANG NEWS

 

There will be five such stores as part of a trial run, and by next year the government plans to authorize around 800, and then about 4-thousand by 2025. -from ARIRANG NEWS

Amazon's Newest & Biggest Grocery Store: Amazon Fresh Irvine -Yellow Productions

 

The coolest thing about these stores is the Amazon Dash Cart, which enables customers to skip the checkout line. -from Yellow Productions

Reinventing Retail with AI | I AM AI -NVIDIA

 

Leading retailers are leveraging AI to reduce shrinkage, improve forecasting, automate warehouse logistics, and more. -from NVIDIA

Why Movie Theaters Are In Panic Mode Seven Months Into Coronavirus? -CNBC

 

With the movie business competing with popular streaming services like Netflix, Disney+ and Apple+, is this the end of the movie theater business as we know it? -from CNBC

The Rise And Fall Of GameStop -CNBC

 

Even before the coronavirus pandemic started gamers had already begun to shift from buying packaged software at brick and mortar stores to downloading games directly to their consoles. -from CNBC

Chinese live stream shopping booms in lockdown -CGTN Europe

 

It’s becoming more and more popular in China, with online streams raking in millions of viewers and buyers. But could it ever take off in other parts of the world? -CGTN Europe

How Costco Became A Massive "Members Only" Retailer -CNBC

 

Costco makes billions doing what in retail might once have been thought unthinkable: charge people to shop there. -from CNBC

Why Amazon Has A Fake Review Problem -CNBC

 

Here are some ways to spot fake reviews and what Amazon and others are doing to try and stop them -CNBC

The Design Tricks Amazon Uses To Get You To Buy - Why You Buy -Cheddar

 

As retail traffic continues to migrate to digital, companies are changing how their sites are designed using principles of behavioral economics. -from Cheddar

Coronavirus spending: Spending has shifted to small luxury items such as champagne and DIY products -Yahoo Finance

 

How spending habits are changing as millions of Americans continue to work from home. -from Yahoo Finance

The Rise And Fall Of Pier 1 -CNBC

 

Once known for its “treasure hunt” atmosphere, colorful home furnishings, and distinctive holiday decorations, Pier 1 filed for bankruptcy in February 2020. -from CNBC

World's First Floating Apple Retail Store - SG Yap

 

Apple Marina Bay Sands is the first Apple floating store in the world and will be opened soon. -from SG Yap