Sales of Canadian fresh food on Chinese online grocery markets are promising, according to Chinese online shopping space JD.com. Canadian food sales on JD.com grew 400% last year and 742% so far this year.
Japanese e-commerce giant Rakuten plans to partner with China's largest home listing website Tujia to increase bookings in Japan from Chinese visitors. Tujia aims to quadruple Japanese listings in two years to 20,000, competing with Airbnb which holds 50,000 listings in Japan.
Skechers plans to add 300 new outlets in India in three to five years, said Skechers executive Marvin Bernstein. The expansion is part of a strategy to target small and mid-size cities, and the online sector.
Less-than-truckload rates are on the rise because of factors including driver shortages and manufacturing growth, writes Greg West of C.H. Robinson. The increase in small e-commerce orders is another reason, he notes.
Independent video game stores are endangered, with many owners expecting physical storefronts to be gone within a decade as customers move online and market conditions make their existence more difficult. Most shops forgo selling new games in favor of old and used games and earning revenue from nongame products, but costs aren't going down and resale marketplaces like eBay, Let Go and Facebook are making it harder to cheaply buy troves of profitable old games.
Sephora, known for its large-format stores packed with beauty products from a slew of brands, will experiment with a neighborhood boutique format dubbed Sephora Studio. The first will open on Boston's Newbury Street Friday, with a curated collection of products that's focused more on makeup and less on fragrance and skin care.
Intel has reportedly ended efforts in its Basis smartwatch business segment, dissolving it as of two weeks ago. The company's New Technologies Group, which was previously developing wearables, will now focus on augmented reality, a source said.
H-E-B has teamed with Texas firm Enchanted Rock Energy to add natural gas generators at 50 stores in the Houston market, with plans to eventually roll them out to all of the retailer's stores in Texas. The generators will be a more reliable source of backup power for H-E-B's stores, which currently use diesel generators, allowing the retailer to offer customers a cool building, food and other supplies when power goes out.
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