Morgan Stanley's internet and retail research teams led by Scott Devitt
just published a big report on global e-commerce, which they project will be a $1 trillion market by 2016. E-commerce and retail are engaged in a zero-sum game: one company's gain in e-commerce is another's lost retail sales. As such, the team refers to e-commerce in the context of "retail sales disruption."
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How Gilt Led the Way for Women in E-Commerce
January 9, 2013
"When we started there were not a lot of female-founded [online] consumer retail companies," Gilt Groupe Co-Founder Alexandra Wilkis Wilson told the Financial Times
. Gilt, of course, is huge now, and in addition to revolutionizing online shopping, FT
is suggesting that the company has also provided a much-needed model for MBA students and other women headed into the business of fashion. "There now seems to be a path to follow," says Christina Wallaceof, co-founder of newly launched e-commerce site Quincey Apparel, which she founded with Harvard Business School classmate Alex Nel.
Consumers Want Mobile Enhanced Retail
January 9, 2013
Mobile shoppers are expecting more from retailers according to a new study by Latitude, Next-Gen Retail: Mobile & Beyond
. Smartphones and tablets aren't just making shopping more convenient and real-time; they're fundamentally changing how people think about shopping. Mobile shopping makes people feel more relaxed, productive and informed, as well as more open-minded and receptive to discovering new things, says the report.