Allen Questrom, Former Chairman and CEO of J.C. Penney, discusses how traditional retailers can survive competition from Amazon and other internet competitors. » Read More
ChannelAdvisor, which works with 3,000 retailers to sell products online including marketplaces like Amazon, said mid-day Tuesday that sales were in line with Prime Day 2015 in the U.S. PiperJaffray analyst Gene Munster said ChannelAdvisor's estimate might be conservative, however. Amazon said the Fire TV stick, which was on sale for $15 off at $25, was the top...
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The narrative that "everybody shops online so who needs physical stores" is dangerous to retailing, former department store exec Allen Questrom warns.
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