• Party City Becomes Latest Retailer to Turn to Amazon for Growth

    2 monthes ago - By Fortune

    Party City prty has joined the hit parade of retailers deciding to be pragmatic about Amazon.com amzn
    .
    The company said on Thursday it would begin selling Halloween costumes on Amazon's mammoth marketplace, the first time it will sell Party City items outside of its fleet of 900 stores and its own website. And if that works out, Party City said in a statement, Amazon will later sell its Christmas and New Year's merchandise. Party City also manufactures much of what it sells.
    “The program also creates an additional channel of distribution,” Party City CEO James Harrison said in a...
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  • What Walmart and JD.com's Latest Investment Means for Chinese Retail

    2 monthes ago - By Fortune

    The Chinese grocery-delivery firm, Dada-JD Daojia, announced Thursday that has received a $500 million injection of financing.
    The money comes jointly from U.S. retail giant Walmart and Chinese e-commerce player JD.com. Walmart wmt said it had contributed some $320 million.
    Dada-JD Daojia is a dual-entity business comprising JD Daojia, which is JD.com's online-to-offline business, and Dada Nexus, a large crowd-sourcing delivery platform in China. Today's business was formed following a merger in 2016.
    So, how does the setup work? JD Daojia partners up with stores in hundreds of Chinese...
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