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Macy's (M -0.6%) and Costco (COST -1.3%) plan to ramp up e-commerce efforts in China in order to...

Macy's (M -0.6%) and Costco (COST -1.3%) plan to ramp up e-commerce efforts in China in order to avoid the misfires of U.S. brick-and-mortar retailers such as Best Buy and Home Depot. Though not a lot of details on the initiatives have been released yet, both companies appear likely to partner with local operators in the initial stages.
Comments (1)
  • " to ramp up e-commerce efforts in China in order to avoid the misfires"

     

    This is a bit premature, see how Walmart is doing with 360buy.com.
    9 Apr 2013, 05:37 PM Reply Like
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