Digital Retail Quotes

After I retired, it seemed to me that there was a whole new world out there, which was a digital world driven by a marketplace, basically, which had a huge potential driven by handheld devices, which would one day become the virtual retail store of India.

I started buying on the Internet quite rapidly, as early as 1995.

I think Amazon is the preeminent pioneer in building a new way of doing commerce: personalized, database-driven commerce, where the big value is not in the purchase fulfillment, but in knowing as much about a customer base of ten or twenty million people as a corner store used to know about a customer base of a few hundred. In today's mass-merchandising world, that's largely gone; Amazon is trying to use computer technology to re-establish it.

I'm thrilled to be joining Gap Inc., a company that understands the importance of integrating technology and retail in ways that improve the lives of its customers.

Shopping in the future can become an experience where conventional retailers can complement the success of online retailing. Government needs to work in partnership with the sector to help make this a reality.

Over the years, the way our customers shop our stores and websites has changed and will continue to change with the increasing popularity and convenience of smart phones and tablets.

I shop almost exclusively online, from brands like Eloquii, ASOS, Elizabeth Suzann, or Rachel Comey, if one of their straight-size pieces has a little extra room.

E-commerce is not an industry; e-commerce is a tactic.

The malls are getting more and more crowded. Customers will come online and find an easy place to shop.

The online shopping paradigm is finally changing. Indeed, I think we’ve seen more innovation in the last 10 months than in the last 10 years. We’ve seen an explosion of interesting technologies and opportunities that seek to change online shopping.

Online commerce is being replaced by mobile.

It is a well-known fact that bringing in technologies in retail sector is good for consumers.

Retailing has gone from an information-scarce to an information-rich environment.

For many years, we have repeated that the direct-to-consumer channel is growing and capturing a larger share of our customers' wallet.

Retail is now totally propelled by consumers and their needs. People can buy what they want in any way that they want it. That trend started a long time ago, and it has really changed everything.

As demand shifts from offline retailers with limited shelf space to online channels with much larger assortments, the sales distribution is not getting fatter in the tail.

I've always enjoyed shopping and loved fashion, but my interest as an entrepreneur was definitely more about the opportunities I saw to change the future of retail. My sister was a buyer in New York, and she knew my body and my style, and she could find me things I loved. I thought, 'What if everybody had access to this kind of experience?'

While stores continue to be a very important part of our business, there is no mistaking the fact that the customers' shopping preference, measured by both traffic and sales, continues to move to a virtual experience.

More and more people are opening online stores and online retail businesses. This market is expanding very, very quickly.

There are a whole bunch of people who don't like to shop. But there are also people, maybe, who even do like to shop but are very time pressured. And so shopping online can save people time.

The difference between online and offline commerce is basically blurring and disappearing.

If you have a smartphone - and you have a smartphone - then you have a comic book store in your pocket. So you don't have to get over any social anxiety you have about entering that space.

I see Intershop as a leader in the E-commerce digital economy and believe the company has truly long-term potential.

Nowadays, you don't need to live in a fashion capital of the world, have lots of money, or be able to shop during certain hours. With online retail, it's possible to browse and shop for fashion anytime of the day, from pretty much anywhere.

No one disputes that online businesses offer much more variety than their analog counterparts.