Alix Partners

Singles Day on Nov. 11 is an unofficial Chinese holiday. The holiday has surpassed Cyber Monday as the largest online shopping day of the year globally.   What Happened: Alibaba Group Holding Ltd (NYSE: BABA) owns the trademark to Singles Day and is the largest participating retailer....

That the retail sector is struggling is no secret. Brick-and-mortar stores are reeling under the impact their online counterparts are having on the way things are bought. Several of them are closing down underperforming stores, while some of them are going out of the business — arguably...

Brick-and-mortar retailers, which are looking to make a foray into the lucrative online space to take on the competitive threat posed by e-commerce companies may now have to stop and think twice. After all, selling online may not help realize the highest profit potential. The findings were...