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Bed Bath & Beyond is the latest retailer to introduce a digital marketplace
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As seen in Retail Brew
About two-thirds of consumer e-comm spending worldwide is done on marketplaces, according to Forrester.
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Online marketplaces have become an increasingly popular strategy for companies not named Amazon (count Express and Hudson’s Bay as examples) simply because of the growth opportunity, explained Mohit Mohal, managing director with Alvarez & Marsal’s Consumer & Retail Group.