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Black Friday Sales Drop as Shopping Trend Shift: NRF

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Washington—Early holiday promotions even before Thanksgiving, the continued growth of online shopping, and an improving economy changed the way millions of people approached the biggest shopping weekend of the year. According to NRF’s Thanksgiving Weekend Spending Survey conducted by Prosper Insights & Analytics, 55.1% of holiday shoppers were or will …

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‘Tis the Season to be Mobile: US Holiday Online Shopping Behavior Insights

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New York—A shorter Christmas shopping season, only 20 days, makes the race to pursue consumers critical in the final weeks. Criteo, the performance marketing technology company, today unveiled key data insights highlighting online shopping trends among US consumers during the holiday season. Criteo analyzed US holiday shopping behavior data from …

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Macy’s Launch iOS App Incorporating Mobile Image Recognition

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London–Macy’s launched their new iOS App for the holidays incorporating image recognition and visual search software findSimilar powered by Cortexica. Consumers are able to easily search through thousands of inventory items by simply using a picture snapped from their iPhone to find similar products available at Macys.com. The photo search …

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Survey: Gift Givers Plan to Splurge on Friends, Family for Holiday

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Washington—American consumers are likely to throw their cautiousness to the wind this holiday season, upping the amount they plan to spend. According to the National Retail Federation’s Holiday Consumer Spending Survey,, conducted by Prosper Insights & Analytics, the average person celebrating Christmas, Kwanza and/or Hanukkah will spend $804.42, up nearly …

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Korean Mobile Carrier Buys Shopkick for $200 Million

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Redwood City, CA—In what has been called a significant landmark in the growth of location-based mobile shopping, SK planet–a division of South Korea’s largest mobile carrier–has agreed to acquire loyalty application shopkick for approximately $200 million. For Shopkick, which is partnered with many major retailers and brands, including Macy’s, Old …

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Top Digital, Social Media Trends Driving Holiday Sales for Online Retailers

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Seattle–Global analytics and insights firm Blueocean Market Intelligence released its predictions today for the top digital and social media trends that online retailers will utilize to drive sales this holiday shopping season. Last year, retailers largely surpassed sales goals despite a relatively short shopping season, poor weather conditions and weak …

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Macy’s Inc. Outlines Omnichannel Strategies, Including Apple Pay

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Cincinnati—Macy’s, Inc. today outlined its latest advancements in omnichannel strategy and technology as the company continues to add new dimensions for attracting shoppers and serving the needs of individual customers. “Macy’s and Bloomingdale’s remain committed to operating at the forefront of innovation, as well as fostering a locally relevant shopping …

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NRF: Families to Increase Spending on Back to School This Year

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Washington—Driven by increased demand for electronic items and parents’ need to restock their children’s wardrobes and school supplies from last year, families this summer will spend slightly more on back-to-school items than last year. According to NRF’s 2014 Back-to-School Survey conducted by Prosper Insights & Analytics, the average family with …