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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 …

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Mobile Shopping Report: Retailers Fall Short of Consumers’ Expectations

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Wellesley, MA—While Black Friday and Cyber Monday 2012 proved that mobile commerce is growing steadily, new research reveals that the top 20 brick-and-mortar retail brands still fall short of consumers’ expectations for fast, well-designed and functional mobile apps and websites. According to Mobiquity’s Mobile Shopping Satisfaction Report, an independent consumer …

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Study: Smartphones to Influence $689 Billion in Retail Store Sales by 2016

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New York—Retailers have a good reason to pay attention to consumers’ “showrooming” or shopping in-store to view products and then comparison shopping (or even buying) on their handheld devices. According to a new research by Deloitte released today, smartphones currently influence 5.1% of annual retail store sales. That translates into …