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INDUSTRY EXPERTS ARE PREDICTING A MERRY AND BRIGHT HOLIDAY SHOPPING SEASON

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According to several forecasting firms and economists, this holiday shopping season should be merry and bright for retailers. The National Retail Federation (NRF) predicts that retail sales for the season will reach $655.8 billion, a rise of 3.6% since last year and well above the 10-year average of 2.5%. Two other consulting firms …

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RETAIL BESTSELLERS: MALKA, ACCESSORIES FROM COLOMBIA

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Laura Arciniegas and Carolina Velasquez are two Colombianas looking to put their motherland on the international fashion radar. They launched Malka after seeing the class of talented young accessory designers emerging from their home country. They stock the site with indigenous handicrafts and sophisticated pieces with flair, alongside one-of-a kind styles from Colombian designers like Tres …

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TIME IS OF THE ESSENCE WHEN IT COMES TO ONLINE SHOPPING

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While the trend in e-tail continues its move towards mobile capabilities, a recent study by Demandware found that customers spend longer on e-commerce sites when accessed through laptops or desktop computers. The study, based on information gathered through their e-commerce software, accessed 400 million shoppers worldwide and also found that …