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HOLIDAY SALES SOARED AT AMAZON RESULTING IN ITS BEST-EVER SELLING SEASON

In Retail News, What's New by Christine GalassoLeave a Comment

Amazon is reporting that holiday 2016 was its best-ever selling season, shipping more than one billion items worldwide. The company points to consumer convenience initiatives like Amazon Dash, which allows shoppers to “skip the trip” to brick and mortar locations, among the top reasons for its banner year. Amazon Prime services …

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Expert: Why Some Retailers Will Opt Out of Black Friday

In Industry Experts, What's New by Accessories StaffLeave a Comment

Industry Experts

Stevens, PA–REI, a co-op retailer whose members pay a fee to belong, got unimaginable publicity with its announcement that its stores will remain closed on Black Friday! #OptOutside–which encourages its members to spend the day with family and friends enjoying the outdoors–is perfectly on-brand. But even more important, it got …

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Global 100 Brands: Tech Dominates Traditional Retail, Consumer Brands

In Industry News, What's New by Accessories StaffLeave a Comment

New York—In its 16th annual Best Global Brands report, released Tuesday, Interbrand points out the 100 most valuable global brands. Technology and automotive brands dominate this year’s ranking, holding a combined 28 positions. Technology brands, in particular, dominate—collectively making up more than a third (33.6%) of the total value of …

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Target’s Price-Matching to Lure More Millennial Shoppers?

In Industry Experts, Reports, What's New by Accessories StaffLeave a Comment

Industry Experts

Minneapolis—Target unveiled a new price-matching policy today, which includes price-matching both online and in-store. It’s all part of Target’s greater initiative to compete with the convenience and price advantages offered by competitors Amazon and Walmart both of whom are included in Target’s new price-matching, which is set to launch on …

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Macy’s, Bloomingdale’s Roll Out Same-Day Delivery to Additional Markets

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Cincinnati—If you don’t think same-day delivery is being a key marketing tool for major retailers, take a look at this news today from Macy’s, Inc. The department store company announced that Macy’s and Bloomingdale’s are expanding same-day delivery service to nine additional markets, beginning this month, for products purchased online …

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Week in Review

In What's New by Accessories StaffLeave a Comment

Some of the top stories reported this week, in case you missed them: Tiffany felt pushback from international tourists who are quickly learning that a strong dollar means a worse conversion rate when they go shopping on our shores. Amazon added free, same-day delivery services for Amazon Prime members, provided …