Tax breaks and a strong labor market boost confidence and shopping
Only 20% of online shoppers write reviews of their purchases, yet everyone seems to want them when purchasing. How to get more for your products?
What did consumers do this Thanksgiving weekend besides gorge themselves on turkey and pie? They went shopping…in droves….just not always at physical stores. While physical retail remained relevant, the big winner in shopping method was mobile. Commerce marketing firm Criteo said 40% of Black Friday online purchases were made on …
One bright spot: Christmas falls 32 days after Thanksgiving this year, one day more than last year, and is on a Monday instead of Sunday, giving consumers an extra weekend day to complete their shopping.
The holiday countdown is soon to be upon us, and retailers better pay close attention to the nuances of the 2017 calendar.
It’s looking to be a happy holiday after all, but retailers will have to compete harder than ever to hold onto market share and consumer interest.
Though more than 80% of shoppers prefer email communications, 38% now want to hear from retailers on multiple channels. Also, post-purchase communications are among the most-likely to be appreciated via text or push notification.
Marie Claire’s The Next Big Thing Concept Shop takes consumers to the next level of shopping, fusing fashion, tech, entertainment and beauty.
When Retail Systems Research (RSR) interviewed 1,266 retailers about their top three challenges, “consumer price sensitivity” was the most common complaint (55%). This was even up from 2016, when 50% of executives cited it most prominently, notes eMarketer Retail. But in actuality, long lines and salespeople complaints ranked high. But …
Retail’s ongoing fallout has finally been quantified, and the numbers are staggering.
Birkenstock has been enjoying a turn in the sartorial spotlight lately. Now the company has fully embraced its new role as a fashion leader with a new pop-up concept called Box.
Sears Holdings in general seems not optimistic about its business prospects lately. Just recently, it mentioned that it would cut 400 full-time jobs at its Illinois headquarters as part of a plan to save more than $1 billion.
Judging from the numbers, retail sales for May 2017 remain unchanged despite an upwardly revised gain of 0.6%, according to the National Retail Federation (NRF).
Many universities and colleges are now gearing up for the incoming class of 2017, and for retailer JCPenney, now is the time to cater to upcoming freshmen who are looking to do some shopping for their dorms.
It’s only halfway through 2017, but for Karen Hoguet, CFO of Macy’s Inc, it’s wise to assume that the year won’t end with a bang.
Who loves queuing up in a long line? Definitely not Barclaycard.
Saying that “Congress has stalled for too long,” the National Retail Federation welcomed renewed efforts in Congress to require online sellers to collect sales tax the same as local stores. “With more states passing sales tax laws or going to court, pressure is building on Congress to finally address this …
Shop now, and help save the wildlife. This is the latest business credo of fashion brand Sakroots, as it has recently announced a new collaboration with the Wildlife Conservation Society (WCS), an organization that helps raise awareness and education for wildlife preservation. The partnership is materialized through Sakroots’ Choose Your …
Retailers have found a saving grace to what was a slow kickoff of Holiday 2016. Just recently, experts said that an increase in last-minute shoppers and online orders have resulted into sales growth for the season. Research organization Customer Growth Partners has raised its holiday sales growth forecast from 4.1% …
Chinese Laundry was at its peak during the ’90s, back when chunky platforms were big and it was a go-to shoe brand for elevated flip-flops with a woven straw material. It was such a hit that these days, various websites list it as one of the “unforgettable shoes” of that …