Credit: Getty Images by SEASTOCK E-commerce sales have continued to drive retail revenue in 2018, and with Deloitte forecasting $1.1 trillion in retail holiday sales driven primarily by growth in online sales, there’s no sign ofRead More…
Credit: thredUP Total global retail sales in 2020 are projected to reach $27.73 trillion, up from $24.86 trillion in 2018. It’s clear consumer spending is on the rise, but retailers now need to compete against notRead More…
Q4 is a busy one for retailers, with Black Friday , Christmas and of course New Year, being just a few of the key shopping peaks retailers will need to deal with. The tight margin, andRead More…
To be fair to economic development efforts, the business of selling a place is more than offers of tax incentives. Still, that expensive piece of it has surfaced as a tension point in the Amazon HQ2Read More…
Dive Brief: The International Council of Shopping Centers (ICSC) last week forecast that holiday shopping will rise 4.5% to $807 billion , with $685 billion spent on gifts and other holiday items and $122 billion onRead More…
eBay has accused Amazon.com of trying to poach sellers for its own marketplace through eBay’s internal messaging system, The Wall Street Journal reported yesterday. The report said that on Monday, eBay sent a cease-and-desist letter toRead More…
With Cambridge Analytica, British Airways, and several other high-profile data breaches making headlines, retailers are (unsurprisingly) starting to reconsider their own customer data policies. But rather than making the mistake of seeing these events as anRead More…
Walgreens has announced a new partnership with digital beauty subscription company Birchbox . The pharmacy chain will experiment with adapting Birchbox’s subscription concept to some of its stores, stocking shelves with more “prestige” makeup brands, dedicatingRead More…
Specialty mattress retailer Mattress Firm late last week filed voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court in Delaware. The move was made, according to Mattress Firm, to “strengthen its balance sheet and optimize itsRead More…
While personal recommendations may forever reign as the most trusted form of consumer marketing, 85 percent of respondents to a recent BrightLocal Survey reported that they now trust online reviews just as much as those personalRead More…