Credit: Getty Images by Hinterhaus Productions The holidays are nearly upon us, and brands have begun gearing up to knock down prices and pull as many people into their stores during the biggest shopping season ofRead More…
Sponsored by: Unbxd Speakers: Joel Layton, Retail Executive and Former VP of e-commerce, The Children’s Place and Prasad Joshi, Director of Data Science, UNBXD Over the last few years, AI and machine learning have been theRead More…
Credit: Getty Images by Scott Olson Starbucks announced this week that it will cut 5 percent of its corporate workforce. CNBC reports about 350 employees in marketing, creative, product, technology and store development will be impacted,Read More…
Credit: Getty Images by Busakorn Pongparnit ’Tis the season for promotional emails. According to Adobe , in 2017, Cyber Monday alone accounted for $6.59 billion in sales, with roughly 25 percent of sales driven by emailRead More…
Credit: Getty Images by bernardbodo Anyone who has walked down Main Street or through a shopping mall recently has seen it. Store after store shuttered. Big-name retailers gone. Even anchor-store locations decamped. These are challenging timesRead More…
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…