December 6, 2019
Via: Retail DiveTarget’s Time Square store represents a deepening into a market and format that hold a major opportunity for the retailer. The small store has created an inroad for Target into dense, urban markets, which largely remain a frontier for fellow […]
December 5, 2019
Via: Retail DiveThe Bloomreach report confirms the importance of omnichannel marketing to reach consumers wherever they are. The report found a 60% increase in spending via desktop and a 40% increase in spending through mobile from last year. But in terms of […]
December 4, 2019
Via: Retail DiveThe Cowen analysts call Lululemon a “dual gender brand with unmatched loyalty,” drawing numerous comparisons to Nike. “We view LULU growth, durability and ROIC [return on invested capital] profile as most [similar] to NKE,” the analysts said in the report. […]
December 4, 2019
Via: Retail Info Systems NewsCyber Monday once again set sales records, collecting an awe-inspiring $9.4 billion, making it the single biggest digital sales day ever, reports Adobe. Adobe bases its estimate by measuring transactions from 80 of the top 100 U.S. online retailers. The […]
December 2, 2019
Via: Retail Info Systems NewsOn Thursday morning, the Thanksgiving holiday, Costco added a banner to its website alerting shoppers that its website was “experiencing slow response times.” While Costco kept its doors closed Thanksgiving, it had planned to offer its Black Friday deals early […]
December 2, 2019
Via: Retail DiveFor years now, Cyber Monday has served to extend the Thanksgiving-Black Friday sales event, and this year the trends observed over the weekend are expected to hold true, if not intensify. That includes the fact that mobile shopping was the […]
November 26, 2019
Via: Retail DiveBest Buy is solidifying its position in a market where analysts see a more wary consumer, thanks in part to its strength as a brick-and-mortar retailer. That is blunting what was seen just a few years ago as a looming […]
November 22, 2019
Via: Retail DiveNordstrom in the third quarter strayed from the narrative, underscored in recent days by weak performance from Kohl’s and Macy’s, that department stores are in trouble. The company demonstrated inventory discipline that helped it avoid markdowns, which dogged both Kohl’s […]
November 21, 2019
Via: Retail DiveMacy’s was buffeted on all sides in the third-quarter, with e-commerce growth ebbing and its stores in lesser malls under-performing significantly. Executives repeatedly expressed confidence in their “store segmentation strategy,” which entails three individual approaches to growth: one for about […]
November 20, 2019
Via: Retail DiveBy November of this year retail store closures were already nearly 55% higher than during the entirety of 2018. That’s according to advisory firm Coresight Research, which put the number of closures at more than 9,000 as of Nov. 1. […]