Tag: omnichannel

February 18, 2021

Walmart reported 69% online sales growth and an 8.6% same-store sales bump in the U.S. during Q4 2021, which ended Jan 31, 2021. Total revenue for the full fiscal 2021 was $559.2 billion, up 6.7% from fiscal 2020. The retailer […]

January 5, 2021

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. In fact, the impacts of the most unique holiday in decades are still being […]

December 29, 2020

Never before have consumers had so many options for returning unwanted holiday gifts. Some may help retailers handle what’s expected to be a record haul of returns this year. Among the expanded options being offered: Extended holiday return windows: A […]

December 28, 2020

In the first major post-holiday report, Mastercard has projected U.S. retail sales grew 3.0 percent in the expanded selling season from Oct. 11 through Dec. 24, short of 2019’s four percent gain, but ahead of a forecast for 2.4 percent […]

December 17, 2020

With pandemic-huddled households discovering online grocery shopping, Kroger has broken onto eMarketer’s top-ten U.S. e-commerce retailers list. America’s largest grocery chain landed at nine, moving ahead of Costco and bumping Macy’s off the list. “The pandemic has shifted consumer priorities,” […]

December 15, 2020

Starbucks plans to open a whopping 22,000 locations to bring its massive store count to 55,000 by 2030. At its bi-annual Investor Day, Rosalind Brewer, COO and group president-Americas, projected Starbucks’ U.S. base would expand by “nearly 800 gross stores […]

December 10, 2020

It’s no surprise that online sales have been higher than ever before during the 2020 holiday shopping season — especially on Black Friday and Cyber Monday — while in-store traffic fell by 52 percent compared to 2019. Although the demand […]

November 30, 2020

Those long contending Black Friday is no longer relevant certainly have a strong argument this year. In-store traffic on Black Friday collapsed 52.1 percent year-over-year, according to Sensormatic Solutions. A steep decline was expected as a second wave of COVID […]

November 20, 2020

Walgreens announced a complete reinvention of its customer loyalty program yesterday. What that means for its business remains to be seen, but it’s clear that the drugstore giant doesn’t plan to just sit by as Amazon.com and others vie for […]

October 27, 2020

Consumers want to go shopping in stores. Of course, that comes with caveats, according to the results of a new survey from Oracle. The research found that only 20 percent of shoppers plan to shop exclusively in stores during the […]