Happy Thanksgiving to our many US friends and industry ...
Cashback News: Final pre-Black Friday sales predictions and news roundup
With just two days until US Black Friday kicks ...
Cashback News: UK retailers wonder if Black Friday wIll be black or red?
One Hour Translation research suggests 27% of UK shoppers will buy on Black Friday. An LCP Consulting study found 61% of UK retailers believe Black Friday is unprofitable and unsustainable compared with 32% in 2015. Amazon plans to run its sale for 12 days compared with five days last year and figures to ship more than 9.5 million orders.
Cashback News: US Retail, Who’s closing, struggling, surviving retail chaos?
Dick's Sporting Goods absorbs Golfsmith, 60 US stores will close. Watch and accessories retailer Fossil will close some of its 610 international stores the numbers have not yet been released. Office Depot continues plans to close 300 stores over five years including 65 in 2016 Q4. American Apparel may be planning a second bankruptcy after missing a $2.5 million payment to creditors. Performance Sports Group, maker of Bauer hockey and Easton baseball gear, announced bankruptcy plans.
Cashback News: Ecommerce & retail holiday news roundup
Leading into the critical US holiday shopping season, we've got our latest look at the e-commerce and retail news roundup. It starts with Adobe's 2016 Digital Insights Shopping Predictions for $91.6 billion in total sales and $1 billion online. According to McKinsey, 39% of US and 42% of UK shoppers will do the majority or all their shopping online this year.
Cashback News: What’s the forecast for holiday gift card sales?
The National Retail Federation said US e-gift card sales reached $7.1 billion in 2015, up 26%. Retail Gift Card Association said 45% of consumers will spend more than the value of their gift card.
Cashback News: How are US retailers getting ready for holiday sales?
National Retail Federation forecasts 3.6% US retail sales growth to $655.8 billion — significantly higher than the 10-year average of 2.5%. E-commerce sales will grow between 7%-10%. Bain Capital says retail sales could grow up to 4% and SeekingAlpha predicts online sales will increase 17.2% this year.
Cashback News – Sept 26: Retail closures, e-commerce and competition heating up in US
It’s time for a quick update on US retail ...
Cashback News – Sept 7: 10 innovations in US retail you need to know
We're looking at 10 innovations in US retail to help retailers and marketers keep up with competitors including the big guys like Lowe's, Walmart and Bon-Ton as well as midsize innovators like Dollar General, Meijer and Kroger.
Cashback News – Aug 29: Innovators: Which US retailers are winning with artificial and virtual reality for customer impact?
Here's a collection of innovative retailers using augmented and virtual reality technologies in showrooms, changing rooms, for in-store entertainment, product information, sales, on mobile apps, Pokémon Go strategies and much more. Impressive!