• Monday , 16 January 2017

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Cashback News: US Black Friday sales results are in – a record $3.34B online

Cashback News: US Black Friday sales results are in – a record $3.34B online

Preliminary results are in for Black Friday sales and online hit a record $3.34 billion in sales, according to Adobe Digital Insights. Black Friday sales soared by 21.6% but some e-commerce websites, including Macy’s, were down briefly causing consumer frustration and lost ...

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Cashback News: Mobile commerce holiday shopping trends and news updates

Cashback News: Mobile commerce holiday shopping trends and news updates

Today, we’re looking at the impact of mobile commerce on e-commerce and holiday retail sales. Neosperience reports smartphone users spend nearly three hours daily looking at mobile devices. Deloitte Digital says 84% of consumers use their mobile phone while shopping in store. Kmart’s ...

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Cashback News: Black Friday – Latest US retailer strategies, news and updates

Cashback News: Black Friday – Latest US retailer strategies, news and updates

Amazon's US deals launched Wednesday featuring a long list of planned discounts and will end just prior to Christmas in the US. A CNN news video highlighted several interesting facts: each Amazon fulfillment center holds 15 million items; orders travel eight miles of conveyor belts; packages get less than one minute of human contact.

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Cashback News: UK retailers wonder if Black Friday wIll be black or red?

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.

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Cashback News: E-commerce gaining momentum in Latin America – market updates

Cashback News: E-commerce gaining momentum in Latin America – market updates

B2C e-commerce sales in Latin America will grow from $71 billion in 2015 to more than $87 billion by 2018 according to Statista. Their report also notes 38% of consumers use mobile for search and 27% purchased via mobile. Business Insider expects online shopping to grow 17% annually in Latin America with Brazil making up 42% of the total and Mexico 12.3%.

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Cashback News: What’s up with China’s Singles Day promotion and sales projections?

Cashback News: What’s up with China’s Singles Day promotion and sales projections?

Alibaba has already racked up more than $1 billion in sales and more than $5.2 billion in the first hour with more than 84% of sales on mobile devices. 2015 Singles Day sales were $14.3 billion in China for one day alone. compared with a $5.8 billion in US Black Friday/Cyber Monday sales.

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Cashback News: US Retail, Who’s closing, struggling, surviving retail chaos?

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.

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