Who's having success with omnichannel retail strategies? Check out Indochino, Untuckit, Walmart, Bonobos, DSW, UGG, Urban Outfitters, Zumiez and more.
US retail news highlights including TJX and Neiman Marcus openings, Payless and JCPenney closures, Walmart profits, GNC losses and e-commerce challenges all around.
Fresh into the New Year, we have a few 2016 retail reflections and a look at what's ahead in retail in 2017. Adobe said final year-end US e-commerce sales hit $91.7 billion, up 11% over 2015 and comprised 9% of $1 trillion in total retail sales.
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.
According to Deloitte research, holiday sales may reach $1 trillion, online $96 billion and digital may influence 67% or $661 billion. In the UK, mobile holiday sales will reach more than 50% of sales for the first time says a Salmon research report.