US retail news roundup includes: Teavana, NRF, Apple, Amazon, Retale, Costar, Echo, Siri and Google Home.
US retail news highlights including TJX and Neiman Marcus openings, Payless and JCPenney closures, Walmart profits, GNC losses and e-commerce challenges all around.
We cover who's making mobile retail news in every segment from fashion, fast food and fast mobile retail trucks to fake apps, free mobile payment apps in India and frustrated mobile customers at Starbucks.
Is the love affair with gift cards still going strong or have consumers found new places to spend holiday money? Sarah Quinlan, SVP, Market Insights for Mastercard, expects gift card sales to remain strong right through Christmas.
Holiday sales predictions? Adobe Digital Insights predicts 2016 online sales will be up 11%. 55% of US and UK retailers say Amazon will drive the majority of their holiday sales this year according to research by ChannelAdvisor and Morar Consulting.
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.
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.
Who's innovating in loyalty and member reward programs around the globe? We profile Shangri-La, Target, Nordstrom, Expedia, Ahold, Togo's Eateries Delta Airlines and Walgreens.
we've got a roundup of the latest global mobile news, insights and trends to keep you up-to-date on who's winning in m-commerce. Mobile is growing at double the rate of e-commerce and traditional e-commerce leaders are falling behind more savvy m-commerce innovators according to a report in Internet Retailer. A Hitwise research study shows more than 56% of top retail store searches now happen on mobile.
US retail is trending slightly positive to the end of 2016 – up by 3.6% according to the National Retail Federation, with e-commerce expected to be up 7%-10%.