New Forrester report shows mobile devices drove $2 trillion in off-line retail sales in 2016. Mobile shopping could reach $152 billion (24% of online retail sales) in the US by 2021.
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 look at where Walmart is today, where it's going in-store and online, and how it's doing in the digital battle to defend itself from Amazon. The biggest Walmart news is uber-investor Warren Buffett divesting $900 million of Walmart shares.
PaymentsNEXT's retail news roundup includes the latest news and developments from Ivanka Trump, Dollar General, Walmart, Amazon, Macy's and more.
Writing in Fortune, Phil Wahba expects to see desperate department stores and anxious retailers as he looks at prospects for Macy's, Gap, Target, Walmart, Barnes & Noble and more. Edwin Choi of CellularOutfitter shares his predictions for e-commerce in the new year including: customer personalization, mobile video consumption, cross channel marketing and Snapchat marketing.
The Wall Street Journal reports on the challenges retailers are having and how they're having to offer discounts to keep consumer interest. Prosper Insights & Analytics research shows 25% of consumers bought gifts this year from Amazon, up 10% over last year. Fortune says the use of online promotions by retailers is up 79% this year.
According to Prosper Insights & Analytics, 26.2% of consumers have bought products during the holidays online from Amazon, up 10% from last year. Walmart ranks second at 14.3%. InternetRetailer.com estimates Amazon's Black Friday weekend sales at $4.74 billion, a stunning 37% of all US online sales.
It’s easy to have missed some interesting innovations in retail with the past few weeks focused on Black Friday sales. Today, we’ve got a roundup of retail innovators and news to keep you up-to-speed on who’s getting industry and consumer ...
Amazon accounted for 30.9% of all sales from Black Friday to Cyber Monday according to a report from Slice Intelligence. Amazon, Walmart and Best Buy were Black Friday weekend sales winners said Moody's analyst Charlie O'Shea.
Cyber Monday set a new US sales record reaching $3.45 billion, up 12.1% compared to 2015. Most popular items sold on Monday? Sony PlayStation and Apple iPad, while at Walmart it was the Samsung 55″ HDTV and Barbie’s Dreamhouse. Amazon sold ...