US retail ecommerce sales are expected to jump 16.6% during the 2017 holiday season, driven by increases in mobile commerce and the intensifying online battle between large retailers and digital marketplaces.
A daily update of new data and industry intelligence. Today: Back-to-school spending estimates... Department store search visibility rankings... Gen Z and millennials' hunger for attractive photos for their feeds.
Once shunned by luxury brands, online retail channels in China increasingly present the best option for companies to drive revenue growth.
A daily update of new data and industry intelligence. Today: US ecommerce activity surged in the second quarter... Sales declines at department stores and apparel chains... Restaurants top the list of admired industries... Less than memorable back-to-school messaging... and more.
The retail giant's latest results show the impact of its aggressive ecommerce moves, ranging from an expanded marketplace to creative delivery solutions, in its fierce competition with Amazon.
A daily update of new data and industry intelligence. Today: L Brands reports Q2 comparables decline... Some millennials don't want to be seen frequenting quick-service restaurants... UK ecommerce sales data for July... Retailers' mobile ad spending plans.... and more.
Target ended a string of same-store sales declines, as its focus on pricing, unveiled after a tough fourth quarter, helped drive increasing store traffic and stemmed negative food and beverage trends. If there is a shadow over the results, it's only that its two most serious competitors, Amazon and Walmart, may be moving even faster than Target is.
It’s mid-August, the high season for back-to-school shopping. But not all back-to-school products crest at the same time.
US consumers spent freely in July, sending retail sales up 0.6% over the previous month, according to initial Commerce Department estimates. And the estimate for June sales was revised to show a gain. But on an individual sector basis, the report showed mixed results, with some areas of the industry thriving and others continuing to struggle.
Dick’s Sporting Goods is the largest remaining sporting goods store, following bankruptcy filings involving rivals like The Sports Authority, Sport Chalet, Gander Mountain and Eastern Mountain Sports. But thinned out competition doesn't mean an easy race.