US Halloween retail spending will hit a record $9.1 billion this year, an 8.3% increase over last year’s previous record and a continued reversal of the flat to down trend seen from 2012 through 2015.
The retail sector will be responsible for more than a fifth of all digital ad spending in Germany this year, according to eMarketer's first-ever cross-industry ad spending forecast for the country.
The UK's largest industry sector for digital ad spending—retail—will drive overall digital ad spending gains through 2018, according to eMarketer's cross-industry ad spend forecast.
Asia-Pacific is home to the largest retail market worldwide, making up 40.7% of global retail sales in 2017, eMarketer estimates. More than half of those sales will come from consumer spending in China alone.
Plenty of US retailers and brands are looking overseas for growth. And plenty are finding unexpected obstacles and tripwires along with opportunity.
A record 47% of US online consumers said they have made at least one online purchase from an international retailer this year, up from 43% in 2016, according to the UPS Pulse of the Online Shopper study, released Wednesday at the IRCE conference in Chicago.
Known as the "Merchant Prince," the retail visionary hasn't been able to stem sales declines. West Elm exec James Brett will succeed him.
In-store offerings like easy returns and better customer service make physical stores more appealing than online platforms for many shoppers.
Convenience-store sales have been rising for several years, excluding gas sales, and the product mix is changing.
Known for its cheap chic image and hip celebrity fashion partnerships, Target now is working to re-establish "price credibility" on food and other essentials as consumers gravitate toward low-price offerings.