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  • Report: Three Biggest Takeaways from Amazon’s impressive third quarter

    Amazon surpassed analysts’ expectations on Thursday, posting a 23% increase in revenue and its second consecutive quarterly profit. But according to a report by The Street, Amazon’s fast-growing cloud services business was the biggest story, bringing in $2.1 billion in revenue for the quarter. [The Street]

  • Report: Evolve brick-and-mortar to keep up with times

    Retailers should continually re-invent the in-store experience to keep up with changing consumer needs.

    That is one of the key imperatives for growth identified in a new retail index and executive survey, “Reigniting Growth: Three Imperatives for Retail’s Future,” by SAP SE.

  • Shoppers not spending, shifting online

    Consumers’ intentions often differ materially from their behavior and retailers better hope that is the case this year or it won’t be a happy holiday, according to the latest consumer research from the National Retail Federation.

  • Holiday forecast: Cold temps, hot sales

    Favorable weather, an extra shopping day and new tech gadgets should attract more shoppers this holiday season, according to a new report.

    The U.S. Holiday 2015 Forecast from the FBIC Group says retailers should expect a happy holiday 2015 selling season, with combined spending in November and December to rise between 3% and 4% over 2014 levels to between $626 billion to $633 billion.

  • ShopperTrak: Holiday sales to rise 2.4%

    Price-conscious consumers looking for a good deal are expected to fuel a sales surge on Black Friday, but not enough to lift overall holiday sales higher than last year, according to ShopperTrak.

    The analytics firm predicts that Black Friday 2015 will surpass Black Friday 2014 due to the shopper who is motivated by sales and exhibits a growing tendency toward shopping earlier. In addition, an early Hanukkah, which begins 10 days sooner this year than last, will generate November sales at the expense of December.

  • Survey: Omnichannel consumers favor consistency

    Retailers operating across multiple channels need to ensure customer experience does not vary by touchpoint.

    According to a new survey of 1,000 consumers by customer experience management technology provider Sitecore and King Brown Partners, 80% of respondents agreed that offering consistent shopping experiences strongly impacts a retailer’s brand perception. Ninety percent of consumers would switch brands if the brand promises one thing and delivers another.

  • Infographic: Mobile is everywhere

    Mobile devices are becoming the norm for every facet of consumers’ lives, including shopping.

    According to a new infographic from membership-based retailer DirectBuy, 29% of U.S. adults describe their smartphone as something they can’t live without, 44% sleep with a smartphone by their bed to avoid missing notifications, and 67% check smartphones for notifications even without receiving some type of notification.

  • Amazon to New York Times: Get your facts straight

    An Amazon.com executive is publicly disputing an August 2015New York Timesarticle that painted an unflattering picture of the retailer’s corporate culture.

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