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  • Study – Restaurant revenue drops post-Thanksgiving

    San Francisco – In the last several years, restaurant revenue declined 22 to 45% during the post-Thanksgiving holiday period. According to a study across quick-serve, fast casual, and fine dining chains by customer engagement solutions provider Thanx Media Inc., the average restaurant experienced a 27% revenue decline in December, as compared to that year's monthly average.   

  • Survey – More than half of holiday shoppers finish last-minute

    Austin, Texas - More than half (56%) of Christmas shoppers surveyed typically have gifts left to purchase by the time "Panic Saturday,” the last Saturday to shop for holiday gifts before Christmas (also referred to as "Super Saturday"), rolls around. According to a new consumer survey from digital offers site RetailMeNot, nearly one in 5 (18%) Christmas shoppers surveyed admit that they've actually waited until the Saturday before Christmas to begin shopping for presents.  

  • Canada Post – Cyber Week deliveries rise

    Ottawa, Canada – The U.S. retail tradition of ‘Cyber Week’ is spreading north. New data based on parcel volumes compiled by Canadian mail service Canada Post show that e-commerce shipments as a result of Cyber Week this year have doubled since 2012.  

  • Marketplaces outstrip digital growth in November

    Online sales at third party marketplaces grew faster than the overall industry, according to cloud-based e-commerce solutions provider ChannelAdvisor.

    The digital measurement firm reports that November was a mixed month for e-commerce channels. But Amazon, Google Shopping and Other 3PMs (third party marketplaces) grew materially faster than the 16% e-commerce baseline growth rate comScore had predicted.

    Specifically, ChannelAdvisor reports:

  • Study – Retail sector to add 30,000 jobs by end of year

    San Leandro, Calif. - The U.S. retail sector will add nearly 30,000 jobs through the end of December as the country heads into a strong holiday shopping season. According to a study from HR services provider TriNet, recent job growth in the U.S. retail sector is built on positive consumer confidence, increasing retail spending, and positive job market outlook.   

  • A contrarian view on the future of malls

    Think young shoppers want to buy everything online? New research from Teen Vogue suggests otherwise.

    Teen Vogue asked its millennial readers about their holiday shopping habits and findings related to all manner behaviors throw cold water on the notion that malls are dead or dying.

  • Fitch Ratings: RadioShack’s cost-cutting not likely to prevent debt restructruing

    NEW YORK--(BUSINESS WIRE)--Fitch Ratings believes that the massive cost cutting plan outlined today by RadioShack is likely not sufficient to forestall a restructuring of the company's debt in the near term. Fitch currently rates RadioShack Corporation's (RadioShack) Long-term Issuer Default Rating (IDR) 'C'. A full list of ratings is shown below.  

  • Study – Indian e-commerce market to reach $51 billion by 2017

    Washington, D.C. – The recent spate of investments in Indian e-commerce ventures appear to be based on solid expectations. According to a new report from MarketResearch.com, the e-commerce market in India will reach $51 billion by 2017, growing at a CAGR (compound annual growth rate) of 43% during 2012-2017.  
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