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Omnichannel

  • Study: E-commerce keeps growing

    The retail revolution may not be televised, but it will be digitized.

    The new Q3 E-commerce Pulse from predictive analytics platform provider Custora shows that e-commerce revenue grew a healthy 11.8% year-over-year in third quarter 2015. E-commerce transactions rose an almost identical 11.6%.

    Mobile continued to grow in significance as a channel for e-commerce in the quarter. Phones and tablets made up a combined 28.7% of e-commerce transactions, up from 23.1% of orders during the same time the prior year.

  • Report: ModCloth ditches 'plus size' designation

    Online fashion retailer ModCloth removed the “plus size” section from its site, opting to mix the items in with its regularly-sized items for a more “inclusive” shopping experience, Today.com reported. Company co-founder Susan Gregg Koger said, “as we think about a potentially permanent shop, we know we're not going to have a separate plus-size section.”

  • Study: Millennials don’t want plastic

    Physical credit cards may be going the way of DVDs and floppy disks.

    According to new analysis from Bankrate.com cited by PayPal, 63% of millennials do not have a credit card. However, that does not mean they are abandoning credit-based purchases.

    Millennials are now the fastest growing segment of PayPal Credit shoppers, rising to 33% of the total in 2015 up from 28% in 2013. Rather than shunning credit altogether, this influential group is turning to alternative credit services to help manage their finances.

  • French retailer ready for U.S. pillow fight

    There’s an artsy home linens player in town, and comes complete with a French accent.

    French home décor and lifestyle brand Madura, best known for its artful and colorful decorative pillows, has opened a flagship in New York City’s Flatiron neighborhood. It’s the opening salvo in the family-run company’s expansion efforts in the United States.

  • Aeropostale finds new way to make money

    Aeropostale believes its brand is strong enough that shoppers at other retail outlets will want to buy licensed products bearing its name.

    The teen specialty retailer and operator of roughly 800 stores signed a domestic licensing agreement for home textiles with Himatsingka America. Terms of the deal call for Himatsingka to design, manufacture and distribute bedding and bath linens using the Aeropostale label for department stores, big-box retailers and wholesale channels across North America.

  • Chip and PIN gains influential supporter

    The National Retail Federation and the Retail Industry Leaders Association are aligned with the nation’s top law enforcement agency in an effort to ensure consumers have access to the most secure payment methods.

    The FBI has released an official advisory warning consumers that EMV-compliant cards are still vulnerable to fraud and PIN authentication is the best means to prevent personal data theft. According to the FBI. EMV cards can still be counterfeited with stolen card data obtained on the black market.

  • Bluemercury’s search for exceptionalism

    Sephora and Ulta are successful retailers in their own right, but Bluemercury founder Barry Beck wants to chart a different growth path for the company Macy’s acquired earlier this year.

    When Macy’s announced in February it was buying beauty retailer Bluemercury, a lot of watchers wondered what the little-known niche retailer could offer the nation’s second largest department store chain. The answer to that question lies in something the founder of Bluemercury calls “exceptionalism.”

  • RetailNext: September sales disappoint, but mall traffic improving

    Brick-and-mortar sales metrics were below expectations in September, but not all was lost.

    According to the September 2015 Retail Performance Pulse report from brick-and-mortar analytics firm RetailNext Inc., traffic declined at the lowest rate since January of this year.

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