News

Four Retailers to Watch in 2015
A number of retailers saw changes at the top this past year. Here are the ones I found the most interesting:

Abercrombie & Fitch: The abrupt departure of longtime chief Michael Jeffries presents the former teen powerhouse with an opportunity to bring in a badly needed breath of fresh air.

In his day, no one could touch Jeffries, whose transformation of Abercrombie into a cool, exclusive club is a textbook example of brilliant, holistic retail branding. But Jeffries failed to keep up with the changing times. He seemed blind to the recession.
Dunkin’ Donuts runs New Year’s Twitter sweepstakes
Canton, Mass. - Dunkin' Donuts has launched a special New Year's Twitter sweepstakes. Beginning Dec. 29 and continuing through Wednesday, Dec. 31, followers of @DunkinDonuts will be asked a New Year's themed-question each day. Consumers who tweet an answer using the special hashtag #DDNewYearSweeps will be entered to win one of three daily prizes of Dunkin' Donuts coffee for a year. In addition, each day 15 participants will be randomly selected to receive a $100 mobile gift prize.

Study: Apple, Dell, Nordstrom and Zappos tops in holiday delivery

New York – When it came to fulfilling holiday deliveries, Apple, Dell, Nordstrom and Zappos stood out among other major competitors. According to research from StellaService, all four provided an aggressive guarantee that orders placed by Dec. 23 would be delivered by Christmas and managed to meet that promise in all regions of the U.S.
Walgreens shareholders approve Alliance Boots transaction

Deerfield, Ill. - At a special meeting of shareholders held Monday, Walgreens shareholders voted to approve all proposals related to the company’s acquisition of the remaining 55% of Alliance Boots GmbH that it does not currently own and the reorganization of the company into a holding company structure.
TechBytes: Top Three Disruptive Retail Technologies of 2014

As 2014 draws to a close, it’s time to look back on another year of technological disruption in retail. While many solutions, applications and tools played a role in changing how retailers use technology in their business, three developments in particular stood out. Two of them did not actually launch in 2014, but this was the year they truly achieved their disruptive potential. So read on, and have a happy, prosperous and innovative New Year! ApplePay
Verizon: Dec. 26 has highest online traffic of holiday season

New York - The day after Christmas (Dec. 26) posted the highest traffic for online shopping, with 125 points, since the 2014 holiday shopping season began. According to Verizon Retail Index data, year-over-year, traffic attributed to online shopping was on par (125) with the same day in 2013.
Survey: Eight in 10 consumers will shop post-holiday sales

Austin, Texas – Consumers who didn’t get what they wanted for the holidays are taking matters into their own hands. According to new research from digital deals site RetailMeNot, 81% of consumers plan to shop end-of-year sales. Of these shoppers taking advantage of post-holiday savings, more than half (63%) plan to shop for themselves. Millennials are especially interested in after-Christmas sales, as 92% of respondents 18 to 34 years old said they plan to shop during this time.
Wal-Mart launches online gift card exchange

Bentonville, Ark. – Wal-Mart is offering an online gift card exchange called CardCash.com that will offer consumers up to 97% of the face value of another retailer’s gift card in the form of a Wal-Mart e-gift card. The retailer has set up a site where customers can enter the card number, PIN and some basic personal information so it can verify card balance before making an offer.
Amazon has a very mobile holiday

Seattle – It was a very mobile holiday season for Amazon.com. Nearly 60% of Amazon.com customers shopped using a mobile device this holiday. Mobile shopping accelerated as customers got later into the shopping season. Cyber Monday continues to be Amazon.com’s peak mobile shopping day. On Cyber Monday, Amazon customers worldwide ordered more than 18 toys per second from a mobile device.
Sears ecommerce chief resigns

Hoffman Estates, Ill. – Imran Joona, executive VP of online, marketing, pricing and financial services at Sears Holding Corp., is leaving the company. In a filing with the Securities and Exchange Commission (SEC), Sears said Joona resigned Dec, 17 and will leave in February 2015 to pursue a new opportunity.
IBM: Mobile consumers boosts online Christmas sales

New York - Christmas Day saw both strong online and mobile sales. Key Christmas Day trends reported by the IBM Digital Analytics Benchmark include an 8.3% year-over-year increase in online sales. In addition, mobile traffic accounted for 57.1% of all online traffic on Christmas Day, an increase of 18.6% from the prior year. Mobile sales accounted for 34.8% of all online sales on Christmas Day, an increase of 20.4% year-over-year.
Initial holiday results: Women’s apparel, jewelry and dining strong; electronics weak

New York - Retail sales in the United States increased 5.5% from the day after Thanksgiving through Christmas Eve, fueled by demand for women's apparel, jewelry and dining out, according to MastyerCard Advisors. Spending Pulse holiday report. Consumer electronics, which many industry analysts had predicted would be among the strongest categories this holiday season, was actually among the weakest, according to the report, with sales "basically flat" from Black Friday to Dec. 24 and in negative territory starting on Nov. 1.