Skip to main content

TECHNOLOGY

  • Change in weather bodes well for retail sales

    Winter is coming — and not just to “Game of Thrones.”     A blast of cold air will move from the West Coast and across North America next week (Dec. 5-11), fueling demand for outerwear, gloves, hats, sweaters, heaters, and blankets, according to weather analytics company Planalytics.  
  • Amazon rolls out a truck for shipping data

    It’s not a joke.   Amazon Web Services has announced a new service, called AWS Snowmobile, designed to physically get all of the data stored in a company's massive data center into Amazon's cloud, Business Insider reported.     
  • The retailer with the best customer satisfaction survey is …

    When it comes to customer satisfaction surveys, a convenience store is at the top of the class.    That’s according to a study by Interaction Metrics which finds that retailers are wasting customers’ time — and their own — by conducting critically flawed satisfaction surveys.  
  • Cyber Monday brings in record haul

    Cyber Monday has made history — again.   With shoppers spending $3.45 billion online on Cyber Monday, Nov. 28, a 12.1% jump year-over-year, sales not only surpassed predictions, but made this the largest Cyber Monday shopping event to date, according to Adobe Digital Insights, which aggregated data from 23 billion visits to retail websites.  
  • Survey: Sales, coupons still biggest holiday sales drivers

    It still comes down to price.    Despite more modern approaches, 89% of consumers said that deep discounts (including coupons) are the key determinant of what stores they will visit for holiday shopping this year, according to a survey of millennial and Generation Z consumers conducted by HRC Retail Advisory.    In addition to finding that sales and coupons are more influential than any other tactic in motivating consumers to enter stores this holiday season, the survey also revealed: 
  • Black Friday: Top Five Takeaways

      The Fung Global Retail & Technology team visited 35 stores throughout the Greater New York City area and Las Vegas on Black Friday for a first-hand view on traffic and sales.  Here are their top five takeaways from their store visits:  Cyber Monday Starts Early for Walmart:  Walmart kicked off its Cyber Monday deals at 12:01am EST on Friday for the first time ever, as it aims to grab customers ahead of its competitors. Last year, the company posted its Cyber Monday deals on the Sunday evening following Thanksgiving.
  • Express adds Snapchat holiday cheer

    To help its shoppers get in the holiday shopping spirit, Express is launching exclusive holiday Snapchat filters.   To celebrate the biggest shopping day of the year, Express will roll out a series of five Black Friday and holiday-themed national Snapchat filters throughout the day on Black Friday, Nov. 25. The Express-sponsored filters include "It Runs in the Fam," "But First Coffee," "Black Friday Beast Mode," "Leftovers are Lit," and "The Party Starts Now.”  
  • Beauty retailer outperforming all others in social media run up to Black Friday

    With the Black Friday weekend nearly here, there are clear winners when it comes to social media engagement.   At the head of the class is Sephora, with 2.4 million consumer interactions (reactions, comments, shares, retweets, favorites) across Facebook, Twitter and Instagram. Sephora’s top status is being driven by its success on Instagram, a site that reveals high consumer enthusiasm for the retailer’s offerings of makeup box sets and key brands, such as Bite Beauty and Urban Decay, as well as its own collection.
X
This ad will auto-close in 10 seconds