For the first time ever, there's not a single empty storefront in the Mall of America in Minnesota. The mall is big enough to fit the equivalent of seven Yankee stadiums, and every shelf is taken this holiday season.
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Online retailers believe free shipping is one of the most effective sales promotions they can offer during the holidays, as a recent survey indicated, and when Walmart announced a free-shipping holiday promotion this week, the media and consumers took notice. With Walmart's new promotion, there's no annual fee as there is for some shipping programs, such as Amazon.com's Prime or Sears' ShipVantage program, and there's no minimum spend as many retailers require in their promotions. However, Walmart's promotion is limited to 60,000 items in key categories. Retailers have seen how effective Amazon's Prime shipping program has been, and many
Target is focused on helping customers “find, learn and buy,” and has taken 2010 to remodel its strategy, stores and messaging.
Richfield, Minn.-based Best Buy Co. Inc. announced plans to pilot a new, technology-centric concept at stores in Las Vegas, Pittsburgh and select shops in New Mexico, according to the Las Vegas Review-Journal. The company hopes that the redesign will bring customers closer to the technology it sells. "There's so much potential in all the devices, and people don't really understand all the possibilities," said Carolyn Aberman, senior public relations manager for Best Buy. Inside the remodeled stores, consumers will be met by a runway that travels up the center of the store. The strip will house three tables that
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DDI has been heralding the latest retail store design ideas since 1988 and has become a trusted source for all things retail. When DDI first appeared 20 years ago, the market was right for a magazine that focused on the retail environment. DDI has grown to become the retail design resource for store design concepts and a trusted guide to retail design ideas. DDI carefully chronicles the changes and focuses on the things that generate a buzz the world over in the retail industry.
Recent trends around social media as a platform for gift card sales suggest that Facebook will likely become a huge trafficker of gift cards in the coming years.
By offering totally free shipping for online purchases during the holidays, Walmart Stores Inc. has unveiled a strategy in the battle for e-commerce business that may become a standard for large retailers.
Market researcher comScore reports that e-commerce retail sales grew 9 percent to $32.13 billion last quarter, led by books and magazine purchases.