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E-Commerce
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To some observers, e-commerce startup Jet.com was taking a gamble when it made the decision to double the size of its headquarters in Hoboken, N.J., and commit to a distribution facility the size of more than 12 football fields in southern New Jersey. However, experts agree that betting on the growth of e-commerce is a sureโฆ
The new โView in Roomโ feature on the Wayfair mobile app allows shoppers to see how furniture and home dรฉcor will look in any room before they purchase it. Similar to trying on clothes in a dressing room, Wayfair now allows app users to โtry onโ products via a smartphone camera. By clicking the Viewโฆ
Mondelez International Inc., trying to adapt as more shoppers buy food outside of traditional grocery stores, is diving deeper into online retail with the launch of a holiday-season website that's selling tins of Oreos directly to consumers. The 2016 holiday website, which sells Oreo tins for $19.99, lets customers send cookies to friends using only aโฆ
Retailers are more aware than ever of the power of rich, impactful digital experiences. More than 50 percent of in-store sales were influenced by digital channels in 2015, and that number will just continue to grow as customers expect fresh and interactive content. In a recent Demandware and L2 report, industry experts explored four strategiesโฆ
It doesnโt take a genius to know that the holiday season is the Super Bowl of retail. Retailers plan for months, evaluating the competition, sweating the details, and getting ready for kickoff โ i.e., Thanksgiving weekend. And we know why: This year, total holiday sales are estimated to be about $630.5 billion. Generally, holiday salesโฆ
To help it expand into the sale of personalized goods, Bed Bath & Beyond has acquired online retailer PersonalizationMall.com for around $190 million. Bed Bath & Beyond sees an opportunity to sell items to commemorate events like weddings, birthdays and holidays, and this acquisition figures to help with those efforts. PMall.com sells products such as personalized mugs, doormatsโฆ
Cyber Monday saw $3.39 billion in online sales in the U.S., surging past the previous record of $3.34 billion spent on Black Friday just three days earlier. Sales were up 10.2 percent compared to Cyber Monday a year earlier. Both figures come from Adobe, which said it tracked 23 billion anonymised visits to retail websites, covering 80 percent of allโฆ
According to the National Retail Federation, 99.1 million people said they shopped in stores this past holiday weekend, which is down 3 million from last year. Of the four-day weekend, Black Friday was the most popular day to go shopping โ 75 percent of the 99 million shopped on Black Friday, up 3.4 percent from lastโฆ
Adobe today released its 2016 online shopping data for Black Friday and Thanksgiving Day. More than $5 billion ($5.27 billion) was spent online by the end of Black Friday, a 17.7 percent increase year-over-year, according to data released by Adobe Digital Insights over the weekend. The $5.27 billion set a new record by surpassing the three-billion-dollarโฆ
More than 122 million Americans plan to shop online today, Cyber Monday, up from the 121 million who planned to participate last year, according to the National Retail Federationโs Cyber Monday Expectations Survey, conducted by Prosper Insights & Analytics over the weekend. More than 28 million people, or 23 percent of Cyber Monday shoppers, planโฆ