
E-Commerce

It doesn’t 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 — i.e., Thanksgiving weekend. And we know why: This year, total holiday sales are estimated to be about $630.5 billion. Generally, holiday sales…
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, doormats…
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 all…
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 — 75 percent of the 99 million shopped on Black Friday, up 3.4 percent from last…
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-dollar…
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 Federation’s Cyber Monday Expectations Survey, conducted by Prosper Insights & Analytics over the weekend. More than 28 million people, or 23 percent of Cyber Monday shoppers, plan…
U.S. consumers hit their mobile devices and laptops to shop on Thanksgiving Day, racking up sales of over $1.15 billion. That online sales tally marked a 13.6 percent increase over last year’s holiday, according to data from Adobe Systems, which analyzed data from 21 billion visits to retail websites. Of that $1.15 billion, a record…
With Black Friday in two days, the holiday season fast approaching and e-commerce exploding around the globe, opportunities for small-to-medium businesses (SMBs) in the retail industry are skyrocketing — and the rules of the game are changing. Cloud-based e-commerce and enterprise resource planning (ERP) applications are lowering the barrier to entry, while mobile technology is…
Hudson's Bay Company (HBC) prides itself on being a global, all-channel retailer, featuring diverse brands such as Hudson's Bay, Saks Fifth Avenue, Lord & Taylor, Gilt and others. CEO Jerry Storch says it's not his company's job to choose how its customers want to shop, but rather be there for them wherever, whenever and however they…
Fifty-nine percent of Americans — an estimated 137.4 million people — are planning to or considering shopping during Thanksgiving weekend, according to the annual survey released yesterday by the National Retail Federation and Prosper Insights & Analytics. The numbers, which cover Thanksgiving Day, Black Friday and Small Business Saturday plus Sunday, include both in-store and…