What labor of love? This Valentine's Day couples are once again eager to shower their loved ones with special gifts. According to a recent NRF survey, the average person will shell out $116.21 on traditional Valentine's Day merchandise this year, up 11 percent pver last year's $103.00.
As China stays on course to become the globe's largest economy, China's traditional New Year celebration, also called the Lunar New Year or Spring Festival, looms as a key gauge of Chinese spending habits and the health of its economy — just as the Christmas holiday season takes the U.S. spending pulse.
It's a familiar and widely acknowledged fact that large retail chains, shopping centers and casinos design their floor layouts to intentionally try and guide consumers along a somewhat confusing path in order to keep them away from the exit and get them to see as much of their merchandise as possible
The definition of a grocery store has dramatically changed in recent years, especially with large retailers such as Wal-Mart and Target now a part of the mix.
Football fans have had the date circled for months now, and with Super Bowl Sunday fast approaching, more people than ever will celebrate the big game. According to a new survey by the Retail Advertising and Marketing Association, conducted by BIGresearch, the average consumer is expected to spend $59.33 on game-related merchandise, apparel and snacks, up from $52.63 last year. Total Super Bowl spending is expected to reach $10.1 billion.
Apple's brick-and-mortar stores continue to show astounding growth. Retail revenue nearly doubled in last year's fourth quarter compared to the same period the previous year, and the number of store visitors climbed 49 percent to 75.7 million.
With more big-box retailers and department store chains such as Sears launching commerce-enabled applications for Apple's iPad and other tablets, merchants must position their offerings to differentiate from competitors.
Using a multi-store e-commerce strategy can significantly increase customer acquisition, loyalty and conversion rates. Leading online retailers are currently benefiting from an effective multi-store ecommerce strategy, now is the time to learn how.
Wounded by a slump that continues to batter department stores despite a recent surge in sales at other retailers, many large U.S. chains are putting stores within their stores. All are drawn to the idea that partnering with specialized retailers and manufacturers can help them fill holes in their product offerings and help them profit from hot trends more quickly.
Rue LaLa CEO Ben Fischman discusses the future of retail from the National Retail Federation's BIG Show in New York City.