Best Buy

  1. Holiday & Events

Retailers Focus on Early Sales, Expanded Assortments to Win Holiday 2024

With the unofficial start to the holiday shopping season (Amazon’s Fall Prime Day Oct. 8 and 9) just around the corner, and consumer confidence wobbly at best, Amazon isn’t the only retailer hoping to capture some early holiday spending next month. Target, Walmart, Best Buy, Big Lots and Michaels all have announced plans for early […]
6 min read
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  1. Holiday & Events

The Weekly Closeout: Retailers gear up for the holidays, Figs opens second store

​[[{“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about.  From the U.S. Postal Service’s partnership with […]
5 min read
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  1. Shopper & Customer

Are we Wasting Time Mining Data for Customer Preferences? 

Analyzing customer data to predict future purchases can be hard. And it doesn’t help that most companies focus far too often on preference data to anticipate what customers will want next. Companies used to struggle to find the tools and techniques to engage customers and create personalized buying moments, but today most retailers can deploy […]
4 min read
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  1. Technology & Innovation

What Did I Miss?

We’re back, with our Season 9 premier episode. Next week we’ll return with our usual format of news of the week and fascinating interviews with the retail industry’s most remarkable executives and thought leaders. But having devoted our summer episodes to our special 6-part series on accelerating retail transformation, we’re taking the opportunity to unpack […]
2 min read
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  1. Data & Insights

Conversion Rates, Revenue, and CX

As Labor Day approaches, it’s the perfect time to reflect on last year’s performance to anticipate what we might expect this year. In this newsletter, we’ll dive into key insights on conversion rates, revenue trends, and traffic patterns in the furniture and mattress industries during the holiday weekend. Additionally, we’ll explore the latest challenges in […]
3 min read
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  1. Partnerships & Alt Profit

Yahoo Expands Commerce Media Reach with Planet Fitness Partnership, New Hire

Yahoo Demand-Side Platform (DSP) has announced two strategic partnerships to expand its reach in commerce media and hired retail media veteran Mike Merna as Senior Director, Commerce Media Specialist Lead. The new partnerships — with PF Media Network, the media arm of Planet Fitness, and Rippl, the data and media network of Bridg — will […]
2 min read
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  1. Data & Insights

Mobile Sales Surpass Desktop Purchases

As the shift to mobile shopping accelerates, e-commerce is poised to play a pivotal role in driving sales through the holiday season and beyond, with mobile devices expected to outpace desktop purchases for the first time. Join us as we explore the key trends that contributed to July’s retail sales growth and what lies ahead. […]
3 min read
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  1. Channel: Dollar/Value

Dollar General Expands Board with Kamy Scarlett Appointment

In a move that expands their leadership, Dollar General Corporation (NYSE: DG) has appointed Kamy Scarlett to its board of directors, bringing it to a total of 10 members. Scarlett is the senior executive vice president of human resources, corporate affairs, and Best Buy Canada at Best Buy Co., Inc. This type of background will […]
< 1 min read
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  1. Data & Insights

Best Buy Launches Real-Time Delivery Tracking for Large Product Orders

Best Buy has rolled out a new live delivery tracking feature for consumers who have purchased TVs, refrigerators, washers, dryers, and other large electronics and appliances. The new feature, which is accessible via the retailer’s ecommerce site and mobile app, is designed to give shoppers to-the-minute tracking details on their order’s progress, including a real-time […]
2 min read
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  1. Channel: Delivery

Michaels Expands Delivery Options via DoorDash and Uber Eats

Michaels will expand same-day delivery from its 1,200+ stores through new partnerships with DoorDash and Uber Eats. The arts and crafts retailer has offered same-day delivery via Instacart since April 2021. Additionally, Save a Lot now has 400 of its supermarkets live on the DoorDash Marketplace, offering deliveries in under one hour, on average. The […]
< 1 min read
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  1. Channel: Ecommerce & Digital

Prime Day Sales Top $14 Billion, with More Products Sold Than Ever Before

Amazon’s 10th annual Prime Day was its biggest ever, with record-breaking sales over the 48-hour member sales event and more items sold than on any previous Prime Day, according to the company. Helping to drive these banner results were millions of new Prime members worldwide, with a record-breaking number of customers signing up for Prime […]
4 min read
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  1. Retailer Media

Need to Know: What are retail media networks, and why is everybody talking about them?

If you search for a waffle weave blanket on Amazon, summer styles at Target or a dishwasher at Best Buy, there’s a good chance that the first search results you’ll see will be sponsored ads. You might also get a promotional banner at the top of the page and a nicely branded video after a […]
4 min read
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Ranked: The Fastest Shrinking Jobs in the U.S. (2023-2033F)

See this visualization first on the Voronoi app. Use This Visualization Ranked: Occupations With the Most Projected Job Cuts This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. As the economy shifts, the employment landscape changes. […]
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Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting

Adobe expects U.S. online sales to hit a record $240.8 billion this holiday shopping season (covering the period from Nov. 1 to Dec. 31), representing 8.4% growth year-over-year. Shopping on mobile devices also is expected to hit a new milestone, growing 12.8% YoY to contribute a record $128.1 billion, which would represent a 53.2% share of online spend this season […]
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Future of Marketing: Part One

Today, we’re kicking off a special two-part series answering your questions about all things marketing.  Scott puts on his professor hat and answers your questions surrounding common marketing misconceptions, the power of community-driven marketing, and what the future holds for the industry.  Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy “The […]
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Charted: Maxed-Out Credit Cards by Generation

See this visualization first on the Voronoi app. Use This Visualization Credit Card Utilization By Generation This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In the first quarter of 2024, the nationwide aggregate credit card […]
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