A weekly podcast with the latest e-commerce news and events. Episode 285 is a deep dive into the data from 2021 and holiday 2021. Subscribe: Apple Podcasts Google Podcasts Spotify Stitcher Podcast RSS SoundCloud TuneIn iHeartRadio Google Play Music Overcast Pocket Casts Facebook ????? The US Dept of Commerce December Advanced Retail Sales Data is […]
RTIH Editor, Scott Thompson, brings you his top ‘future of retail systems’ deployments from the past week, including augmented reality vouchers, livestream shopping, and Amazon opening its first ever physical fashion store. M·A·C Cosmetics Beauty and fashion tech solutions provider, Perfect Corp., has partnered with M·A·C Cosmetics, and online product sampling platform, SoPost, for a […]
UK shoppers’ interest in sustainable fashion has risen significantly, but half of them still find the idea confusing, according to a new study by Leather UK. The research revealed that… The post UK consumers want to shop more sustainably, but find it ‘confusing’ appeared first on Latest Retail Technology News From Across The Globe – […]
CNBC reports that Amazon plans to open its first bricks-and-mortar clothing store, with customers using their smartphones to choose items and communicate with staffers in a way that the company hopes will alleviate some of the “pain points” inherent in such shopping trips. The Amazon Style store is slated to open in The Americana at […]
Amazon.com is opening Amazon Style, a 30,000-square-foot store in Los Angeles. The store is Amazon’s latest entry merging its digital and physical operations. “Customers enjoy doing a mix of online and in-store shopping. And that’s no different in fashion,” said Simoina Vasen, the managing director of Amazon Style. “There’s so many great brands and designers, […]
Primark will launch its new website by the end of March, in a major move for the retailer. The new site will be non-transactional, allowing customers to see what clothes… The post Primark to launch much-anticipated new website by end of March appeared first on Latest Retail Technology News From Across The Globe – Charged.
In our last data study, Momentum Commerce showed that Amazon Private Label products captured a growing share of both Best Seller and Amazon’s Choice badges across the most popular search terms on the retail site during Cyber Week. Most remarkably across those same top 1,000 search terms, the share of Amazon’s Choice badges going to […]
MINNEAPOLIS — Target’s stunning financial success in recent years is the fruit of several inspired strategic decisions, including executing a thoughtfully curated merchandising assortment that spans categories and has been paramount to the evolving consumer needs over the past year. Jill Sando, a 24-year company veteran and now chief merchandising officer, has played a central […]
Ralph Lauren CEO Patrice Louvet said that younger consumers are moving into the metaverse and his company is going there with them. “One of our strategies is to win over a new generation and the new generation is there. So we have to be there,” he said. “There are a lot of parallels actually between […]
PURCHASE, N.Y. — Retail sales (excluding automotive) increased 8.5% year over year this holiday season, according to Mastercard SpendingPulse. Online sales grew 11% compared to the same period last year, the preliminary insights show. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, defines the holiday season as running from […]
Running a retail business is all about getting customers through the door. You need to do what you can to get more eyes on your brand and encourage people to make purchases. And the same applies whether you own a physical store or an e-commerce website, although the strategies involved may be different. In order […]
ASOS has released its first-ever economic impact report, suggesting that the fast-fashion giant is expected to boost the UK economy by £3.8bn and support an additional 25,000 jobs within the… The post ASOS reveals impact on UK economy with expected £3.8bn boost appeared first on Latest Retail Technology News From Across The Globe – Charged.
WASHINGTON – Retail sales for the 2021 holiday season totaled $886.7 billion, up 14.1% over 2020 and easily beating the National Retail Federation’s forecast, the retail trade group said on Friday. That number, which includes $218.9 billion in online and other non-store sales (up 11.3%) but excludes sales at automobile dealers, gasoline stations and restaurants, […]
Fast-fashion giant Boohoo has handed shares worth £3,600 each to almost 5,000 of its employees, including its chief financial officer Neil Catto and chief executive officer John Lyttle. The online… The post Boohoo gifts employees shares worth £3,600 each appeared first on Latest Retail Technology News From Across The Globe – Charged.
Asos has announced it plans to move to the main market of the London Stock Exchange (LSE) following 20 years on Aim, prompting shares to leap. The clothing etailer floated… The post Asos plans to move to main London Stock Exchange market following 20 years on Aim appeared first on Latest Retail Technology News From Across […]
Historical numbers could vary slightly due to methodology updates. Cited accelerations and decelerations could differ slightly due to rounding. Earnest Research Spend Index growth decelerated from November as online spend fell below year ago levels for the first time since the pandemic began. Fashion Resale, Footwear, Mid-Tier Departments Stores, and Off-Price Department Stores YoY growth […]
The pace of digital acceleration catalyzed by the COVID-19 pandemic has fundamentally changed commerce, and it isn’t slowing. Gone are the days when the customer journey is a straightforward and linear path. Customer needs have evolved, and new buying behaviors are strikingly apparent—while convenience may still be king, sustainability is no longer a customer demand […]
Also: Wendy’s celebrates ‘National Roast Day’ on Twitter, Barbie releases Ida B. Wells doll for MLK Day, and more. Hello, communicators: Wendy’s celebrated National Roast Day on Wednesday, Jan. 12. The holiday was created by the brand in 2018 to roast, or crack good-natured jokes, about fans and other brand accounts on Twitter: It’s #NationalRoastDayDrop […]
Starting an e-commerce business on one of the large marketplaces, for example, Shopify, can be an easy process, but what the team at Swell began to notice was that the model could only take a business so far. Swell is working in “headless” commerce, which means it is disconnecting the front end of a website, […]
As part of The Crown Estate, Regent Street in Mayfair and Soho, London features classical and historic architecture with a promenade curving around from Piccadilly to Oxford Street. Connecting theatre and restaurant areas, it is home to local and international brands showcasing world renowned labels specialising in beauty, fashion and lifestyle. The Christmas spirit in […]
Converting store visits to spending was the key to 2021 holiday retail performance during a season marked by earlier shopping and fewer discounts than ever before. Target stood out among its big-box peers–converting double digit YoY visit growth to higher in-store spend, while also topping online sales growth. Walmart* was less successful at converting YoY […]