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Thanksgiving Day became a $1 billion ecommerce sales day. Actual sales came in at $1.062 billion, according to the Adobe analysis based on 180 million visits to more than 1,000 U.S. retail websites.
Thanksgiving Day ecommerce sales were up 19.7% over the same period in 2012, according to the online sales trends compiled for the IBM Digital Analytics Benchmark. Sales were moderate, and then boomed around the same time retailers opened their doors Thanksgiving night.
I may butcher the old saying, but here it goes: You are what you are when no one is looking. [CLICK HERE for Multichannel Merchant's Cyber Weekend 2013 coverage] So when you do something stupid at a retail store on Thanksgiving night or Black Friday morning, everyone knows it. By 8 a.m. EST on Black […]
Less than 7 weeks after Jo.s A. Bank looked to acquire troubled apparel merchant Men’s Wearhouse, Men’s Wearhouse made an offer Tuesday to acquire Jos. A. Bank for $1.2 billion.
One look at your own Facebook news feed, Twitter feed, etc. will confirm what the polls are saying. Consumers don’t want stores open on Thanksgiving Day. Consumers believe retail store employees deserve Thanksgiving Day off to spend with their families. [CLICK HERE for Multichannel Merchant's Cyber Weekend 2013 coverage] But if you’re dead-set against shopping […]
Like it or not, retail stores will open their doors on Thanksgiving Day (or Thanksgiving Night) so mobs of consumers can get great deals on flat panel televisions, iPads, toys, apparel and more. Here’s why bricks-and-mortar feels the need to compete with ecommerce.
Walmart Stores Inc’s board of directors has elected company veteran Doug McMillon to succeed Mike Duke as president and chief executive officer, effective Feb. 1. McMillon was also elected to the company’s board of directors effective immediately.
The Multichannel Merchant editorial staff will be working through Thanksgiving weekend to bring you the latest Cyber Weekend news, features and opinions you need. Click here to get them by email.
Kmart and JCPenney tweeted off in a battle of wits, holiday hashtags and, well, pants and this cute and possibly un-staged merchant match-up. It was fun, and deserved the slow-clap, until Wrangler chimed in.
UPS Ground, Air and International, and Air Freight rates within and between the U.S., Canada, and Puerto Rico will increase an average net of 4.9%, UPS announced Nov. 21.