Eastern Mountain Sports Parent Company Files for Bankruptcy
Eastern Outfitters, parent company of the Eastern Mountain Sports and Bob’s Stores chains, has filed for Chapter 11 protection. See what this will mean for its brands going forward.
Ecommerce
Cater to Buying Trends to Boost Valentine’s Day Sales
Valentine’s Day has become big business for retailers and continues to grow. In 2016, the National Retail Federation reported spending to reach $19.7 billion. Consumers were set to spend, on average, $146 each on gifts for significant others, family and friends. Here are some tips that can help you focus your efforts when attracting consumers to your Valentine’s Day offerings.
Top 5 Ecommerce Markets in the World
Estimated at more than 3,500 billion by 2019, ecommerce is led by China, the United States, the UK, Japan and France. This infographic by Lengow offers a deep dive look at each market in terms of shoppers, social media and more.
Cross-Border Ecommerce Growing at 25% Per Year
The gross merchandise value (GMV) of cross-border ecommerce is expected to grow at a healthy 25% per year through 2020, about twice the rate of the domestic market, according to a new report from DHL Express. The report also found that 20% of cross-border purchases were worth more than $200, again higher than domestic ecommerce. See what else the study found, including merchandise categories that are poised to grow.
The Arrival of Virtual Reality
Virtual reality isn’t just something you see in movies anymore, it’s changing the face of the way people are shopping and how the retailer is providing an optimal shopping experience. Here is how the arrival of virtual reality could change everything.
How Retailers Can Sweeten their Sales this Valentine’s Day
Valentine’s Day is just around the corner and this year 79% of shoppers will complete their sales on smartphone devices. Here is a deep dive look at ways retailers can use smartphone devices to their advantage.
6 Ways to Leverage Your Payments Data this Valentine’s Day
With Valentine’s Day just around the corner, retailers are looking to their data to ensure its success. Here is how retailers are using the data they’re collecting and why it’s important for this love-filled holiday.
Mobile Is One of the Top Initiatives for Retailers in 2017
In 2017, retailers will focus on several key areas in an effort to boost the customer experience.This includes mobile, marketing, site merchandising and omnichannel efforts. See why retailers are making this shift this year and what it could mean for retail.
Cyber Monday In July: A Guide to Leveraging Seasonal & Event Trends
Cyber Monday is one of the biggest online shopping days of the year, this holiday sits on a convergence of a series of trends- it’s the holiday season, stores offer low prices and companies release a lot of new products. However, shopping days as big as this does not need to only be during the holiday season. Retailers can have big sales throughout the year by taking advantage of several other trends they may not have thought of. Here is a list of events and trends you may want to think about to keep customers coming back long after the traditional holiday season.
3 Ways to Drive the Retail Customer Experience
When shopping for a product, the price and quality of an item are often key differentiators for consumers. In today’s digital world, however, the customer experience is equally, if not more, important. Here are three ways retailers can drive the customer experience.