Tag: retail statistics


Benefits of Body Cameras in Retail

Benefits of Body Cameras in Retail

One wonders if civil disturbances across the United States during the summer of 2016 following shootings of unarmed suspects by law enforcement officers would have escalated the way they did if the police had used and released body-worn camera evidence, rather than allowing a vacuum to develop in which smartphone   Read More


Target Likely to Join Mobile Payments Market

Target Likely to Join Mobile Payments Market

Target may become the next entrant in the mobile wallet market, facing competition from the likes of Apple, Google, Samsung, and more recently, Walmart. In December, sources close to Target disclosed that the retailer’s new payment system is likely in the early stages of development. No launch date has been   Read More


E-Commerce Channel Sales of Counterfeit Goods Increase Significantly

E-Commerce Channel Sales of Counterfeit Goods Increase Significantly

A recent report by London-based Internet brand protection specialist NetNames contends that counterfeiting is becoming a huge problem due to online commerce. In 2014, online e-commerce channel sales of counterfeit goods jumped 15.6 percent. However, only one in 28 purchasers of counterfeit items did so intentionally.

The report points to China   Read More


GameStop to Buck Retail Trend by Closing for Thanksgiving

GameStop to Buck Retail Trend by Closing for Thanksgiving

Video game retailer GameStop recently announced that their doors would remain closed on Thanksgiving Day in 2015. The decision is an attempt to reverse a retail trend in recent years known as the ‘Black Friday creep,’ in which stores would open earlier and earlier on Black Friday (the biggest shopping   Read More


Retail Industry Trends: American Apparel Bankruptcy

Retail Industry Trends: American Apparel Bankruptcy

LA-based retailer American Apparel filed for Chapter 11 bankruptcy protection on October 5, after recent struggles with lawsuits and escalating debt. Revenue has declined for four quarters in a row, and and net losses have exceeded $340 million over the past five years.

Ongoing retail industry trends could make it difficult   Read More


Retailer Cuts 500 Retail Jobs, Including LP Managers

Luxury retailer Neiman Marcus laid off 500 corporate and support staff late last week, eliminating the retail jobs of about 3 percent of its workforce of 16,000, as it tries to cut costs to pay for new stores and acquisitions. The employee cutbacks will affect retail jobs across all stores,   Read More