Tag: retail statistics
US Retail Sales Remain Healthy Despite Bankruptcies and Continued Store Closings
Storm clouds continue to loom over many US retailers in 2020. But all is far from lost for the retail industry in general. It’s changing and evolving to meet consumer’s demands and working hard to make the shopping experience simpler, more relevant, and more enjoyable. Here are the latest statistics.
How a Strict Retail Return Policy Can Decrease Revenue and Return Rates
Merchandise return transactions are a critical part of the customer experience of the retail industry. The objective is an optimal return rate, where the...
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...
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....
Amazon, Other Major Players in Retail Industry to Hire Huge Numbers of Seasonal Associates
Amazon.com Inc. recently announced that they intend to hire 100,000 associates for the 2015 holiday season. This number is a 25% increase over last...
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,...
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...
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...
Fast Fashion and Other Retail Industry Trends May Have Contributed to 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...
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...