Retail TouchPoints

SEPTEMBER 17, 2021

That’s 9% more than the comparable period last year and 58% more than 2019. 1, 2021, consumers will have spent more online than the $575 billion they spent in all of 2019. Shoppers are making larger purchases , with average order value up 13% at $169. As a historical benchmark, from 2015 to 2019, online prices fell 3.9%

Consumer 218

Consumer Home Furnishings Apparel Markdowns 218

Inside Retail

SEPTEMBER 20, 2023

De Sarno’s Gucci catwalk presentation – one of the industry’s most highly-anticipated shows this year – will serve as an aesthetic reset for the brand, aimed at reigniting sales, but it is also the first major test of a sweeping overhaul at Kering.

Fashion 130

Fashion Boutique Accounting Advertising 130

Inside Retail

APRIL 24, 2023

The new flagship is scheduled to open to shoppers on Friday, a key debut for a store that accounted for 10 per cent of Tiffany’s global sales before it closed for renovation in 2019. Source: Tiffany & Co Brookfield Properties is spending $400 million to renovate a 39-story office building at 660 Fifth Avenue.

Returns 130

Returns Accounting Location Management 130

Retail Gazette

OCTOBER 5, 2023

The search for the next chair of John Lewis Partnership is underway after current incumbent Sharon White revealed she would be stepping down at the end of her five-year term. Retail Gazette looks at some of the possible candidates who could replace White. His deep grocery experience could be vital in getting Waitrose back on form.

Supermarket 109

Supermarket Department Stores Grocer Returns 109

Inside Retail

NOVEMBER 20, 2022

Monk tagged the brand on her Instagram account around 2019, and there was a huge spike in traffic to the website and sales. “We The sisters worked in the same airline company, before starting a boutique store in 2015. At the time, everyone wore big glasses, as reflected by shows like The Kardashians.

Accessories 130

Accessories Boutique Wholesale Marketing 130

Store Growers

MAY 1, 2019

Tablet: 10% (vs 18%). And building an ecommerce empire on $150 orders is a lot easier than doing it on $10 orders. Source: RJMetrics Ecommerce Growth Benchmark (2015). Mobile visitors convert at almost half the rate of desktop visitors. Source: RJMetrics Ecommerce Growth Benchmark (2015). Desktop: 37% (vs 41%).

Shopping 51

Shopping Advertising Merchant Services Checkout 51

Retail TouchPoints

APRIL 27, 2021

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130