article thumbnail

Mastercard Data: Holiday Sales Climb 3.1% YoY

Retail TouchPoints

As in previous years, ecommerce grew at a faster pace than brick-and-mortar retail, but the latter still accounts for the majority of all sales. Apparel sales grew 2.4% Spending at restaurants saw a significant jump, increasing 7.8% compared to 2022. and grocery increased 2.1% , while jewelry and electronics sales declined by 2% and 0.4%

Jewelry 294
article thumbnail

New Slate of Google Tools Aims to Help Holiday Bargain Hunters

Retail TouchPoints

The general Deals page features promotions and markdowns in a range of top holiday categories — including apparel, electronics, toys and beauty — from a wide variety of merchants, ranging from big-box stores and multi-brand retailers to DTC brands and local stores.

Markdowns 206
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How a doctor turned a Twitter joke into a retro-inspired apparel brand

Inside Retail

I’m not on Facebook, and my Instagram account has six pictures of my dog. I feel like what a modern business looks like isn’t so much a clothing brand that does videos to promote itself, but a video channel with a merchandise store. How much are you deliberately playing into the nostalgia element with the 1980s-style look and feel?

Apparel 130
article thumbnail

The Secret Behind Quick-Turn Merch: A Strong Partner

Retail TouchPoints

To take the obsession even further, it seems like everyone is wearing branded apparel promoting them. This branded apparel — or merch, as it’s more commonly called — sent consumers into a frenzy. It’s also the speed at which you’re able to communicate with your account manager or designer.

article thumbnail

Under Armour Names New Americas President, Chief Legal Officer

Retail TouchPoints

24, David Baxter will be promoted to President of the Americas, succeeding Stephanie Pugliese, who is stepping down and leaving the company; and Mehri Shadman has been appointed Chief Legal Officer and Corporate Secretary as current Chief Legal Officer John Stanton retires after 16 years with the company.

Wholesale 238
article thumbnail

Adobe Analytics: Digital Holiday Sales Expected to Rise 2.5% to $209.7 Billion

Retail TouchPoints

from 2021 and accounting for 16.3% Promotions are expected to hit record highs as retailers seek to manage inventory levels and draw in price-conscious shoppers. Heavy promotions are expected to impact margins but attract enough customers to maintain growth. Apparel also will be an important category, bringing in $40.7

Apparel 261
article thumbnail

With Supply Chain Still in Flux, Executives Focus on Sustainability, Automation

Retail TouchPoints

Bengtsson spoke about how traceability and transparency are creating a “cost of compliance” that retailers must account for. Avedis Seferian, President and CEO of WRAP — a standards-setting organization that works with facilities to bolster compliance while promoting safe and ethical manufacturing processes — understands audit fatigue.