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NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion

Retail TouchPoints

Unsurprisingly, ecommerce will be the most popular destination for Valentine’s Day shopping, accounting for 39% of the total. The other top shopping destinations include: Department stores ( 29% ); Discount stores ( 28% ); and A tie between local small businesses and specialty stores ( 17% each).

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WSJ: Amazon Mulls Closing Unprofitable Businesses, Stores in Cost-Cutting Measure

Retail TouchPoints

Additionally, Amazon has shut many of its physical stores aside from grocery, including bookshops and specialty stores, even though the retailer had a growth plan to nearly double its store footprint, according to people familiar with the plans.

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How British brand Papier is driving growth in the global stationery market

Inside Retail

Where stationery used to be the type of product consumers would have to visit a specialty store to purchase, now they can find stationery products, across various consumer aesthetics and price ranges, in big-box retailers like Target, online retail giants like Amazon, or via brands’ own direct-to-consumer (DTC) sites.

Marketing 100
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Victoria’s Secret, Bath & Body Works to be split into separate companies

Inside Retail

Its numbers will no longer be flattered by the contribution of Bath & Body Works and its management team will be fully accountable to investors. Such accountability is no bad thing and will likely sharpen efforts to enact a genuine turnaround at the company.”. “The divorce gives Victoria’s Secret no place to hide.

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PLMA’s Show to hail ‘Store Brands Phenomenon’

Mass Relators

Store brands accounted for nearly one-third of all new sales flowing into U.S. And there’s more to come, according to PLMA, which says that every day, store brand products are moving into new categories, chains, channels, and platforms. Sales and dollar and unit market shares are at all-time highs. retailing last year.

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Retail Statistics You Should Know

Small Biz Trends

The retail industry in the US accounts for 18.7 % of total gross domestic product (GDP). image: SCORE If you want to run a successful retail store, you should not only know about how to open a retail store but also what kind of retail store (big or small) you want to open. These occupations account for 6.3%

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Why department stores are thriving in Japan even as the US sector shrinks

Inside Retail

Broken out by store type, growth was not even across the board. The nation’s 56,000 convenience stores posted a sales increase of 5.4 Large specialty stores selling home appliances (2,667 of them) were down by 4.6 per cent and home improvement sales (4,440 stores) were down 0.4 Supermarkets (5,921 stores) gained 1.8