article thumbnail

Which Retail Trends Show How Important Technology Is In 2024?

365 Retail

The latest technology has always played a huge role in the retail industry. From cash registers being used in the first department stores to the introduction of credit cards in the mid-20th century, retailers have always had to be aware of technology trends. appeared first on Retail News and Events.

article thumbnail

6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

Think about the days when Sears was the largest retailer in the world. The fall of Sears and other department stores has only served to usher in a new kind of department store, the big box store. Customers love it but it’s costly for retailers. A growing online marketplace and advertising business.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The ‘Social Proof’ is in the Pudding: Gartner Analyst Explains the Lure of Livestream Shopping

Retail TouchPoints

Ultimately, these are shoppers who are looking for a fun, accessible way to explore new products and find out more about different items — especially since it’s less possible to visit a mall or department store. To promote this, retailers can use a multitude of methods — from social ads to organic posts to emails.

Shopping 211
article thumbnail

Jewelry Sales Increased Sharply in July, Survey Finds

VMS

Overall, key retail trends from July include: Child Tax Credit Boosts Department Stores and Apparel Sales : The first of six monthly Child Tax Credit payments provided parents with an infusion of cash during the peak back-to-school shopping season, with Apparel (+80% YOY) and Department Store (+44.8%

Jewelry 72
article thumbnail

Retail Statistics You Should Know

Small Biz Trends

The above small retail statistics indicate that small retailers are not at all small when it comes to contributing to the US economy. Specialty stores are often a part of small retail store businesses. Unlike department stores that sell a wide variety of items, specialty stores offer niche-specific products.

article thumbnail

Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

One of the drags on profits for most direct-to-consumer retailers is advertising expenses. million on advertising in 2019 and 2020 respectively. Take department store Kohl’s, last year its marketing costs were only 4.9% Between 2018 and 2020 the cost of advertising on Facebook and Instagram more than doubled.

article thumbnail

Alibaba vs. Amazon, 7 Differences & Similarities

Indigo 9 Digital

Merchants are charged a fee to list on Tmall as well as a sales commission and advertising fees. Amazon charges merchants a sales commission and they can also pay a fee for advertising on Amazon as well as a fee for logistic services. Alibaba also took Intime Retail, a leading department store chain in China, private in 2017 for $2.6