Holiday Shopping news and archive

US holiday shoppers spent record 126 billion US dollars online

US online retailers have a lot to celebrate: Americans spent a record 126 billion US dollars during the 2018 holiday season, 16.5 percent more than last year’s total, according to a report by Adobe Analytics based on data from 80 percent of all online transactions from the top 100 US e-tailers. Cyber Monday was the most lucrative day of the...

RetailFeatured

Holiday sales grew 5.1 percent, according to Mastercard

Americans were busy shopping this holiday season. Holiday sales grew by 5.1 percent in the United States this year, amounting to over 850 billion dollars in sales across industries, research from Mastercard SpendingPulse found. This year has marked the strongest growth in the U.S. in six years. Though the report was provided by MasterCard, it...

Retail

H&M Home collaborates with Google for voice payment

H&M is moving towards shopping made simple. The brand partnered with Google to launch a streamlined holiday shopping service operated by voice command. Called the H&M Home Gift Guide, the voice application provides inspiration and ideas for holiday gifts from the H&M Home line. The easy-to-use feature works with Google Assistant on both...

Fashion Featured

DKNY sells customized influencer t-shirts in holiday pop-up

DKNY is keeping its retail focus digital. While the idea of the pop-up retail space is typically a means for digitally native brands to enter the brick and mortar realm in a convenient way that sparks consumer engagement, DKNY is offering a different take on the pop-up. The New York-based brand launched a new pop-up store today, located online....

RetailFeatured

Amazon teams with home style brand for holiday pop up

Amazon loves to offer shoppers a curated selection of products. The retailer teamed with home style platform Domino to create a holiday pop-up retail space of gift items. The store brings to life the Amazon gift guide feature of its website through an editorially-curated product selection. The store is located in New York’s Soho neighborhood and...

Management

PwC releases its Christmas trading predictions

With Black Friday and Cyber Monday done for another year, retailers and shoppers have turned their attention to the festive season, and PwC;s Christmas trading analysis has revealed that UK shoppers are preparing to spend an average of 420 pounds on Christmas presents this year. In its annual Christmas trading predictions, PwC adds that...

Retail

This Black Friday strategy proved the best results

Black Friday sales are more dependent on strategy than they are on pricing. Retailers saw one of the most successful Black Friday and Cyber Monday results in history this year. There was a new record of 7.9 billion dollars spent on Cyber Monday sales, according to Adobe Analytics. Despite this, some retailers experienced better results than...

Fashion Featured

The top 3 holiday gift trends consumers are shopping

New York - With Black Friday and Cyber Monday weekend having passed, the holiday shopping season is well under way. Consumers across markets are well-versed in finding the best holiday deals for the season and have started their shopping in full force. This year is projected to be a strong holiday shopping season for retailers, with sales...

Retail

Cyber Monday sales will cause retailers a ‘February hangover’

Retailers should be wary of the long-term effects of the success of this year’s Black Friday and Cyber Monday sales. In a report published this week, Bloomberg warned of that retailers might experience a ‘February hangover,’ or a sharp decline in sales following this holiday season. As retailers compete to entice shoppers this holiday season,...

Retail

Amazon: 2018 Black Friday weekend was the biggest in the company’s history

Amazon is finishing 2018 on a high note: this year’s Black Friday weekend was the best in the company’s history, with more products being ordered worldwide on Cyber Monday than any other day ever. More than 13 million fashion items were sold on Black Friday and Cyber Monday combined. “Black Friday and Cyber Monday continue to break records on...

Retail

Half of US shoppers spent more this Black Friday than they did in 2017

Store closings in malls may be on the rise, but shopping centers are far from dead -- at least during the holiday season. The International Council of Shopping Centers (ICSC) estimates 151 million US consumers to have visited a mall over the weekend, proving that physical retail remains the hub of Thanksgiving shopping. By surveying about 1000...

Retail

Black Friday took one third of sales from smartphones

More than a third of shoppers avoided the queues and chaos on Black Friday, as smartphones took 33.5 percent of the 6.22 billion dollars that was spent in the United States. Sales soared 23 percent versus 2017 according to Adobe, which tracks millions of transactions across a range of retail sites. With another 10 percent of sales coming from...