Black Friday sales soared this weekend, with more Americans choosing to skip the crowds and do the majority of their holiday shopping online. Reuters reported that online sales rose more than 23 percent, hitting over $6 billion on Black Friday, according to data from Adobe Analytics....
Digital is certainly the bee’s knees, the rad kid of commerce, the hippest person in the place. But don’t get too carried away — during the 2018 holiday season, most U.S. consumers will still do their shopping inside physical stores. Get the Full Story Complete the...
Layaway — the system where a merchant holds an item aside for a consumer, usually for a small fee and a deposit, until the consumer finishes making installment payments on the item — was an invention of the 1930s, created by retailers to ensure that...
Thanksgiving will see as many as 164 million shoppers spending their way through the holiday weekend and into Cyber Monday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Chinese tech giant Xiaomi plans to have 5,000 of its stores open in India by the end of 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
A new survey has found that most people plan to begin their holiday shopping well before their turkey dinner — 7:16 a.m. EST on Thanksgiving Day to be exact. According to Groupon‘s second annual Black Friday shopping trends survey, the new early morning time is more than eight hours...
U.S. consumers increased their online shopping by nearly 17 percent before Black Friday, according to new data published by Adobe Analytics this week. Online shopping spend topped $31.9 billion in the first 20 days of November, including the first “$2 billion day of the season,” analysts...
Before the dawn of 3D smartphone technology, it wasn’t easy for startups to create a customized product — and market it to a consumer. When the founders of King Children wanted to create eyewear to fit the custom needs of shoppers, for instance, they faced...
With a strong digital platform supporting its brands, The Gap, Inc. had slightly better-than-expected results for the third quarter. The retailer reported earnings per share of 69 cents and revenues of $4.1 billion compared to analysts’ estimates of 68 cents and $4 billion. Get the...
