Retail

Retail
Walmart, Target Take In-Store Spending Title For Black Friday
November 30, 2020

Although most consumers did their Black Friday shopping online this year, new research shows young shoppers were most likely to head into physical stores, suggesting their fear of COVID-19 was dwarfed by their desire to get out of the house and shop. Get the Full...

Retail
DATA: Retailers Battle For Remaining 40 Pct Of Consumer Holiday Spend
November 30, 2020

In most years, Thanksgiving Weekend and Cyber Monday are a starting point for a lot of seasonal shoppers. This year, as has been observed many times in PYMNTS and other publications, however, is not like any other shopping season the U.S has ever experienced, thanks...

Retail
Today In Retail: eCommerce Sales Spike On Black Friday; US Consumers Expected To Spend $12.7...
November 30, 2020

In today’s top retail news, Adobe reported that online sales on Black Friday hit $9 billion, while U.S. consumers are expected to spend $12.7 billion on Cyber Monday (Nov. 30). Plus, Outback Steakhouse has debuted a new “curbside concierge” option for holiday gift card shopping....

Retail
Cyber Monday Looks To Be Biggest Shopping Day To Date
November 30, 2020

The tally on Thanksgiving weekend continues to favor the digital-first economy. With in-store shopping on the decrease and online sales spiking as expected, the situation looks like it’s tailor-made for Cyber Monday to be the biggest shopping day of the year. Get the Full Story...

Retail
Outback Steakhouse Debuts Curbside Gift Card Concierge
November 30, 2020

Outback Steakhouse has rolled out a new “curbside concierge” option for holiday gift card shopping, according to a Monday (Nov. 30) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Teen Hustl Unveils Personal Package Delivery Service
November 30, 2020

Teen Hustl has unveiled a “Personal Package Delivery” service, which lets shoppers send their eCommerce orders to Amazon Lockers and UPS stores to be retrieved and delivered by local teens on eScooters and bikes, according to a Monday (Nov. 30) announcement. Get the Full Story...

Retail
Adobe: Cyber Monday Sales Headed Toward Record $13 Billion
November 30, 2020

Record-breaking sales — $10.8-12.7 billion — are anticipated for Cyber Monday (Nov. 30), a 15 to 35 percent hike from last year, a CNBC report indicated, citing Adobe Analytics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Former Saks CEO Sadove Says Physical Retail Will Transform To Survive
November 30, 2020

The 2020 holiday shopping season will be an unusual one in many respects. That’s a reality observable on Black Friday, where in-store sales were nearly literally cut in half — down 52.1 percent, according to preliminary data from Sensormatic Solutions. However, online sales bounced up...

Retail
NEW DATA: Black Friday 2020: COVID-19 Steepens Physical Retail’s Long Slide
November 30, 2020

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three out of every four consumers who shopped for their holiday purchases on Black Friday this year...