When Cotopaxi Founder Davis Smith began shopping his idea for an outdoor gear company with a focus on giving back — particularly to people in need — investors didn’t get it. Unlike what he described as “the 1980s model of corporate social responsibility,” which mostly involved...
By all accounts, Cyber Monday 2018 was a roaring success. With, according to the most popular estimate, 7.9 billion in online sales, the result beat forecasts for the day and represents a 19.7 percent increase over 2017’s $6.6 billion in sales. It was good enough to...
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First Data’s 2018 Prepaid Consumer Insights Study found that the average consumer is spending $59 more than the original value of their gift card, marking an increase from $21 a year ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Suffering from unexpected technical issues with web sales, firms from Shutterfly to Lenox found themselves sending apology emails to customers over Cyber Monday sales that perhaps didn’t process — with offers to extend the sale another day. Get the Full Story Complete the form to...
If spending is any gauge of affection, it is safe to conclude that Americans truly love their pets. According to the Bureau of Labor Statistics, American households on average spend about $500 apiece on pet care. According to the American Pet Products Association (APPA), Americans...
Gymboree, the U.S. retail outfit that sells children’s clothing, is mulling whether to shutter more than half of its 900-store base, Reuters reported Tuesday (Nov. 27), citing people “familiar with the matter.” Get the Full Story Complete the form to unlock this article and enjoy...
More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday, surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. Get the Full Story Complete the form to unlock this article and...
Amazon announced Tuesday (Nov. 27) that this year’s Cyber Monday was the single biggest shopping day in the company’s history, with more products ordered across the globe than any other day. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
