January 15, 2020
Target Posts Surprisingly Sluggish Same-Store Sales Growth
Retailers having a less than festive holiday season saleswise has become an increasingly repetitive storyline in early 2020, as the earnings results are rolling in and the revenue figures have...
January 09, 2020
Macy’s Plans To Shutter 28 Locations
As part of its yearly review process, Macy’s plans to shutter one Bloomingdale’s store and 28 of its namesake department stores. The retailer operates approximately 680 department stores as well...
December 16, 2019
Facebook Now Tracks In-Store Purchases To Create Targeted Ads
Facebook is using purchase data from retailers to gather information about what people buy in physical stores, Business Insider reported on Monday (Dec. 16). Retail companies are sending Facebook its...
December 11, 2019
Analysts Predict Even Darker Time Ahead For Department Stores
Department stores may well be heading for a less than happy holiday season, according to the experts, and an uncertain New Year. Moody’s Investors Service slashed its forecast for department...
November 21, 2019
Sluggish Sales Sink Macy’s Earnings
The mall has not been kind to Macy’s, or at least that was the takeaway from the retailer’s earnings report released earlier today (Nov. 21). As the numbers hit the...
November 19, 2019
Macy’s Hacked In Magecart Attack
As its website has been hacked with code that steals shoppers’ payment information, Macy’s announced it has experienced a data breach. The website was compromised in early October, and a...
November 15, 2019
Why Mobile Will Make Holiday 2019 Merrier For Retailers And...
The upcoming holiday shopping season is expected to break records in online spending, according to a study by Adobe Analytics. That’s even with a shorter shopping season. This year, Thanksgiving lands on...
August 23, 2019
The Big Winners (And Losers) Of Retail Earnings Season
As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think back to high school and recall what is...
July 17, 2019
Prime Day 2019 Was Amazon’s All-Time Biggest Shopping Event
Amazon said this year’s Prime Day was its biggest shopping day ever, even bigger than any previous Black Friday and Cyber Monday combined. According to a report from CNBC, the...