Sotheby’s allows buyers to make impulse purchases with its Buy Now feature. Plus, the direct-to-consumer push hasn’t spurred any big changes in the oral care market, and all the latest news from Amazon and Walmart. Data: 72%: Share of Amazon goods shipped by the retail...
RH expects customers to continue spending on their homes. Plus, why the secondhand market could be poised for a major boost during the holiday shopping season, and Peloton will soon offer private-label apparel. Data: 150: Number of Lululemon stores with Mirror shop-in-shops. 31%-33%: RH’s expected...
Order fulfillment and customer satisfaction take on new looks for retailers. Plus, Amazon continues to dominate Walmart in electronics and appliances, and startup sneaker companies are taking aim at Nike in the footwear wars. Data: 24.7%: Share of consumer electronics and appliances purchases held by...
PYMNTS research looks at how brick-and-mortar retailers fit into the bring-it-to-me economy. Plus, why almost two-thirds of product returns come during the unboxing or installation phases, and Amazon inches closer to Walmart in the consumer auto parts race. Data: 13%: Amazon’s share of the consumer...
Mall-based micro-distribution centers look to help consumers get their packages more quickly. Plus, ThirdLove plans to keep customers lost by Victoria’s Secret by focusing on their needs and all the latest news from Amazon and Walmart. Data: 375: Number of container ships waiting off ports...
Chewy launches a vet marketplace as an expansion of its health offerings. Plus, merchants rely on AI and Big Data to boost cybersecurity strength, and Amazon and Walmart fight to stay relevant in the clothing and apparel markets. Data: 13%: Amazon’s share of the apparel...
Virtual reality is one way retailers can keep people in their shopping centers longer. Plus, JCPenney may be getting into the BNPL game soon, and retailers are developing clothing rental offerings as a new avenue to lure customers. Data: 59%: Share of American retail consumers...
IZOTTI is taking some of the intimidation out of buying custom-made suits. Plus, Walmart still struggling to make its mark in home furnishings, and two-thirds of consumers don’t trust retailers’ ability to prevent fraud. Data: 10%; 6.6%: Share of retail sales derived from furniture and...
Micro-influencers are taking the lead in social commerce. Plus, BNPL gains critical mass as Amazon and Walmart jump on board, and IKEA is piloting an offering that includes secondhand sales. Data: 29M: Number of U.S. adults who have used buy now, pay later in the...
