Total in-store and online Thanksgiving sales through the holiday weekend showed positive results led by a sharp increase in e-commerce. According to the majority of retail industry analysts, strong Thanksgiving weekend results are leading into the traditionally strong Cyber Monday finale. KeyBanc analysts Edward Yruma, ...
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Retail
Retail
US Black Friday sales set a record $6.22 billion according to Adobe Analytics. For the first time, more than $2 billion or 33.5% of online sales were made on smartphones making mobile a big factor in sales. The record sales represented 23.6% growth over last ...
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Leading into the post-Thanksgiving weekend, we’re sharing a collection of global payments news that caught our eye this week, starting with a preliminary Black Friday sales report along with a few summaries of Thanksgiving Day shopping spending. Early indicators reveal a strong Black Friday Black ...
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Thanksgiving in the US originated as a Pilgrim harvest festival celebrated in October 1621. According to Wikipedia, the feast lasted three days and was attended by 90 Native Americans and 53 Pilgrims. “The First Thanksgiving at Plymouth” by Jennie Augusta Brownscombe – Stedelijk Museum De ...
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Hey big spenders and sellers, we’ve got a Thanksgiving shopping research special report for you. Consumers are getting ready to open their purses and wallets for the holiday shopping season, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. 43% of young ...
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New research from the National Retail Federation (NRF) and Forrester show retailers, e-commerce sellers and payments industry leaders expect many changes in retail payments in the near future. 44% of retailers no longer require signatures for debit card transactions, 13% will eliminate them by the ...
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SurePayroll estimates US e-commerce platforms lose roughly $18 billion in potential revenue each year to abandoned carts. With the holiday shopping season ready to roll, it’s a great time to consider the impact of a shopping cart abandonment on sales and revenue. According to SalesCycle, ...
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It’s a week from Black Friday, but the Black Friday ads are already running in full force. To help you get through the weekend while you shop online, we’ve got our popular Friday global payments news roundup ready for your weekend reading. Payments Trends to ...
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Shopping at Walmart got even easier if you live in Miami, thanks to a collaboration between Walmart, Ford and delivery service Postmates. The new test drive lets customers shop for groceries online, have their order picked and packaged by Walmart’s personal shoppers and delivered in ...
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Another year, another Alibaba’s Singles Day sales record with sales reaching $30.8 billion (RMB213.5 billion), up 27% for the one-day e-commerce extravaganza. Last year, sales were $25.3 billion for the promotion, also known as Alibaba’s 11.11 Global Shopping Festival. The company said it handled more ...
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