Archive for the ‘RETAIL’ Category

On Target – The Retailer Is Hitting Every Note, Pummeling Kohl’s and JCP

Target’s third-quarter earnings out Wednesday greatly exceeded expectations and demonstrated a retailing trifecta of year-over-year sales gains, comparable store, and margin gains. Most notably, at a time when fashion sales at major department stores like Kohl’s and J. C. Penney are in somewhat of a funk, Target reported an eye-popping 10% gain in this higher […]

Millennials Most Likely to Outspend Other Generations This Holiday Season

Over a third of millennials plan to spend more money this holiday season compared to last year, and they will likely outspend other generations this gift-giving season, according to Discover’s annual Holiday Shopping Survey. Millennials say higher income and more people on their shopping list are two reasons for their boost in spending. And they […]

Saks, Sephora pilot Google’s local ads to drive store traffic

Saks Fifth Avenue and Sephora are among the retailers that have tested Google’s local and shopping campaigns, which the search giant is expanding for this year’s holiday shopping season, according to a Google blog post. The local campaigns are designed to drive traffic to nearby locations by geotargeting mobile users, while shopping campaigns have expanded […]

Facing shorter holiday season, U.S. retailers rev up faster delivery, early deals

U.S. retailers are rushing in with faster-than-ever delivery deals and earlier Christmas promotions in hopes of easing the impact of this year’s shorter holiday selling season, a period that can be make-or-break for retailers. Thanksgiving, the traditional kick-off of the U.S. holiday shopping period, falls on Nov. 28 this year, a week later than last […]

Ralph Lauren launches digital IDs to authenticate merchandise

Ralph Lauren Corporation introduced digital product identities for products to verify authenticity as the goods move through the supply chain, the company announced in a press release emailed to Retail Dive. The brand partnered with EVRYTHNG, an internet-connected software company, and Avery Dennison, a manufacturing and technology company, to roll out the digitization effort.

More than half of holiday shoppers plan to buy gifts for themselves

A JLL 2019 Retail Holiday Survey found 53.2% of shoppers plan to buy gifts for themselves and 73.5% of consumers with a budget of more than $500 expect to buy gifts for themselves. Clothing and shoes top the list for self gifts, with 20.4% of shoppers planning to make purchases for themselves in this category, […]