Retail sales

Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
December 01, 2023  |  Retail

Despite economic uncertainty, consumers have been spending in the week after Thanksgiving to complete a portion of their holiday shopping and take advantage of the...

READ MORE >
NRF Reports Record 200 Million Consumers Shopped During Thanksgiving Weekend
NRF Reports Record 200 Million Consumers Shopped During Thanksgiving Weekend
November 28, 2023  |  Retail

The Thanksgiving holiday weekend saw a record-breaking number of consumers engaging in shopping. Over the five days from Thanksgiving Day through Cyber Monday, 200.4 million...

READ MORE >
Cyber Monday Spending Projected to Reach Record $12 Billion
Cyber Monday Spending Projected to Reach Record $12 Billion
November 28, 2023  |  Retail

This year’s Cyber Monday spending is projected to top $12 billion as consumers seek deals. That spending amount — a record — marks a 9.7%...

READ MORE >
Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
Merchants’ Black Friday Was Good Despite Missing Sales from Failed Payments
November 27, 2023  |  eCommerce

More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According...

READ MORE >
Amazon Surpasses UPS to Become Largest Delivery Service in US
Amazon Surpasses UPS to Become Largest Delivery Service in US
November 27, 2023  |  Delivery

 Amazon has reportedly surpassed UPS to become America’s largest delivery business. The eCommerce behemoth delivered more packages to consumers in the U.S. last year than UPS — and...

READ MORE >
Biometrics May Be Online Retail’s Ticket to More Sales
Biometrics May Be Online Retail’s Ticket to More Sales
November 24, 2023  |  Retail

Retailers are leveraging innovative solutions, such as biometrics, to enhance convenience, security and personalized services in their day-to-day business. Biometrics systems are gaining popularity as...

READ MORE >
Retailers Rethink Promotions Ahead of Shopping’s ‘Super Bowl’
Retailers Rethink Promotions Ahead of Shopping’s ‘Super Bowl’
November 19, 2023  |  Retail

Some retailers are reportedly reexamining their promotional strategies to stave off a muted holiday season. “It’s our Super Bowl,” Tapestry finance chief Scott Roe said of the holiday shopping...

READ MORE >
Quarterly eCommerce Sales Up 2.3%, but Will It Last?
Quarterly eCommerce Sales Up 2.3%, but Will It Last?
November 17, 2023  |  eCommerce

The third quarter is far enough behind us that some of the last few data points as to how consumers fared — at least from...

READ MORE >
Platform Economics: How Instacart Leverages Time Into Profits
Platform Economics: How Instacart Leverages Time Into Profits
November 16, 2023  |  David S. Evans

Time is our most precious asset. Each day, we get just so much. Twenty-four hours, 1440 minutes, 86,400 seconds. If we don’t use it, we...

READ MORE >