Compared to 2019, U.K.’s Boxing Day retail traffic dropped by about 25%. A popular shopping day, when retailers in the country launch their after-Christmas sales, Boxing Day (Dec. 26) has long been the single biggest shopping day in the U.K.’s retail calendar, prior to the...
California-based brick-and-mortar analytics firm RetailNext said it has acquired U.K. rival Retail Performance from market research company Ipsos, in a bid to boost its foot-traffic-monitoring platform in Europe and Asia. According to a Monday (Nov. 14) press release, RetailNext characterized the deal as a strategic...
Among the more famous aphorisms of Benjamin Franklin was his 1748 observation that “time is money” — a fancy way of saying that making money requires the input of time, thus wasting time is wasting money. But it seems that despite being Swedish in origin,...
Consumer spending shows mixed demand as the holiday shopping season gets underway, The Wall Street Journal (WSJ) reported on Tuesday (Nov. 19). Weak sales at big box shops like Kohl’s and Home Depot were countered by a strong showing by discount chains TJ Maxx and...
February 20, 2020
Among the more famous aphorisms of Benjamin Franklin was his 1748 observation that “time is money” — a fancy way of saying that making money requires the input of time, thus wasting time is wasting money. But it seems that despite being Swedish in origin, furniture and home goods seller IKEA appears to be taking […]
November 14, 2022
California-based brick-and-mortar analytics firm RetailNext said it has acquired U.K. rival Retail Performance from market research company Ipsos, in a bid to boost its foot-traffic-monitoring platform in Europe and Asia. According to a Monday (Nov. 14) press release, RetailNext characterized the deal as a strategic expansion in the U.K. and European retail intelligence space, noting […]
November 20, 2019
Consumer spending shows mixed demand as the holiday shopping season gets underway, The Wall Street Journal (WSJ) reported on Tuesday (Nov. 19). Weak sales at big box shops like Kohl’s...
January 07, 2019
Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data emerges that shows declining traffic in stores and...
November 29, 2018
Sales were down in Q3 at Dick’s Sporting goods, as the retailer announced a net sales decline of 4.5 percent year over year to $1.86 billion. The company’s eCommerce sales were...
