Articles
Black Friday and Cyber Monday have come and gone, but holiday shopping is still in full swing. Leading up to the first holiday season post-COVID-19, there has been uncertainty about the percent of shoppers sticking to online retail instead of traditional brick-and-mortar shopping. Luckily, neither party need worry. Thanksgiving weekend proved to be omnichannel […]
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How Should Retailers Prepare for Thanksgiving Online Order Fulfillment?
Black Friday and Cyber Monday have come and gone, but holiday shopping is still in full swing. Leading up to the first holiday season post-COVID-19, there has been uncertainty about the percent of shoppers sticking to online retail instead of traditional brick-and-mortar shopping. Luckily, neither party need worry. Thanksgiving weekend proved to be omnichannel […]
Articles
The Big Retail Winners & Losers From the 2022 Thanksgiving Weekend
The 2022 Thanksgiving weekend holiday shopping saga continues to have resounding consequences across retail, proving to be a winning weekend for in-store and ecommerce sales. But did everyone win in the same fashion? According to new data out of Adobe Analytics, online sales on Black Friday and Cyber Monday in 2022 set new records, with […]
Articles
Consumers Break Early Holiday Shopping Records: A Win for Retail
Thanksgiving weekend was a revenue win for the retail industry as consumers could not forgo early holiday shopping. Since the pandemic and current recession, retailers have been feeling the pressure from consumers as they raise their prices while consumers spend their money more wisely. The holiday season brings retailers the chance to make sales, […]
Articles
Thanksgiving Holiday Weekend Proved the Omnichannel Customer Has Fully Matured
Now widely reported, last weekend’s Black Friday and Cyber Monday sales were record-breaking on all accounts. Nearly 200 million customers hit physical retail stores over the Thanksgiving holiday weekend according to NRF, a feat all of its own and a validation of the brick & mortar store in an age of omnichannel sales strategy. […]
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Retailers Deep Discounts Meant a Busy Black Friday
2022 marked record years for Black Friday and Cyber Monday sales. CNN Business reports that “online Black Friday sales in the United States topped a record-breaking $9.12 billion this year.” According to Yahoo News, “Cyber Monday sales rose to $11.3 billion from a year earlier, making it the biggest U.S. online shopping day in […]
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2022 Cyber Monday Broke Records This Year With Consumers Spending $10.7 Billion
2022 Cyber Monday broke records this year based on Adobe Analytics’ figures, which tracks seasonal e-commerce activity, Cyber Monday generated $11.3 billion in online sales. The record-breaking day is also a record year for sales, which were down from $10.8 billion in 2020 (when $10.7 billion was recorded in sales), and a record for the […]
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Data Privacy Lawsuits Sweeping the Healthcare and Tech Sectors and What They Mean for the Industry
Data privacy lawsuits have rapidly increased in the healthcare and technology sectors in recent years, in part due to the increasing demand for access to sensitive medical data as well as the emergence of innovative products and services that rely on personal information. Since these attacks have occurred, companies have been forced to rethink […]
Legalized Sports Betting Could Benefit the US Economy
Sports betting has continued to explode in the U.S. despite the reticence of many states to legalize the practice. One of the benefits cited by proponents of legalized sports betting is the tax revenue that states are able to collect. A recent piece in D Magazine analyzed just how much a state like Texas […]
Will the Thanksgiving Holiday Weekend Revenue Continue Through the Rest of the Holiday Season?
This year, retailers kicked off the holiday season early with deals beginning prior to Thanksgiving weekend. The encouragement from retailer sales to have consumers begin their holiday shopping early, has made some impact with this year breaking record revenue over the Thanksgiving holiday weekend. The Black Friday and Cyber Monday sales prove positive in predicting […]
How Should Retailers Prepare for Thanksgiving Online Order Fulfillment?
Black Friday and Cyber Monday have come and gone, but holiday shopping is still in full swing. Leading up to the first holiday season post-COVID-19, there has been uncertainty about the percent of shoppers sticking to online retail instead of traditional brick-and-mortar shopping. Luckily, neither party need worry. Thanksgiving weekend proved to be omnichannel […]
The Big Retail Winners & Losers From the 2022 Thanksgiving Weekend
The 2022 Thanksgiving weekend holiday shopping saga continues to have resounding consequences across retail, proving to be a winning weekend for in-store and ecommerce sales. But did everyone win in the same fashion? According to new data out of Adobe Analytics, online sales on Black Friday and Cyber Monday in 2022 set new records, with […]
Consumers Break Early Holiday Shopping Records: A Win for Retail
Thanksgiving weekend was a revenue win for the retail industry as consumers could not forgo early holiday shopping. Since the pandemic and current recession, retailers have been feeling the pressure from consumers as they raise their prices while consumers spend their money more wisely. The holiday season brings retailers the chance to make sales, […]
Thanksgiving Holiday Weekend Proved the Omnichannel Customer Has Fully Matured
Now widely reported, last weekend’s Black Friday and Cyber Monday sales were record-breaking on all accounts. Nearly 200 million customers hit physical retail stores over the Thanksgiving holiday weekend according to NRF, a feat all of its own and a validation of the brick & mortar store in an age of omnichannel sales strategy. […]
Retailers Deep Discounts Meant a Busy Black Friday
2022 marked record years for Black Friday and Cyber Monday sales. CNN Business reports that “online Black Friday sales in the United States topped a record-breaking $9.12 billion this year.” According to Yahoo News, “Cyber Monday sales rose to $11.3 billion from a year earlier, making it the biggest U.S. online shopping day in […]
2022 Cyber Monday Broke Records This Year With Consumers Spending $10.7 Billion
2022 Cyber Monday broke records this year based on Adobe Analytics’ figures, which tracks seasonal e-commerce activity, Cyber Monday generated $11.3 billion in online sales. The record-breaking day is also a record year for sales, which were down from $10.8 billion in 2020 (when $10.7 billion was recorded in sales), and a record for the […]
Proto Hologram: Retailers Benefit from Enhanced Audiovisual Experience
RetailCustomerExperience.com recently reported on Walmart’s creative use of Proto technology to display a “holographic recreation of Sam Walton in preparation of its permanent exhibit at the Walmart Museum”. In conjunction with StoryFile, Walmart now has an engaging holographic rendition of Sam Walton that can engage visitors in conversation through enhanced audiovisual solutions. Proto’s Epic is […]
Why the True Winners of This Holiday Season Are the Consumers
Online sales were up in 2022, and this year the United States broke sales records for both Black Friday and Cyber Monday. Consumers are continuing to spend and buy despite the coming recession that many experts are warning of. Lisa Miller believes that the true winners of this holiday season are the consumers who are […]
Black Friday 2022 In-Review: How Did Supply Chain Challenges and Consumer Pessimism Turn into Record Sales?
Black Friday 2022 and its cousin Cyber Monday are now behind us, and boy did they both make waves across retail. Not only did Black Friday’s in-store foot traffic break records according to NRF, but sales numbers seem to show that Black Friday 2022 and Cyber Monday 2022 sales are setting records, with Cyber Monday […]