In the report, The Halo Effect III: Where the Halo Shines, which quantified the impact of opening or closing physical stores on digital sales and retailers’ overall performance, ICSC stated that online sales increased following the opening of a store and decreased...
As the holiday season fades into memory, Placer.ai decided to take a look at what kind of visitation trends major mass market and warehouse club stores are experiencing as 2023 begins and determined that Walmart is lagging. Target and Walmart were major retail...
Two-thirds of Americans plan to spend either the same or more in 2023 as they did in 2022 on retail purchases despite continued inflation and the potential of a recession. But a significant proportion will be deal hunting, and they’ll be doing a lot of it in physical...
Bed Bath & Beyond found a potential rescuer in Hudson Bay Capital, but it still has a long way to go before its fortunes are secure. Certainly, Bed Bath & Beyond is characterizing the stock transaction and its backing by Hudson Bay Capital (not affiliated with...
Preliminary data released by business services provider Sensormatic Solutions, indicated a 2.9% increase in retail foot traffic on Black Friday, November 25, compared to 2021, while Adobe Analytics reported that online sales at $9.12 billion gained from $8.92 billion...
