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Think Tank
Retail: Page 277
Use of Digital Gift Cards Grows, Though Physical Cards Still Dominate
While physical gift card purchases and receipts are still preferred over digital, both awareness and actual use of digital gifts is growing, with male shoppers leading the way, says research from Stored Value Solutions. The research also suggests that adoption can be accelerated by making users, both givers and receivers, comfortable with the form factor.
Retailers' Profits Take Hit as More Drop Prices for Holiday Shopping
Retailers are selling about 21 percent fewer items at full price this year compared to 2014, according to findings in DynamicAction's Holiday Retail Index.
Household Goods Make Up 'Significant' Portion of Recent Product Recalls, Report Says
Household goods account for a significant majority of all consumer product recalls in the U.S. since 2010, according to Recalls Hit Home: Household Goods Drive Consumer Product Recalls, a report from Stericycle ExpertSOLUTIONS.
With Browser Extension, Local Retailers Can Match Their Prices to Those Offered by Amazon
A new online service called PriceLocal aims to level the playing field and let local retailers price-match items and provide same day availability. PriceLocal was developed by a former Borders executive, Matt Chosid, as a way for smaller merchants to compete.
Digitally-savvy Millennials Said Likely to Shop in Brick-and-Mortar Stores on Thanksgiving
Millennials may be digital natives, but for all their supposed reliance on mobile devices, this group is more likely to shop on Thanksgiving Day and do so in stores, according to a new survey by location-based mobile platform Retale.
Seko Logistics Boosts Warehouse Space in California
Seko Logistics has tripled its warehouse operations capacity in California, with the opening of an omnichannel logistics hub in Chino, and expansion into a new 200,000 square-foot facility near San Francisco.
African Americans Urged to Spend More in Black-owned Businesses
Blacks spend less money in black-owned businesses than other racial and ethnic groups spend in businesses owned by members of their groups, including Hispanics and Asians.
Thirty-two Percent of Shoppers Use Social Media for 'Brand Engagement', Survey Says
Consumers find it easy to use social media for brand engagement, but that doesn't mean they are using it.
Many Consumers Begin Holiday Shopping Earlier Than Ever
Anyone looking for more proof that holiday shopping begins earlier has some new statistics to cite: 56.6 percent of those celebrating the holidays had begun shopping by early November, up from 54.4 percent last year and up further from the 49 percent who had started by this time in 2008, the first time the National Retail Federation asked the question.
Sales on the Run: Retailers Must Cash in on Mobile Commerce
For the retail industry, mobile has become a major aspect of the brand and commerce experience.
Robot Walks Grocery Aisles, Keeping Tabs on Restocking Needs
An autonomous robot was unveiled recently that can make sure that when you're hankering for Doritos, there's a bag waiting for you at the market.
Use of Plastics in Light Vehicles Grows From Average of 20 Pounds in 1960 to 329 Today
The use of plastics in the production of light vehicles is continuing to grow, with more than $18.1bn worth of finished automotive plastic products incorporated into vehicles assembled in the U.S. and Canada last year, the American Chemistry Council (ACC) said.
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