sales

Retail Sales Drop 16.4% Month-Over-Month In April Due To COVID-19

U.S. retail and food service sales dropped an estimated 16.4% from the previous month in April, nearly doubling the revised 8.3% decline…

Coronavirus Update: Brands Temporarily Close Chinese Shops, But Supply Chain Pressures Could Be Biggest Risk

The fast-moving coronavirus outbreak centered in China is making headlines around the world, but its impact on retail has been subdued thus…

Mobile Dominance: Smartphones Generate 61% Of Black Friday E-Commerce Traffic

Black Friday online sales reached a record $7.4 billion, up 19.6% from 2018, with the average order value (AOV) rising 5.9% to…

eBay Shoppers Benefit If Amazon Site Crashes On Prime Day

eBay will be launching a “Crash Sale” on July 15 if the Amazon web site crashes on Prime Day, as it did…

Salesforce Previews CDP Release, Outlines Top 3 Holiday Trends

Pictured above: Dana Chery, Sr. Director, Service Cloud Product Marketing at Salesforce, Customer 360 implementation at discusses e.l.f. Cosmetics. Today’s businesses still struggle…

Super Bowl And Valentine’s Day Spending To Reach A Combined $34.8 Billion

While the mid-winter season doesn’t have the retail heft of the holidays, it isn’t a sales dead zone either: the average American…

Holiday Sales Could Exceed $1 Trillion For The First Time

Holiday spending in the U.S. could top $1 trillion for the first time this year, according to data from eMarketer. The firm…

In-Store Shopping Can Drive Holiday Spending Sprees

The upcoming holiday season looks promising: 18.7% of shoppers plan to budget more for holiday gifts this year, and most plan to…

Shoppers Spend More At Retailers That Share An Emotional Connection

It’s not enough for retailers to simply satisfy their customers. To maximize shopper spending, companies must form an emotional connection with them…

Drift Raises $60 Million To Build Amazon-Style B2B Platform

Drift, a conversational marketing and sales platform, announced a $60 million Series C funding round, which was led by Sequoia Capital and…

Walmart Predicts Lofty 40% E-Commerce Growth For 2018

Walmart hasn’t been modest about its e-Commerce expansion plans over the past year, acquiring various online-first retailers and investing in numerous omnichannel…