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NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion

Retail TouchPoints

billion , according to a survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. The other top shopping destinations include: Department stores ( 29% ); Discount stores ( 28% ); and A tie between local small businesses and specialty stores ( 17% each).

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150 Years of the Best Holiday Campaigns

BigCommerce

For those in the retail, ecommerce, and marketing world, we have already begun strategizing and executing our holiday marketing campaigns. Owned retail store : 24.7%. American Express Small Business Saturday Supports Local. How did a single advertising campaign raise over $40 million to fund children’s vaccines?

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3 Things Every Retailer Can Learn from Amazon

Retail TouchPoints

This platform, with its humble beginnings selling used books, has gone on to power the careers and fortunes of countless small businesses. Amazon’s innovations also have inspired some of the most game-changing new business models in retail, adopted by Target , Walmart and Macy’s to name just a few.

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NRF: Shoppers Are Spending for Valentine’s Day and Super Bowl Despite Pandemic Pressures

Retail TouchPoints

Not all of that spending will go to product purchases at retail — 41% of survey respondents said they would “love to receive the gift of experiences,” up from 36% in 2021. Check out Retail TouchPoints ’ upcoming Feb. billion boost in sales as many shoppers buy their significant other something special, up from $4.1

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Last-Mile Delivery and Its Impact on Urban Mixed-Use Environments

Retail TouchPoints

What does the urban shift mean for the future of retail? More specifically, how does the on-demand economy change the retailer’s business model? And, what are the last-mile delivery challenges retailers face? The retail sector is at a pivotal moment in adapting to the changed market conditions and consumer preferences.

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The Future of the Mall: Why Developers are Rethinking Everything from Tenant Mix to Events and ‘Adjacencies’

Retail TouchPoints

In fact, analysis of Google mobility data by CoStar Advisory Services revealed that the number of visits to retail and recreation sites has nearly fully recovered to pre-pandemic levels as of early July 2021. “ Retail TouchPoints spoke with executives from shopping destinations across the U.S. Photo credit: Northwood Retail.

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Taking your small business to the high street

365 Retail

Customers are favouring newcomers that are reinventing the high street by offering a first-class online store on top of a more experiential bricks-and-mortar offering in towns and cities. . The post Taking your small business to the high street appeared first on 365 RETAIL | Retail Technology News.