Tag: retail news

KHD Buzz – Big Back to School Sales Predicted, Live Stream Retail Goes Mainstream and More

KHD Buzz – Big Back to School Sales Predicted, Live Stream Retail Goes Mainstream and More

For Many Retailers, The Bots are Staying Post Pandemic To overcome operational issues caused by the novel coronavirus outbreak, many retailers turned to automated technological solutions. Lots of companies are sticking with the new automation, even doubling down on it, post pandemic as finding human workers to fill unfilled positions has become more difficult. Read…

By Koehler Home Decor July 12, 2021 Off

KHD Buzz – PayPal to Increase Merchant Fees, Retail Worker Exodus Continues and More

KHD Buzz – PayPal to Increase Merchant Fees, Retail Worker Exodus Continues and More

PayPal to Increase Merchant Fees in August According to a blog post posted on the company website, PayPal will be increasing merchant fees in August 2021. On August 2, PayPal plans to increase U.S. merchant fees to 3.49 percent per digital payment transaction, up from 3.40 percent currently. This includes PayPal checkout services and Venmo…

By Koehler Home Decor June 28, 2021 Off

KHD Buzz – $11 Billion Prime Day Predicted, More Third Party Marketplaces Open Online, Pandemic Puppies are Still a Thing and More

KHD Buzz – $11 Billion Prime Day Predicted, More Third Party Marketplaces Open Online, Pandemic Puppies are Still a Thing and More

Adobe Predicts Prime Day Spending to Top $11 Billion. With this year’s Amazon Prime Day in full swing today, big spending is expected not just at the retailer’s site but also at many other online retail outlets offering competing sales. A report published by Adobe just prior to the big day predicts spending will top…

By Koehler Home Decor June 21, 2021 Off

KHD Buzz – Online Sales Fall in May, NRF Predicts Fastest Growth Since 1984 for General Retail and More

KHD Buzz – Online Sales Fall in May, NRF Predicts Fastest Growth Since 1984 for General Retail and More

Sharp Online Sales Fall As Restrictions Ease According to the IMRG Capgemini Retail Index, online retail sales fell 9.1% year on year in May, a significant drop from the 61 percent growth reported for the same period last year. Read More NRF Predicts Good Retail Growth Through 2022 In better news, , the National Retail…

By Koehler Home Decor June 14, 2021 Off

KHD Buzz – Retail Sales Remain Steady, Mask Mandates are Lifting Across the Country and More

KHD Buzz – Retail Sales Remain Steady, Mask Mandates are Lifting Across the Country and More

April Retail Sales Remained Steady and Ahead of Some Predictions Following a 10.7% increase in March, retail sales remained stable in April. Because 83 percent of federal stimulus checks were distributed in the second half of March, economists expected lower sales growth in April. Read More Big Retailers Lifting Their Mask Mandates Many big name…

By Koehler Home Decor May 24, 2021 Off

KHD Buzz – Unemployment at New Low, Droves of Workers Leaving Retail, eBay and NFTs and More

KHD Buzz – Unemployment at New Low, Droves of Workers Leaving Retail, eBay and NFTs and More

Workers Snubbing Retail, Cite Low Pay and Abusive Customers Some retail employees are finding that the combination of low pay and difficult, if not outright abusive, customers is too much to bear. Many people are quitting their jobs in search of better prospects, leaving their former employers desperately seeking staff. Read More Target Discontinuing Sale…

By Koehler Home Decor May 17, 2021 Off

KHD Buzz – Prime Day Moves to June, Amazon Sales Up 44%, Employee Shortages Stalling Retail Growth and More

KHD Buzz – Prime Day Moves to June, Amazon Sales Up 44%, Employee Shortages  Stalling Retail Growth and More

Amazon’s 1Q Sales Up 44% During the first quarter of 2021, Amazon.com reported a 44 percent increase in revenue year over year and earnings of $15.79 per share, well above the $9.54 consensus among analysts.Read More   Prime Day Moving to June 2021 In other Amazon news the company has confirmed that Prime Day –…

By Koehler Home Decor May 10, 2021 Off
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