KHD Buzz – Online Retail Breaks New Barrier, The Marie Kondo Effect on Retail and More
Online Retail Hits a Major Milestone For the First Time According to a report from the Commerce Department last week, online retail has hit a major milestone some thought it never would. The total market share of “non-store,” or online U.S. retail sales was higher than general merchandise sales for the first time in history.…
KHD Buzz – Retailers Struggling with Digital, Huge Rise in Fake Goods Reported Worldwide and More
Retail Quality Report 2019: Retailers Worldwide Still Struggle With Digital According to the 2019 Retail Quality Report from Applause retailers all over the world, large and small, are still struggling with digital, but not as in digital marketing but as in the technical functioning of their websites. Read More Sephora and Ulta Among Those Defying…
KHD Buzz – Amazon Stops Buying from Suppliers, Target Launches Third Party Marketplace and More
Amazon Stops Buying From Suppliers, Expands Marketplace Direct Selling According to a new Bloomberg report Amazon is severing long standing relationships with suppliers in favor of encouraging direct Amazon Marketplace selling, a move that nets the retail giant increased profit for minimal extra effort. Read More Target Launches Third Party Marketplace Following in the footsteps…
KHD Buzz – Amazon Closing Physical Pop Up Stores, Charlotte Russe Begins Final Sell Off and More
Is Amazon Admitting Brick and Mortar Defeat? Last week Amazon announced that it is closing all of its pop up stores, those in Whole Food stores and in malls. The shops sold devices like its Fire Stick TV, and offered advice and tech support from Amazon consultants. Instead the company says it will be focusing on…
KHD Buzz – Tj Maxx Thrives As Others Fall, Venmo Goes Mainstream and More
TJ Maxx is Thriving…On Other Companies Misfortunes In the midst of ongoing high profile retail failures one mall staple is thriving, the discount retailer TJ Maxx. And as this article highlights, much of that growth has come as a result of the demise of other businesses, including Payless Shoesource, Gymboree and more. Read More Venmo…
KHD Buzz – Amazon Is Not Killing Walmart Online, Payless ShoeSource Closes All US Stores, Opposition to HQ2 in Virginia and More
Walmart May Be Winning Its Online War With Amazon After posting strong fourth quarter figures last week – and reporting a 40% online sales growth for 2018 – it seems like Walmart may be winning its online battle with Amazon after all. Read More Payless ShoeSource Closing All US Stores As the latest brick and…
KHD Buzz – US Retail Sales Take a Tumble, Big Brands Feeling the Pain, Retail Casualties Keep Coming and More
US Retail Sales Fall to Lowest Levels Since 2009 The Commerce Department, finally releasing the December 2018 sales figures that had been delayed by the government shut down, says the US retail sales tumbled 1.2 percent, the largest decline since September 2009 when the economy was emerging from recession. Read More The Retail Casualties Keep…
KHD Buzz – More than Half of Retail Businesses ‘Struggling’, Amazon’s Bus Pick Up Plans, China’s Retail Revolution and More
Report: More Than Half of US Retail Businesses ‘Just Surviving’ According to a new report released by accounting firm BDO more than half of US retailers are operating their businesses in ‘survival mode’ as 2019 begins, and that is hampering their prospects for growth or innovation. Read More. A Look at China’s ‘New Retail’ Revolution…
KHD Buzz – Ecommerce Winners and Losers in 2019, New Ad Options for eBay Sellers and More
New Report Reveals the Winners and Losers in Ecommerce in 2018 Retail digital intelligence firm Jumpshot recently released a data driven report that details the ‘the winners and losers’ in the ecommerce space in 2018. Obviously Amazon is there, but other big winners are a little more surprising, including the likes of the petcentric Chewy.com…
KHD Buzz – Top Retail Store Trends for 2019, A Retail Legend Retires, Square Launches Business Debit Card and More
The Top Trends Driving Retail Store Growth in 2019 Offline, brick and mortar retail is not dead, it’s just changing and those that don’t change with it won’t last. At least that is the conclusion of a new report from Retail Store Tours in a partnership with the NRF 2019 Retail’s Big Show. The report’s authors…