Fierce Retail

Amazon, the Big E-tailer, to Open 400 Brick-and-Mortar Bookstores?

February 5, 2016

Amazon is diving into brick and mortar in a big way, with plans to open up to 400 physical store fronts, according to reports.

Defunct Chain Plans to Make Retail Circuit Again

January 29, 2016

Fierce Retail

Circuit City was liquidated in 2008, but there are new owners and a new plan to bring the defunct electronics chain back.

Latest Hike in USPS Shipping Rates Burdens Smaller Retailers

January 28, 2016

Fierce Retail

Last week, the U.S. Postal Service announced an increase on several shipping products used by online retailers, including Flat-Rate Priority boxes. On average, rates increased 9.5 percent in the first price hike on commercial Priority Mail in three years.

Most Shoppers Have Made Impulse Buys of $100 or More, Report Finds

January 27, 2016

Fierce Retail

More than half of U.S. shoppers - 54 percent - have admitted to spending $100 or more on an impulse buy, including 20 percent who have spent at least $1,000. In total, 84 percent of all shoppers have made impulse purchases, according to a report from CreditCards.com.

Macy's Credits RFID With Reducing $1Bn of Inventory in Omnichannel Initiative

January 26, 2016

Fierce Retail

Macy's is turning to RFID to support omnichannel initiatives, specifically its "Pick to the Last Unit" (P2LU) program. The retailer will use Tyco Retail Solutions' inventory visibility platform to access its full inventory throughout its entire store base.

Kroger's Weekly Circular Goes Digital

January 22, 2016

Fierce Retail

Digital disruption is affecting retailers of all stripes, but the grocery sector has been slow to adopt new technological tools. But that doesn't mean the nation's largest grocery chain isn't innovating around the digital path to purchase.

Most Shoppers Put a Premium on In-Store Mobile Technology, Poll Finds

January 21, 2016

Fierce Retail

Sixty-six percent of shoppers are more likely to purchase at retailers that offer in-store mobile technology, an increase of 52 percent year over year, according to a SOTI poll of consumers. As many as 73 percent of respondents view the availability of in-store mobile technology as a signal of better customer service and loyalty, up 26 percent from the previous year.

Despite Record E-Commerce Sales, 69 Percent of Online Shopping Carts Abandoned

January 12, 2016

Fierce Retail

Although e-commerce sales accounted for more than $340bn in 2015, a recent Baymard Institute study revealed that about 69 percent of online shopping carts were still left abandoned. Why so many unfulfilled digital sales?

Mobile Sales Account for 30 Percent of Holiday Season's Growing E-Commerce

January 7, 2016

Fierce Retail

E-commerce revenue jumped 21 percent this holiday season over last year as mobile sales continue to climb - 30.4 percent of online sales were placed on mobile devices, according to Custora.

Amazon Reportedly Accounts for Half of Online Sales Growth in U.S.

January 6, 2016

Fierce Retail

Amazon now accounts for roughly 50 percent of all online retail sales growth in the United States and 24 percent of total retail sales growth, according to Macquarie Research.