NORTH AMERICA–As of 2016, online sales of pet products accounted for roughly 9 percent of the $48 billion industry, and Amazon is leading the way, reaching $2 billion in pet product sales in 2016, according to market research publisher Packaged...
Department stores are increasingly turning to omni-channel solutions as they struggle to drum up sales in an increasingly competitive retail marketplace, according to L2’s Digital IQ Index: Department Stores 2017.
The increased popularity of sports such as indoor climbing has helped the overall U.S. climbing industry grow by 13 percent in the past year, according to The NPD Group.
GLOBAL–Toy sales are on the rise worldwide heading into the second half of 2017, according to The NPD Group, with an increase of 3 percent reported across 11 markets that were measured.
Retail digital commerce (both desktop and mobile) increased by 20 percent to $100.1 billion in Q1 2017, the first-ever non-holiday quarter to exceed $100 billion, according to comScore’s State of the U.S. Online Retail Economy webinar presentation.
NORTH AMERICA–Retailers are set to open 4,080 more stores in 2017 in the U.S. than they’re closing, and plan to more than 5,500 more in 2018, according to research and advisory firm IHL Group.
Amazon’s new book stores don’t look that different from the outside, but behind the traditional exterior is a ground-breaking new way of merchandising that could change retail as we know it.