Online purchases drove this year's sales, and they are much more likely to get returned than items bought in person. Plus, people are shopping like Goldilocks.
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January, the beginning of the year, is the traditional time for fresh starts and new resolutions and returning gifts you didn't want. It's peak season for online returns. In this story, NPR's Alina Selyukh introduces us to a word that's new to me - returnsmageddon (ph).
ALINA SELYUKH, BYLINE: The end of the year - you'd think it would be the time when stores and retail companies could finally exhale from the crush of holiday shopping. But for many, it's just the beginning.
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Will Shopping Malls Make a Comeback in 2021? – Footwear News
When it comes to business, shopping malls — with their enclosed spaces and classification as nonessential retail — are among the retail categories that faced the most pressure.
According to market research firm Placer.ai, despite several years of waning foot traffic and uneven momentum, mall visits in 2020 were off to a solid start pre-coronavirus pandemic.
But as the global health crisis touched down in the United States in March, visits to malls across the country came to a near standstill amid government orders mandating the temporary closures of nonessential stores. And even as restrictions were loosened in the months that followed, widespread layoffs and furloughs coupled with fears of store safety kept many cash-strapped, anxious consumers at home.
Hastings businesses see big support through holiday shopping
HASTINGS, Neb. (KSNB) - For the holiday shopping season the people of Hastings were challenged to shop at small businesses who are trying to recover from the impact of the pandemic. Even with the pandemic going on and people still a little nervous to come out to physical stores, a lot of people responded to the mayor's challenge.
Mayor Corey Stutte wanted to bring more attention to small businesses and prevent the dip in sales around this time of year with online shopping becoming more popular.
Drones, bots and virtual stores: How your pandemic shopping boosted new trends in retail
The coronavirus decimated the retail industry in 2020 — but also fueled dramatic advances in new technology. From Walmart's self-driving delivery trucks to American Eagle's virtual stores, the retail industry has advanced several years in just nine months, experts say.
"The acceleration of the customer toward digital capabilities has been unlike anything I've ever seen," Shelley Bransten, Microsoft's vice president of global retail and consumer goods, told NBC News.
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Following holiday shopping boost, small businesses prepare for January lag in sales | WJHL |
TRI-CITIES, Tenn. (WJHL) Holiday shopping in the month of December brought a much-needed boost in sales for many small businesses in the region. As they look ahead to January, they are expecting a tough month.
When you factor in the pandemic alongside fewer shoppers, the start to 2021 will be more challenging than ever.
“The holidays were what we were looking forward to help but honestly through social media and things like that we have been able to still do pretty well through the store,” said Amanda Richardson, co-owner of Mercantile 423.
Shopping Center At Mall Property Sold For More Than $34 Million - LevittownNow.com
The Lincoln Plaza shopping center that has long been attached to the Oxford Valley Mall campus was sold.
Simon Property Group sold the shopping center along East Lincoln Highway near the intersection with Oxford Valley Road in Middletown Township in fall for $34,250,000, according to county property records.
The new owner is Paramount Plaza at Lincoln LLC, which is connected to Paramount Realty Services. The company owns and operates dozens of shopping centers in Connecticut, Massachusetts, Maryland, New Jersey, and Pennsylvania, including the Levittown Retail Center on New Falls Road in Middletown Township and several retail areas in Bensalem Township.
“Wonder Woman 1984” Features Rad '80s Shopping Mall With Fictional Lamps Plus Store |
A crowd in front of an obscured Lamps Plus store sign reacts to a concerning situation in "Wonder Woman 1984." (Photo: Business Wire)
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The scene is memorable, but in the real world, Lamps Plus has never had a store in an indoor mall or on the East Coast. But in the DC Universe, the retailer is shown having a successful storefront on the mall's second level.
In reality, the sequence was shot in summer 2018 at the now shuttered Landmark Mall located in Alexandria, Va.
Toledo police seek 2 accused of stolen credit card shopping spree | wtol.com
TOLEDO, Ohio — Toledo police are asking for the public's help to identify two people who allegedly stole a credit card and went on a shopping spree.
Photos from surveillance footage shows one person wearing a "Shady" hooded sweatshirt and the other wearing a black coat.
If you have any information on either of the suspects, please call Crime Stoppers at 419-255-1111.
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The Chicago #Cubs, after trading Yu Darvish and non-tendering Kyle Schwarber, are now extensively shopping catcher… https://t.co/nY5s5hxtod BNightengale (from PHOENIX) Tue Dec 29 20:12:58 +0000 2020
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