Despite Delta variant concerns, Walmart reported this week that in-store sales are up while e-commerce is down. Such is the shifting state of affairs for retailers.
"Customer behaviors have been rapidly shifting and changing, and this was true even before the pandemic. With the pandemic, we've seen a number of new customer trends. Early on, there was an acceleration of omnichannel shopping.
Gwinnett congresswoman unveils legislation to revitalize dead shopping malls
U.S. Rep. Carolyn Bourdeaux, D-Suwanee, pitched legislation during a Wednesday press conference while standing in front of empty storefronts and under worn ceilings in Gwinnett Place Mall.
The county purchased most of Gwinnett Place Mall , which has fallen into disrepair in recent decades, for $23 million earlier this year.
Do downtown shopping districts need their own loyalty programs? – RetailWire
Drawing inspiration from Pokemon Go, a new loyalty program in Olympia, WA, rewards downtown visitors for "checking in" with their mobile phones at local stores, restaurants, bars and entertainment venues.
Reward check-in points can be redeemed for prizes. The technology also encourages multi-store shopping trips by incentivizing users to create "shopping loops" and share favorite routes with friends.
Delta Variant Looms Over Rebound in Clothes Shopping - WSJ
Macy's Inc., Kohl's Corp. and Coach parent Tapestry Inc. reported big quarterly sales gains on Thursday, but it is unclear how long the shopping spree will last in the face of new pandemic restrictions to counteract rising coronavirus cases.
Macy's sales at stores open at least a year jumped 62% in the three months to July 31, compared with a year ago. Same-store sales also grew slightly compared with the same period in 2019. Net sales of $5.65 billion exceeded both 2020 and 2019 levels.
Towamencin: Shopping center pad site plans coming soon | Local-news | thereporteronline.com
Back-to-School Shopping Buoys Target's 2Q Sales | Twin Cities Business
Whether consumers shop in stores or online, they're continuing to spend loads of cash at Target . That was one of the takeaways from the retailer's second quarter earnings report released Wednesday morning.
Target Corp. reported second quarter total sales of $24.8 billion, a 9.4 percent increase from the same quarter a year ago. The retailer's profit also grew: Target's quarterly net earnings jumped 7.4 percent to $1.8 billion. That came on top of substantial revenue growth a year ago.
Get The Best Shopping Discounts in Frisco, Texas
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Amazon now wants to reinvent the in-store shopping experience - FreightWaves
The long-rumored Amazon move into malls could be coming soon, according to a new report. The Wall Street Journal, citing "people familiar with the matter," reported on Thursday that Amazon plans to open several retail locations in Ohio and California.
The article said the locations would be about 30,000 square feet, which is a little less than one-third the size of a traditional department store and akin to a current Best Buy location.
How to Navigate Back-to-School Shopping Twists This Year
For parents, the return to school means a return to spending: NerdWallet recently found that, in spite of the pandemic, about half of parents who plan to back-to-school shop this year expect to spend about the same as they normally would, with more of that spending going toward clothing than in
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