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Report: Westfield Parent Aims to Sell its U.S. Mall Properties by Late 2023

Retail TouchPoints

Retailers closed a record 12,200 stores in 2020, with an outsize share coming from malls and one-third of the total from department stores specifically, according to data from CoStar Group. market “will be seen as a safe haven” as international retailers pull out of Russia due to the war in Ukraine.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. YOY growth this holiday season, whereas department stores will only see a 0.3%

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Identifying the ‘Faces’ Behind Faceless Online Transactions

Retail TouchPoints

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. In 2019 , the total market share of online U.S. By exceeding these thresholds, merchants not only risk fines and fees, but also a network refusing to process further payments altogether.

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Marks & Spencer Reports Strong Full-Year Results for 2024

365 Retail

Marks & Spencer (M&S) has released its financial results for the 52 weeks ending 30 March 2024, demonstrating a notable recovery and growth across its business segments. The company reported a significant increase in revenue, driven by strong performances in both its food and clothing sectors. billion, a 9.9%

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July 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. As the most efficient, scalable way to buy digital ads, programmatic should be a strategy every marketer considers in 2021. of consumers say they shop in-store, while 31.9%

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5 Things for Apparel Brands to Know About the Circular Economy

ESW

In 2022, circular economy revenue totaled US$338.88 Clearly, it is time for apparel companies to start changing the way they manufacture, source and market their products, making moves to recycle, reduce and reuse. In fact, the secondhand clothing market is growing faster than any other channel in the U.S., billion by 2026.

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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

As the most efficient, scalable way to buy digital ads, programmatic should be a strategy every marketer considers in 2021. Amazon shoppers who buy from a small business before June 20 will also get a $10 Prime Day credit. Amazon’s revenue increased 35% last year despite a $4 billion loss in Q2 due to the pandemic.