Remove 2016 Remove Millennials Remove National Remove Online
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Baby Boomers Vs. Millennials: Eerily Similar?

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While most millennials were brought up in the age of the computer, baby boomers can remember a time when they weren’t surrounded by technology. It’s a peculiar dichotomy to compare millennials to their parents’ generation, the baby boomers. percent, millennials (who are in part to blame for this) aren’t the main contributing factor.

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The Driving Force Behind Online Apparel Sales

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A new study from the NPD Group revealed how changing consumer needs and the evolving retail marketplace contributed to increased online apparel sales in the U.S. Dollar sales for women’s, men’s and children’s apparel grew by 3 percent in 2016, reaching $218.7 Last year, online sales represented 19 percent of total U.S.

Online 101
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Survey: Half Of US Shoppers Prefer ‘Experience Gifts’ To Material Items

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A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016. Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. Analysts started to notice the trend at the time.)

Survey 140
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Survey: Half Of US Shoppers Prefer ‘Experience Gifts’ To Material Items

PYMNTS

A desire for experiences, homemade gifts and secondhand products has been on the rise since 2016. Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. Analysts started to notice the trend at the time.)

Survey 131
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Walmart Hits With Grocery, Misses Online

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Walmart acquired Jet.com for roughly $3 billion in September 2016, followed by a series of eCommerce investments throughout 2017, including Bonobos, ModCloth and Moosejaw. McMillon also noted that the switch to more online sales is taking something of a toll on profit margins, as digital sales are generally less profitable than in stores.

Online 100
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Walmart Finds Buyer For ModCloth

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We believe that together with current management, ModCloth has the ability to become a stronger player in the premium fashion market, nationally as well as internationally,” Go Global’s Managing Director Jeff Streader said in a press release. While Jet was supposed to reach urban dwellers and millennials, it has not driven traffic.

Retail 129
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Grocery Tracker: Time Crunch

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Murray’s Cheese and Kroger have been partners for nearly a decade, with the national grocer selling the cheese shop’s products in its supermarkets. In late 2016, Kroger began testing sensor and analytics technology to let shelves and products interact with shoppers. Online grocery sales in 2016 represent about 4.3