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Are Retailers Ready For Amazon?s Prime Time?

PYMNTS

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. I’ve been a Whole Foods shopper since I moved to Boston 17 years ago for the same reasons that each of you may be too: organic meat, seafood, produce and foods, great bread and cheese and a fun vibe. Prime Time at the Grocery Store.

Retail 156
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Why The Mobile Shopping Experience Needs Retail

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According to recent research , mobile commerce is expected to grow at a more than 30 percent rate through 2022. But, while more consumers are heading to mobile retail channels, the personal experience and ability to touch and preview items in-person offered by physical stores still holds allure for roughly 70 percent of shoppers.

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Data: Luxury Goods Sales May Drop 35 Pct This Year

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While sales fell 25 percent in the first quarter, the slowdown is expected to accelerate in the second quarter and could lead to an estimated contraction by as much as 35 percent for the year, said the Boston-based investment firm. Online luxury has remained resilient, while brand name stores and department stores have seen sharp drops.

Data 151
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Shopping Malls Are Evolving, But They’re Not There Yet

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Are shopping malls doomed to fall by the wayside along with retail trends of the past? This year, Boston Retail Partners principal analyst Ken Morris shared his thoughts with Glossy on the closing department stores and what’s happening as a result. Not quite yet. But what’s interesting is what’s happening to the good malls.

Retail 133
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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

And you can see it in the hustle by retailers and brands large and small to pivot their businesses and business models — and the disclaimers on just about every retail site starting a week or more ago that orders placed online might not make it in time for Christmas. percent of all retail sales. consumers — 47.2

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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

Put on a Retail Happy Face. Yup, physical retail is doing just fine — despite all the talk of doom and gloom. Yet, according to Fung Global Retail & Technology, 6,985 stores closed in 2017 , up 229 percent from 2016, and well above the number of stores which closed in the year that started physical retail’s death spiral: 2008.

Big Data 135
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SnapChat Fresh Stories Show U Supermarkets’ Shoppers Where Fish Came From, Guarantee Freshness

PYMNTS

U supermarkets’ Fresh Stories guarantee more than freshness — they also create transparency along the supply chain, showing that U is partnering with local and small businesses, which are trademark values of the brand. locations by the end of 2022, which would make Aldi the third largest grocery chain in the country by store count.