Tag Archives: Holidays

Target’s Deal Days event drives an uptick in store traffic: report

Dive Temporary: Signaling the success of recent retail holidays, Goal’s foot site visitors elevated by 3.2% in the course of the week of October 3-9, 2022, in comparison with October 4-10, 2021, in response to a Placer.ai report.  The October Deal Days occasion, which ran Oct. 6-8, attracted practically 28% extra common every day visits from…

Over a third of retail execs are taking measures to clear inventory: study

Dive Temporary: As retailers put together for the vacation season, an Accenture survey of 150 retail executives discovered almost all of them (99%) stated they’d elevated their promotional exercise and availability ensures (98%) as a part of their vacation plans. Greater than a 3rd (37%) stated their firm is stockpiling objects to make sure they’ve…

UPS expects holiday package surge to peak later this year

Dive Temporary: UPS expects package deal volumes to peak later within the month of December in comparison with 2021, as shoppers shift nearer to pre-pandemic behaviors by procuring later within the season, CEO Carol Tomé stated on an earnings name Tuesday. The corporate additionally anticipates its volumes will develop at a barely decrease fee from…

Target triples Apple shop-in-shops ahead of holidays

Goal and Apple are deepening their relationship with added shop-in-shops and tech perks tied to the retailer’s loyalty program.  The variety of Apple shop-in-shops inside Goal shops has tripled this 12 months, to over 150 areas, the retailer stated in a press launch. The 2 firms began with simply 17 areas in early 2021.  The…

Amazon warns that profits could vanish in Q4

Dive Temporary: Amazon on Thursday stated its third quarter retail e-commerce gross sales rose 7% 12 months over 12 months to $53.5 billion, as bodily retailer gross sales rose 10% to $4.7 billion. Income from companies grew extra, with market vendor companies up 18 % to $28.7 billion, promoting up 25% to $9.5 billion and…