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Trends / Statistics News

Survey: Very few consumers report excellent customer service

March 30, 2018

Businesses may have an inflated view of customer service levels given a new survey that reveals just a minor number of consumers have experience excellent…

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Retail jobs grew by 46,000 in February

March 28, 2018

The number of retail industry jobs increased by 46,400 in February and the National Retail Federation calls it a "significant positive sign" for the industry…

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Consumers love interactive content, reveals report

March 27, 2018

Today's consumers are still focused on price when it comes to the purchase decision but the importance of the shopping experience is gaining traction…

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Easter spend expected to be very robust

March 26, 2018

Easter spending is predicted to hit $18.2 billion, nearly as high as last year's record-setting $18.4 billion, according to a National Retail Federation and…

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The try-before-you-buy trend spurring a returns tsunami, claims study

March 26, 2018

Retailers offering a try-before-you-buy strategy are experiencing a surge of intentional returns that may undermine profits, according to a new Brightpearl…

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Women like online shopping more than men, claims report

March 20, 2018

When it comes to ecommerce and online shopping it's women who are enthusiastic as male consumers tend to prefer shopping in brick-and-mortar retail locations.

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Report: Technology essential for retail

March 9, 2018

A new GlobalData report reveals choosing the right digital technology is essential for retailers striving to survive and differentiate their brand.

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Millennials willing to pay more for a top mobile experience

March 8, 2018

Millennial consumers are willing to spend more if the return is a five-star mobile experience, according to a Worldpay research report.

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Valentine's Day shoppers heading into stores for gifts

February 13, 2018

A Citi Retail Services survey reveals nearly half, 48 percent, of consumers seeking to buy a Valentine's Day gift will walk into a store.

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Consumer chatbot adoption facing some hurdles

February 13, 2018

While artificial intelligence and chatbots are clearly proving useful for retailers when it comes to improved customer enagement and experience, consumers are…

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Survey: Data, top tier buy-in are key to successful customer experience

February 9, 2018

Retailers aiming to shore up the customer experience, and return on investment with CX technology, need to focus on getting executive support and ensuring…

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Apparel sales on a comeback, claim industry watchers

February 9, 2018

The robust holiday sales season at the end of 2017 is likely spurring what some are calling a comeback for the retail apparel sector.

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Consumers love online search but are still buying in stores

February 8, 2018

A new research report reveals seven in 10 consumers are searching online for products but are heading into a brick-and-mortar retailer to make the purchase.

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Best Buy doling out employee bonuses

February 8, 2018

The country's top consumer electronics retailer intends to hand out bonuses to more than 100,000 employees due to the new corporate tax reform law.

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Consumers like self-service more than associate interaction, reveals survey

January 24, 2018

If consumers have a choice they're more likely to tap self-service technology versus interacting with a retail sales associate, according to a SOTI survey.

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Business agility key priority but no one wants to spearhead it

January 23, 2018

A West Monroe Partners survey reveals that while business agility is a top focus, few executives are willing to take ownership of the critical strategy.

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Study: Retail industry sales growth to hit 3% annually through 2021

January 23, 2018

The retail industry sales outlook is pretty healthy, with a 3 percent annual growth rate through the next three years, according to a Zebra Technologies-IHL…

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JD.com debuts first store in new high-tech supermarket chain

January 8, 2018

Chinese ecommerce player JD.com is opening the first of what will be a chain of high-tech supermarkets in Beijing.

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Store closures will hit 12K in 2018

January 5, 2018

The start of the new year will bring a "rash" of bankruptcy filings and store closing announcements, according to a Business Insider report that cited data…

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Tax bill may impact retailer strategy in several ways

January 4, 2018

Retailers will likely be hiring less workers and embracing automation technology due to the new federal tax laws.

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