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RetailWire Discussion: Catalog Deliveries Made Via iPad
By George Anderson,
Editor-in-Chief,
RetailWire
While some merchants have either reduced the numbers of paper catalogs they send out every year or eliminated them entirely in favor of the online channel, retailers still mailed roughly 20 billion catalogs to American consumers in 2010, according to The Wall Street Journal.For those looking to cut down on postage while still putting...Continue Reading »
Deloitte Predicts Modest Holiday Sales Increase
Several dampening economic factors should keep 2010 holiday sales in check, according to a new prediction from Deloitte.2010 Holiday Sales Expected to Reach $852B
Deloitte is forecasting retail sales for the November 2010 – January 2011 holiday season will total $852 billion, a 2% increase from about $835 billion in the same period last year (excluding motor vehicles and gasoline)....Continue Reading »
Average Family Completes Close to Half of Back-to-School Shopping
The average US family has completed 43.2% of their back-to-school shopping, according to new data from the National Retail Federation (NRF) and BIGresearch.2010 Spending Outpaces 2009
Results from the Back-to-School Consumer Intentions and Actions survey indicate that at the equivalent time period last year, the average American family had only completed 41.6% of their back-to-school...Continue Reading »
Mother’s Day Spending Should Increase
Consumer spending for the upcoming Mother’s Day holiday (May 9, 2010) should improve slightly from 2009, according to two recent studies.NRF Predicts 2% Average Spending Lift The National Retail Federation (NRF) is predicting the average person will spend $126.90 on Mother’s Day this year, up 2.4% from $123.89 in 2009. Total spending is expected to reach $14.6 billion, a 3.5% lift...Continue Reading »
Online-only Retailers Satisfy Holiday Shoppers
Online-only retailers delivered higher levels of customer satisfaction than their brick-and-mortar counterparts during the 2009 holiday season, according to [pdf] a post-holiday survey conducted by advertising agency Allen & Gerritsen.Online Retailers Lead in Satisfaction When asked to rate their holiday shopping experience by channel, 82% of shoppers found their experience at...Continue Reading »
Retail Facebook Update
The retail industry is increasingly turning to social networking sites as a new means of connecting with customers. Facebook, which reports more than 200 million active users worldwide, is especially popular with retailers.Although Facebook was founded in 2004 as a service for registered Harvard University students only, it has since expanded to become a completely open service and says...Continue Reading »
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Talbots Restyles Online Customer Experience
Specialty women’s apparel retailer The Talbots, Inc. is relaunching its e-commerce site with new functionality, features and personalization designed to align its online shopping experience with in-store product offerings and catalog customer service.Updated online features include a “New and Noteworthy” section offering videos of current apparel products, a “look book” with...Continue Reading »
Court Approves Cash Bid for Eddie Bauer - Update
Bankrupt outdoor specialty apparel retailer Eddie Bauer Holdings, Inc. has received U.S Bankruptcy Court approval for an all-cash bankruptcy auction bid of $286 million from Golden Gate Capital. The bid, which was selected as the highest and best offer, received court approval on Wednesday, July 22; with the sale expected to close in early August.
The Golden Gate offer will maintain the...Continue Reading »
Ross-Simons Celebrates Brinkley Partnership
Multichannel specialty jewelry retailer Ross-Simons is partnering with model Christie Brinkley to launch a new line of jewelry called CeleBrate this month. The collection features close to 100 pieces, some including Brinkley’s initials incorporated into them.The CeleBrate necklaces, rings, earrings and bracelets are designed to be matched and layered for casual or evening wear and span...Continue Reading »
L.L. Bean Will Lay Off Up to 250
Outdoor specialty retailer L.L. Bean, Inc. will lay off between 200 and 240 employees at its Maine corporate headquarters this year, as well as about 12 store-level employees, in the wake of an 8% drop in annual revenue.According to Layoff Tracker, Chris McCormick, president and CEO of L.L. Bean, sent the retailer's 5,400 employees a letter saying voluntary retirements offered in...Continue Reading »