Retail sector experiences subtle decline in India
According to a new report from KPMG, the strength of the retail sector in India is waning due to the closure of several big-name brands. Continue reading
Monthly Archives: April 2012
Mobile wallets may surpass cash, credit cards by 2020
Contactless payment methods are slated to become the norm by 2020, according to a recent report from the Pew Internet & American Life Project that polled a panel of technology experts. Continue reading
British consumers shopping more from tablet devices
In the first quarter of 2012, the number of British consumers performing retail searches from tablet devices grew 11 percent compared to the same time a year earlier, highlighting the importance of considering these devices as retail merchants plan their engagement tactics. Continue reading
Retail Pro International launches latest release of the Retail Pro software
Retail Pro® 9.2 Revision 5 has been released and is now available. This release focuses on addition of new functionality in the area of Customer Loyalty and UPC Reuse, as well as some reworking and enhancement of some existing functionality in serial numbers. Continue reading
Warm weather buoys British high-street spending
Unusually warm weather encouraged more British shoppers to leave the house and spend money, according to a new report from the British Retail Consortium’s monthly health check. Continue reading
Reviews have more influence on purchase decisions
One of the biggest advantages to shopping online, from the perspective of consumers, is being able to conduct research quickly and efficiently. Continue reading
Retail merchants pleased with ecommerce, many plan to invest more
A whopping 81 percent of senior retail executives are satisfied with the return on investment of their ecommerce activities and now many are planning to reinvest in their digital store operations, according to a new report from the E-tailing Group. Continue reading
Consumers are spending more money less frequently
Rather than conducting a greater number of transactions online, many shoppers are spending more money per order less frequently, new research from Dydacomp suggests. Continue reading
Deloitte Consumer Spending Index continues growth
Deloitte’s Consumer Spending Index, which evaluates tax burden, initial unemployment claims, real wages and real home prices, was up 1.8 points in March, marking only the third time the index has risen in the past 12 months – a good sign for retailers banking on better sales this year. Continue reading
American retail industry to hit $4 trillion in 2012
Whether merchants are a part of an international chain such as Walmart or Target or they own a small one-off specialty store, they are a part of the American retail sector, which Research and Markets anticipates will hit upward of $4 trillion this year. Continue reading
