Amazon has won contracts to install package lockers at complexes across the country that have a total of more than 850,000 apartments. The Hub by Amazon lockers will be available only to residents and will handle packages from all carriers and sellers, including Amazon.
Amazon has leased the top six floors of the Macy's flagship in downtown Seattle, where its 312,000 square feet will be big enough to house around 1,500 staffers. Macy's will continue to operate its store, which today takes up the ground floor and basement of the building.
Legos, robots and low-tech board games are expected to be top sellers this holiday season, according to Amazon's hot toy forecast. Retro toys like Spirographs and perennial favorites including Barbie are also on the list.
Brick-And-Mortar Retailers Fight Back APT with research from The Economist Intelligence Unit: Don't take the online threat lying down. 250+ global executives weigh-in on how to fight back. Download the full report to read more.
ShareIQ's Johannes Scharlach explains why Pinterest is essential to retail advertisers, enabling them to capture consumers at exactly the right browsing moment by targeting them when they've pinned branded content. Optimize images with descriptions that include hashtags, website links and category keywords, he advises.
BlogLovin' created an Instagram poll to ask influencers on the platform if they've tried the new feature, and 66% responded that they had and 87% said they'd use polling in the future. HYPR's Gil Eyal says brands have been slow to try the tool but that it "offers brands and influencers a new form of social engagement" by making consumers feel as though they have a more active role in shaping brand decision-making.
The holiday season is the biggest consumer spending event of the year. And, holiday spend is on the rise, meaning more opportunity for retailers to capture spend - and increased competition for the larger pool of sales. Cardlytics, a purchase intelligence platform, sees three spend trends retailers need to know to drive sales this season. Read the full blog post
US online retail sales are set to top $1 trillion in a decade, up from $445 billion this year, according to a forecast from FTI Consulting. Twelve percent of retail sales happened online in the past year, accounting for 50% of total sales growth, the forecast found.
Three-quarters of online shoppers still buy their groceries in person most or all of the time, according to a Reuters/Ipsos poll. Still, US online grocery sales are on track to grow to $100 billion, or 20% of total grocery sales, by 2025, according to a forecast from Nielsen and the Food Marketing Institute.
NRF's 4-5-4 calendar ensures sales comparability between years by dividing the year into months based on a four-weeks/five-weeks/four-weeks format. The voluntary guide for the retail industry also establishes sales release dates, which have historically been on the first Thursday following the month's end. Learn more and download calendars.
The Walt Disney Company has a strong tradition of investing in both technology and people to bring stories to life. At NRF's Shop.org conference, Michael White, senior vice president and chief technology officer at Disney Consumer Products and Interactive Media, shared how the company invests in people and technology to succeed in the digital economy. Watch the keynote.