Overall spending grew 4.7% this holiday season, according to First Data. However, the big winner was once again e-commerce.
Sears Holdings Corp. CEO Eddie Lampert will offer a $200 million letter of credit to the department store chain through his firm, ESL Investments Inc.
One in five customers would stop shopping at a store where they knew a system had been hacked.
Thus far in the holiday shopping season, online sales in the U.S. have reached $1 billion every day, with one exception. According to data from Adobe Digital…
Beacon detections were up 370% on Black Friday 2016 versus the same shopping day in 2015, according to beacon platform inMarket.
ECoupon redemption is expected to double in the next five years, reaching $81 billion in 2021, according to Juniper Research.
Amazon leads retailers for largest toy and game assortment with more than 5 million items, compared to about 100,000 for other retailers.
Online holiday shopping is expected to rise 18% this year, according to the 2016 Holiday Shopping Forecast from Visa.
Chatbots and messaging apps have now surpassed phone and email as the most popular channel for consumers to interact with retailers.
According to a new inMarket survey of in-store mobile shopping behaviors, only 8 percent of shoppers were actually using the app of the retail store where they…