Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts and bought more on their mobile devices, heralding a promising start to the key holiday season.
Amazon.com Inc said it would hire 120,000 workers in the United States this holiday season, same as last year, joining a list of U.S. retailers cautious about their hiring plans amid an improving job market.
It is expected that the retail sales for 2017 is likely to increase between 3.2 to 3.8 per cent rather than the 3.7 to 4.2 per cent forecast in February this year, according to the National Retail Federation (NRF).
Long-time traditional retailer Ascena Retail Group — parent company of Ann Taylor, Dress Barn, Lane Bryant and Maurices — has ranked third in the Hot 100 Retailers published by the National Retail Federation (NRF).
Euclid's Evolution of Retail, 2017 Generation Z Shopper survey report found that 26% of Gen Z shoppers want personalized shopping experiences based on their preferences, and 45% use Instagram for brand discovery.