Thursday, January 21, 2021

The evolution of the shopping mall: What consumers want

Retail Dive
On Cyber Monday, the retail industry achieved a new milestone — the single largest e-commerce day on record with $10.8 billion in sales. According to a report from Creditntell, this represented over a 200% increase from 2016 Cyber Monday sales. Sensormatic Solutions shared that physical store traffic declined 49% for the four-day holiday weekend. Black Friday weekend confirmed that traditional brick-and-mortar retailers face an uphill battle as they enter the new year. . . . more