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Log In / Register | Nov 18, 2017

Retailers Send Mixed Signals to Customers on Mobile Payment

Tim Cook announced Apple Pay on September 9 as part of the introduction to the iPhone 6. Available only on the new hardware, it went live on October 20. By most accounts, it works well for those who use it. I’ve been unable to come up with any kind of transaction volumes, but with a total of only ten million iPhone 6’s in circulation, I suspect volumes are quite low.

July 4th Provides Fireworks for Retailers

Fireworks
photo/sniegowski

NEW YORK – The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index rose relative to its prior week by a solid 1.7 percent for the Independence Day Holiday week that ended July 5.

May Retail Sales Strong

NEW YORK – U.S. chain-store sales posted a strong gain of 4.8 percent for the fiscal month of May on a year-over-year basis, according to a tally of comparable-store sales compiled by the International Council of Shopping Centers (ICSC).

Net Income for Shopping Centers in Q3 Hits Historic High

NEW YORK – The U.S. shopping center industry has just posted its highest net operating income (NOI) per square foot in history. It grew at 7.4% year-over-year gain in the third quarter.

Consumers Expected to Spend $285 on Back-to-School Shopping

NEW YORK – The back-to-school shopping season is underway with 29 percent of U.S. households reporting that they have begun to shop.

Mobile Is The Perfect Home for Couponing

I came across an opinion column on Retail Customer Experience's web site, an opinion posted by Jeff Weidauer, VP Marketing at Vestcom International. In his column, he lays out reasons why he believes that coupons will become obsolete, and mobile coupons are merely delaying their inevitable obsolescence.