retailers

A person walks past a sales advertisement at Saks Off 5th Department Store ahead of the Thanksgiving holiday sales in Washington, DC, November 21, 2023.Saul Loeb | AFP | Getty ImagesThere's a dark cloud hanging over Black Friday.A slew of retailers have issued tepid, cautious or downright disappointing fourth-quarter outlooks over the last few weeks, casting a pall over the crucial holiday season right as they gear up for the biggest shopping day of the year.The companies, which include everyone from luxury goods giant…

Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with some selling models up to CNY 900 ($123 or roughly Rs. 10,229) below the retail price.Analysts say the iPhone 15 has not been selling as well in China as its predecessor. Counterpoint Research said last week that iPhone 15 sales in China were down 4.5 percent versus the iPhone 14 in the first 17 days after its market launch.Apple, Pinduoduo and Alibaba did not immediately…

Last year, smartphone brands launched an early onset to festive season sales in a bid to clear inventory and drive demand. This, however, couldn’t save the segment from seeing one of its biggest dip in shipments in the September quarter, which precedes the festive season period. Market research firm International Data Corporation (IDC) tabulated a 10% year-on-year (y-o-y) decline in shipments during this period. The industry analysts and retailers, whom Mint spoke with, projected…

Credit: Pixabay/CC0 Public Domain It's become easy to order items thanks to the miracles of online shopping. But it's not so simple on the retailer end, especially when more than 16% of those sales are later sent back. In the U.S., that adds up to a staggering $816 billion in lost revenue. Cross-selling can help, say a pair of…

Credit: The Conversation Back-to-school sales are underway, and people across the country will be shopping online to fill up backpacks, lockers and closets—and they'll be taking advantage of free returns. Making it easy for customers to return items at no cost started as a retail strategy to entice more people to shop online. But…

For any number of reasons, some people might not want to shop at Amazon, regardless of how low Prime Day discounts go. So it’s good news that the sale prompts other retailers, including Walmart, Target and B&H Photo to also offering some pretty strong deals of their own — some of which match or beat those at Amazon. We’re also seeing sales on devices the super e-retailer doesn’t typically carry, like the Google Nest Hub and the Apple HomePod. Here are the best anti-Prime Day sales from outlets that aren’t Amazon. Sony…

Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado.Brent Lewis | Denver Post | Getty ImagesBy striking down student debt forgiveness Friday, the U.S. Supreme Court not only added a hefty expense back into millions of Americans' budgets. It also created the latest challenge for retailers already struggling to predict how consumers may spend in the coming months.The court's decision squashed President Joe Biden's plan to forgive up to $20,000 per borrower in federal student loan debt. Student…

The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices. The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner…

The annual Amazon Prime Day event runs from July 11-12, but many of the best deals are already available, if you’re an Amazon Prime member.Uh Oh, Amazon Bought Your Favorite Robot CompanyAmazon Prime Day was created for one reason, to get people to sign up as Amazon Prime subscribers. But the mini-holiday, launched in 2015, has succeeded far beyond its original intent and has given birth to an entirely new shopping season for Amazon and for its many retail competitors, both online and brick-and-mortar. Target, Walmart,…