top of page
  • Writer's pictureLauren Goldberg

Retail Roundup - Top Retail Stories - November 2018








It's all about holiday shopping this month.....

Hot Topics

Black Friday? Cyber Monday? Small Business Saturday? Words don’t matter as the holiday selling season is all month long


The hype:


You get free shipping, you get free shipping, EVERYONE GETS FREE SHIPPING – Amazon offers free shipping with no minimum for all shoppers & Target matches. https://www.cnbc.com/2018/11/05/amazon-drops-free-shipping-minimum-heating-up-fierce-competition-for-holiday-sales.html



Study predicts over 70% of Americans to shop over holiday weekend - https://www.retaildive.com/news/71-will-shop-thanksgiving-weekend-cyber-monday/542683/


In the first holiday season without Toys R Us, the big question is who is going to win the toy war - https://www.cnbc.com/2018/11/21/parents-should-shop-for-toys-early-this-holiday-season.html


The reality:

People LOVE Instant Pots as Kohls sells 1 per second on Thanksgiving Day - https://www.cnbc.com/2018/11/23/kohls-hits-record-sales-day-online-on-thanksgiving.html



For some retailers, their websites experienced technical difficulties due to increased traffic (I’m looking at you, Lowe’s & J. Crew) –



Cyber Monday was a record breaking day, with almost $8B spent online - https://www.retaildive.com/news/cyber-monday-spending-hits-record-79b/543022/


Omnichannel retail is the real Black Friday winner as almost 90M people shopped both in-store and online during the holiday weekend - https://www.retaildive.com/news/omnichannel-thanksgiving-retail-winner/543151/











Comings and Goings

Lowe’s announces plans to shutter 50+ stores, after the company already closed all Orchard Supply stores earlier this year - https://www.cnbc.com/2018/11/05/lowes-to-shut-underperforming-stores-in-the-us-and-canada.html


Sears’ plans to close 40 more stores and no, it’s not groundhog’s day - https://www.cnbc.com/2018/11/08/sears-to-shut-40-more-stores-early-next-year.html


Gymboree looking at shuttering half of its retail footprint - https://www.retaildive.com/news/reuters-gymboree-could-close-half-its-stores-file-




Macy’s testing a small format “neighborhood” stores. Extra space to be used to bring in other retailers, open more “Backstage” off price locations or create mini-fulfillment centers.



What story was most impactful this month? What did I miss?


24 views0 comments

Comments


bottom of page