Omnichannel

retaildive | March 12, 2018

New research from L2 reports that 62% of retail brands now offer in-store inventory on product detail pages. The study, "Omnichannel: Pathways to Success" said the year-over-year number was up dramatically from 35% in 2016. Of the sectors studied by L2, specialty retail brands made the most improvements in omnichannel competency, seeing a 75% increase in adoption of the analyzed site features. While 71% of retail brands use geolocation within their store locators, only 60% of those bra...

retaildive | December 06, 2018

The Children's Place on Thursday reported that third quarter net sales rose $32.5 million or 6.6% to $522.5 million from $490 million in the year-ago quarter, primarily driven by a 9.5% retail comparable sales rise and some $5 million from new revenue recognition rules, partially offset by about $14 million hit because of last year's extra selling week. Digital sales rose 38% to 29% of net sales.Net income reached $49.9 million in the quarter, up from $44.1 million in the year-ago quarte...

supplychaindive | November 28, 2018

Multimillion dollar supply chain investments to create an integrated omnichannel experience for consumers paid off during the Thanksgiving shopping rush, according to new data from the National Retail Federation (NRF). The number of shoppers making purchases both in person and online reached 89.7 million, up nearly 40% from last year. Consumers shopping through multiple channels spent an average of $93 more than single-channel shoppers. Customers continue to use online stores to research in-stor...

retailcustomerexperience | December 25, 2018

When it comes to shopping most consumers, 70 percent, like a brand that offers both online and in-store shopping experiences, according to a DXC Technology survey.The data disputes an often-heard claim that brick-and-mortar is diminishing as a prime retail presence. The survey, according to a press release, revealed 36 percent of consumers buy in the store after online product search activity, and 94 percent view a store associate's help as important when it comes to feeling confident on a p...