Remove 2001 Remove Online Remove Retail
article thumbnail

How (And Why) Major Retailers Are Embracing Print Catalogs Again

PYMNTS

The holiday season is the time for nostalgia and tradition, and that is the case here at PYMNTS, where even amid our coverage of the newest retail trends, we sometimes get the warm-and-fuzzies. It led us to wonder, going into the heart of the fourth quarter and then into 2020, about the status of that old standby, the retail catalog.

Retail 133
article thumbnail

Holiday Retail Sales To Hit Highest Since 2005

PYMNTS

Procrastinators and internet shoppers saved the day this holiday season, transforming what was a slow start into the best holiday season for retailers in years. Meanwhile, Mastercard found in its SpendingPulse survey that retail sales, which exclude cars and gas, increased 4 percent. percent, up from 4.1 percent, noted the report.

Retail 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mall Vacancy Rate Reaches 20-Year High Of 9.7 Pct.

PYMNTS

Although earlier reports of a retail apocalypse were overstated at first, the latest statistics seem to indicate “that the scales may have tipped,” said Barbara Denham, senior economist at Reis. percent with the 2001 recession and hit 9.4 Overall retail sales from Nov. Gap and Victoria’s Secret also announced closure plans.

article thumbnail

Retail Pulse: Williams Sonoma Opens, Closes Doors

PYMNTS

More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. Seeking Alpha dove into the details, noting first and foremost that revenue per share has risen steadily between 2001 ($18.23) and 2017 ($63.21), with the exception of two years during the Great Recession.

Retail 102
article thumbnail

Can Sports And Entertainment Really Spark Mall Revivals?

PYMNTS

Long live physical retail. In particular, all retail anchor stores have been spoken for — which is critical for malls because those locations, typically department stores, are key in driving foot traffic.”. Granted, retail does not get all the credit for this. percent with the 2001 recession and hit 9.4 Online Brands.

article thumbnail

Warehouse Space Going For Premium Rates

PYMNTS

Brick-and-mortar merchants are far from being free from the problems that plague their particular brand of retail, but even they have to look at online retail rising rents for warehouse space with a little bit of mirth. percent — the lowest such figure since 2001. As of Q2 2016, industrial warehouse space declined by 8.8

Honolulu 100
article thumbnail

For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. But catalogs can work, as 1stdibs and other retailers have learned.

Retail 214