Posted by Catherine Straut on November 25, 2014 04:27 PM
Old Navy is making a major push this holiday, including launching a new multichannel holiday ad campaign intended to drive customers to its stores on Black Friday—and lining up at its stores on Thanksgiving.
The mid-market apparel retailer is bucking the protests over businesses opening on Thanksgiving Day by opening its doors at 4 p.m. local time, which it's promoting with the return of its Overnight Millionaire sweepstakes.
To enter, shoppers must be one of the first 100 people in line at a store on Thanksgiving, which the Gap Inc.-owned brand is promoting with its departing brand ambassador, Amy Poehler.Continue reading...
Posted by Sheila Shayon on November 24, 2014 12:15 PM
Apple and (RED) are refreshing their campaign for AIDS awareness in time for the holidays, starting with a new app-based sales initiative.
From now until December 7th, many fan-favorite apps in the Apple Store will offer fresh content and upgrades, with all proceeds going directly to the Global Fund to fight AIDS in Africa. Called "Apps for (RED)," the campaign's participating roster includes Garageband, Clear, Monument Valley, FarmVille 2, Angry Birds, Threes, Paper, Cut the Rope, FIFA 15, Rayman Fiesta Run and The Sims, among others. Neither the app developers nor Apple will take a cut.
As part of the commitment, Apple is donating a portion of the sales revenue from its retail and online stores on two of the biggest shopping days of the year—Black Friday (Nov. 28) and Cyber Monday, Dec. 1—which also happens to be World AIDS Day. Continue reading...
Posted by Shirley Brady on November 20, 2014 05:05 PM
Nike today opened its first women's-only store—in Newport Beach, Calif.—a week ahead of lululemon athletica opening its first men's-only store—on the opposite coast, in New York—on Black Friday.
The move makes sense given that Nike expects its women's business to grow to $7 billion annually by 2017, from about $5 billion currently.
Its second women’s-only store will follow quickly, opening on Nov. 29—not in the U.S. but in Shanghai, China, the only women's stores it has announced so far.Continue reading...
Posted by Mark J. Miller on November 20, 2014 12:09 PM
Black Friday will soon be upon us, and hopeful retailers are doing all they can to prepare themselves for the onslaught of consumers that will materialize when they throw open their doors. One business going the extra mile this year certainly doesn’t have to worry about opening times or making people wait out in the cold: Amazon.
The e-commerce giant has pushed retail boundaries in the past during the holiday season, such as the controversial app it launched back in 2011 that promoted "showrooming" by encouraging shoppers to check prices of items in brick-and-mortar stores and then buy it cheaper on Amazon. Clearly, the company wants the biggest piece of the holiday-shopping pie that it can get.
This year, Amazon has a few tricks up its sleeve, including hiring more workers—of the automated kind—and tying in with one of the hottest apps with millennials these days.Continue reading...
Posted by Abe Sauer on November 12, 2014 01:17 PM
Another record Nov. 11 Singles Day in China has come and gone. Many brands joined in the e-commerce fray, including global ones like Zara and Tesla. Over 27,000 merchants registered with Alibaba to participate in this year's holiday sale—up from only 27 merchants back in 2009—and all of them had a big massive day.
Alizila, Alibaba's corporate news site, gave a breakdown of the brands that won the day. Chinese brands, naturally, did brisk business at a breakneck speed, particularly the smartphone phenom Xiaomi and appliance giant Haier—but Western brands fared well, too.Continue reading...
Posted by Sheila Shayon on November 7, 2014 03:59 PM
China's relatively new Singles Day e-commerce promotion on 11/11 has become the biggest shopping day worldwide, breaking more sales records each year since its inception.
Beginning in 2009 with 27 brands, the event was so big last year that banks were overwhelmed with transactions from Chinese retailers like Alibaba's Taobao Marketplace and Tmall.com, which logged $5.75 billion in sales—more than twice what U.S. retailers made on Cyber Monday in 2013.
Now forecasters are calling for a sales haul that could surpass $8 billion worldwide, and 11/11 mania is spreading worldwide. Continue reading...
Posted by Dale Buss on October 30, 2014 01:28 PM
In the 90s, Kohl's challenged JCPenney, Sears and other former kings of retail with what then was a revolutionary formula: name brands, affordable prices, heavy promotion and shopper convenience. Kohl's leveraged this formula to nationwide expansion in the U.S. and knocked its rivals out of the park.
A couple of decades later, its momentum slowed, CEO Kevin Mansell and Chief Customer Officer Michelle Gass are promising to lead the king of mid-market apparel retailing out of its long wilderness.
Admitting that its stores "haven't been the most inspiring," Mansell revealed a "complete change in the way we run our business," including a new look and feel, a refreshed inventory that's now customized by store (not region), more big-name brands, and the promise of "surprise" and delight in stores under the banner "Find Your Yes."
And then there's its Thanksgiving/Black Friday plans.Continue reading...
Posted by Abe Sauer on October 28, 2014 10:32 AM
November 11 is why Alibaba's recent IPO set a $25 billion record-breaking debut. Last year, on China's Nov. 11 "Singles Day" holiday ("光棍节" or "双11"), Alibaba's Taobao (Tmall.com) and others recorded 35 billion yuan or RMB (US$5.75 billion) in sales.
It was a world record for single day online sales—one that Taobao intends to break this "11.11" with an estimated 26,000 vendors set to participate in the world's biggest shopping event for a project $8 billion payday.
This year, Tesla and Zara are in the mix with new Tmall stores, while the e-commerce portal's success has many other brands and e-tailers in China and beyond looking to skim some of the cream off the top. Continue reading...