The Hub Magazine wrote a segment in their April issue titled, “Trading Places: Retail is Where Cyberspace Meets the Marketplace,” in which they discuss with several retail CEOs where they draw their inspiration and what they see as a positive way to run retail, both online and in stores. After being asked what is a best-kept secret of retail, Jon Abt responded, “Keeping it simple, focusing on the customer and listening to…
U.S. online holiday sales from Nov. 1 through Dec. 26 increased 15% from a year ago, which brings a total spent up to $35.3 billion, according to the latest figures from comScore. For the week ending Christmas Day, online retail spending was up 16% to $2.8 billion. By the end of December, the Web research firm has forecast online holiday spending will reach $37.6 billion.…
It looks like the economy may be in an upswing. Master Card is reporting consumer electronics sales are up 6% in February 2010. This increase was over a one year period, following a slight climb in sales by 0.4% in January. Despite the horrible storms in the Northeast, Mid-Atlantic, and North Central regions of the country, consumer electronics sales have steadily risen and are continuing to do so. Another retail sector that…
