Christmas and holiday season

Christmas Central Named a Top U.S. Online Retailer

Thursday, May 27, 2021 - 4:31pm

Christmas Central has been named one of the top 50 specialty retailers, and the top 1000 ecommerce retailers in the U.S.

Key Points: 
  • Christmas Central has been named one of the top 50 specialty retailers, and the top 1000 ecommerce retailers in the U.S.
  • In 2021, Christmas Central is ranked 659 out of the top 1000 online retailers and placed 49th in the primary merchandise category of Specialty.
  • In addition to Digital Commerce 360's lists, Christmas Central has been named to Inc. 5000's list of online retailers five times.
  • A leading online U.S. retailer, Christmas Central offers one of the largest online selections of Christmas decorations, home dcor, and outdoor living items.

Silver Jewelry Sales in the United States Showed Resilience and Strength in 2020, and Abundant Optimism for the Category in 2021

Wednesday, March 17, 2021 - 2:16pm

Additionally, 89% of retailers expressed optimism that their silver jewelry sales will continue to grow over the next several years.

Key Points: 
  • Additionally, 89% of retailers expressed optimism that their silver jewelry sales will continue to grow over the next several years.
  • Highlights from the 2020 survey include:
    42% of the jewelry retailers surveyed said their silver jewelry sales increased in 2020.
  • 52% indicated their Holiday 2020 sales of silver jewelry increased over the 2019 holiday season.
  • Surveyed retailers reported their silver jewelry sales, as a percentage of their overall jewelry sales, averaged 34% of their unit volume and 27% of their dollar volume.

Pinduoduo offers uninterrupted grocery services and deliveries during Lunar New Year

Thursday, February 18, 2021 - 1:45pm

Pinduoduo has worked with merchants and logistics providers to stay open and dispatch orders during the weeklong public holiday, which began on Feb. 11.

Key Points: 
  • Pinduoduo has worked with merchants and logistics providers to stay open and dispatch orders during the weeklong public holiday, which began on Feb. 11.
  • An official with China Post estimates that parcel volumes during the holiday period would be double that of last year.
  • Online sales of regional culinary highlights have surged since January as consumers stocked up on their hometown specialties, according to Pinduoduo.
  • For those in their 20s, fitness equipment, pet accessories, and Kindles were among the three favorite purchases during the holiday season, according to Pinduoduo.

January Retail Sales Show Strong Increase Boosted by Stimulus Funds and Momentum from Record Holidays

Wednesday, February 17, 2021 - 3:53pm

Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020s record holiday season carried over into the new year, the National Retail Federation said today.

Key Points: 
  • Retail sales grew sharply in January as government stimulus checks provided a boost and momentum from 2020s record holiday season carried over into the new year, the National Retail Federation said today.
  • There was none of the falloff in spending that we often find post-holiday and the increase was even better than expected.
  • The U.S. Census Bureau today said overall retail sales in January were up 5.3 percent seasonally adjusted from December and up 7.4 percent year-over-year.
  • The National Retail Federation, the worlds largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive.

2020 Analysis on the Emergence of COVID-19 and the Impact on E-Retail - ResearchAndMarkets.com

Wednesday, February 3, 2021 - 3:43pm

The report and survey covered Turkey, Switzerland, South Africa, Russia, South Korea, Italy, Germany, China, and Brazil.

Key Points: 
  • The report and survey covered Turkey, Switzerland, South Africa, Russia, South Korea, Italy, Germany, China, and Brazil.
  • The survey stated that online purchases increased by around 6 to 10% points across considerable product categories.
  • There was a positive impact of holidays such as Thanksgiving and Christmas, which boosted online sales.
  • In the United States, the share of e-commerce in total retail spiked to 16.1% between the initial first quarter and second quarter of 2020.

Paytronix Restaurant Gift Card Report Examines Impact of Pandemic on Gift Card Sales and Redemptions

Wednesday, February 3, 2021 - 2:00pm

The holiday season remained a strong sales period for restaurants and accounted for more than 45% of all 2020 gift card sales.

Key Points: 
  • The holiday season remained a strong sales period for restaurants and accounted for more than 45% of all 2020 gift card sales.
  • Download the Paytronix Annual Restaurant Gift Card Sales Report: 2021
    COVID-19 upended the hospitality industry in March and continued to wreak havoc throughout the rest of the year.
  • The Paytronix Restaurant Gift Card Sales Report identifies several trends in closed-loop restaurant gift card sales and insights into the value of gift card programs in the industry during a turbulent, unprecedented year.
  • It examines gift card sales throughout the year, sales during holiday periods, sales by channel and service type, and redemption profiles.

2020 Holiday Season: One for the Record Books

Monday, February 1, 2021 - 10:12pm

This was not a typical holiday season and it took place amid an unprecedented shopping landscape, Kleinhenz said.

Key Points: 
  • This was not a typical holiday season and it took place amid an unprecedented shopping landscape, Kleinhenz said.
  • When we assembled our 2020 holiday forecast, we knew one scenario was that results could come in high and that sales might exceed the forecast.
  • Household emotions likely played into holiday economic decisions as consumers wanting to offset the anxiety and stress experienced during 2020 spent on gifts to enjoy a better-than-normal holiday, Kleinhenz said.
  • That compared with 14.7 percent growth in 2019 and represented 26.5 percent of total sales during the holiday season.

Bah humbug? Not in Canada, as consumers reach new high in holiday season spending: RBC poll

Monday, February 1, 2021 - 11:00am

Another record was set by those who spent more than intended (25% of all shoppers), going over budget by $588 on average a 28% increase from $459 the previous holiday season.

Key Points: 
  • Another record was set by those who spent more than intended (25% of all shoppers), going over budget by $588 on average a 28% increase from $459 the previous holiday season.
  • The biggest overspenders were in Ontario (29%), followed by residents of Atlantic Canada (27%), Quebec (25%), Saskatchewan and Manitoba (22%), Alberta (20%) and B.C.
  • By age group, Canadians 18 to 34 included the largest percentage of overspenders (38%); by gender, more men overspent than women (27% vs. 23%).
  • Two-thirds (67%) of those who spent more than they planned have yet to pay off their holiday bills.

2020 Holiday eGift Sales Up More Than 80% over 2019 as Retailers Look to Build on Momentum of Digital Growth in 2021

Thursday, January 21, 2021 - 12:30pm

The report's findings come as gift cards look to provide a needed boost for retailers to kick off the new year.

Key Points: 
  • The report's findings come as gift cards look to provide a needed boost for retailers to kick off the new year.
  • "Brands that optimized their eGift and gift card eCommerce experience won this holiday season.
  • Sales data from Blackhawk Network shows eGifts sales were up over 80% as compared to 2019, surpassing the 74% growth sales were hovering at before the holiday season.
  • Gift card category findings are based on 20182020 sales data from Blackhawk Network from over 50,000 merchant locations across the U.S.

NRF Says 2020 Holiday Sales Grew 8.3 Percent Despite Pandemic

Friday, January 15, 2021 - 4:38pm

Retail sales during 2020s November-December holiday season grew an unexpectedly high 8.3 percent over the same period in 2019 to $789.4 billion, exceeding the National Retail Federations holiday forecast despite the economic challenges of the coronavirus pandemic, NRF said today.

Key Points: 
  • Retail sales during 2020s November-December holiday season grew an unexpectedly high 8.3 percent over the same period in 2019 to $789.4 billion, exceeding the National Retail Federations holiday forecast despite the economic challenges of the coronavirus pandemic, NRF said today.
  • Despite unprecedented challenges, consumers and retailers demonstrated incredible resilience this holiday season, NRF President and CEO Matthew Shay said.
  • The 8.3 percent holiday season increase was more than double the 3.5 percent average holiday increase over the previous five years, including 2019s 4 percent gain.
  • NRF had forecast that sales during the 2020 holiday season defined as November 1 through December 31 would increase between 3.6 percent and 5.2 percent over 2019 to a total between $755.3 billion and $766.7 billion.