Page 193 - Adobe Analytics News Today

Survey says: Returns to skyrocket Ecommerce continues to push higher this holiday season, which has been a boon for merchants and retailers in the digital space. And while physical stores arent busy now, they could become business post-holiday because, according to one report, a number of shoppers say theyll likely return more gifts from the 2020 holiday season than they have in the past. Holiday shopping hasnt fallen off this year because of the pandemic like some early prognosticators believe...

Santa might be late this year. An overwhelmed U.S. Postal Service has been struggling for weeks to deliver packages, veteran employees said, warning that holiday gifts might not arrive by Christmas as tens of thousands of packages pile up inside Philadelphia-area processing facilities. “Don’t be using the post office right now, because we can’t deliver the mail,” said Laurence Love, an assistant clerk craft director who operates mail-sorting machines at the Philadelphia Proc...

01 march 2021 21 december 2020 The diamond industry, which was hit hard at the first stage including due to transport restrictions, suddenly, looks like a beneficiary of the Covid-19 pandemic towards the end of the year. The lifting of strict quarantines triggered a ‘broken-down’ diamond trading mechanism, as the sightholders were able to fly to Antwerp or Moscow to view and buy their goods. At the same time, global travelling is at a very low level due to a sharp increase in the COVID-19...

Former Toys R Us CEO Jerry Storch assesses the state of retail on Maria Bartiromos Wall Street As COVID-19 cases continue to rise across the nation, this holiday season undeniably feels a bit different. Rather than dashing to the stores on Black Friday, a recent study conducted by our firm, PC Matic, found that nearly 60% of consumers are doing most of their holiday shopping online. Even more so, a recent report released by Adobe Analytics projected that online shopping will jump by 33% this ye...

Santa might be late this year. An overwhelmed U.S. Postal Service has been struggling for weeks to deliver packages, veteran employees said, warning that holiday gifts might not arrive by Christmas as tens of thousands of packages pile up inside Philadelphia-area processing facilities. “Don’t be using the post office right now, because we can’t deliver the mail,” said Laurence Love, an assistant clerk craft director who operates mail-sorting machines at the Philadelphia Proc...

US Postal Service, starved for funds, approaches gridlock with 14,000 workers quarantined Portland Main Post Office [Credit: Tony Webster (CC BY-SA 2.0)] The large number of quarantined workers together with the historically unprecedented demand over the November–December holiday season, compounded by decades of deliberate underfunding and mismanagement, has brought the post office to the brink of being completely overwhelmed. The beleaguered US Postal Service, which employs more than 600,000...

Holiday Shopping & COVID Are Keeping The Postal Service Busy An increase in online shopping due to the pandemic has slammed the United States Postal Service this holiday season, in Montana and across the country . Missoula Postmaster Michael Slater says post office staff in Missoula are working hard to keep up with demand, loading packages as early as 6 a.m. and delivering until as late as 9 at night.  "We are seeing almost double what we saw last year, and last year was a record year." He say...

USPS temporary operation in Prince Georges County working to cut down on holiday delays Mounting mail to blame for semi-truck traffic A Prince Georges County neighborhood has been recently overrun with semi-trucks. FOX 5 has learned the operation is bigger than ever and is helping the postal service catch up on delayed deliveries. FORESTVILLE, Md. (FOX 5 DC) - Inside the Marlo Furniture warehouse in Forestville, United States Postal Service workers are hurrying to get a handle on widespread mai...

Ecommerce up nearly 50% YoY Both big brands and small, mom-and-pop merchants are seeing green this holiday season, and its coming from the digital space. According to new Adobe Analytics data year over year ecommerce sales are up by nearly 50% for the first week in December. This despite pricing beginning to inch back up following Black Friday and Thanksgiving weekend sales at many merchants. Because of the higher than usual shopping averages, Adobe is predicting that the ecommerce spend for t...

Impulse shopping usually drives 25% of overall holiday spending, according to The NPD Group. This year, its expected to drive 18% to 20% — a potential loss of $5 billion to $7 billion in sales for the season, the market research firm estimates. Marshal Cohen, chief industry advisor for The NPD Group, said the acceleration of e-commerce sales during the pandemic — which is expected to outlast the global health crisis — will force retailers to confront the riddle of encouraging impulse buys...