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27% Of Holiday Shoppers Will Visit Retail Stores On Thanksgiving Day

27% Of Holiday Shoppers Will Visit Retail Stores On Thanksgiving Day

November 26, 2014 | Shopper Experience

Brick-and-mortar stores such as Walmart, Kmart, Target, Best Buy and Sears are opening their doors to the public on Thanksgiving Day, and consumers appear to be taking advantage of this recent trend. More than one fourth (27%) of people shopping during Thanksgiving weekend say they will shop at stores open on Thanksgiving Day, according to the SAS Holiday Shopping Styles Report. The survey of more than 2,000 holiday consumers revealed that 40% of respondents will shop at retail locations on Black Friday, with an additional 14% still on the fence. The number increases for online purchases, wit...

Movers & Shakers

PacSun Hires Former Guess Exec As SVP And CMO

PacSun Hires Former Guess Exec As SVP And CMO

PacSun has hired Amber Fredman-Tarshis to take over as SVP and CMO of the company. Fredman-Tarshis was most recently the CMO at Guess?, and has previously served in executive marketing...

RetailNext Names Former IBM Exec As CMO

RetailNext Names Former IBM Exec As CMO

RetailNext, a provider of in-store analytics solutions, has hired Marc Dietz as its new CMO. Dietz most recently served at IBM, heading its SaaS strategy and marketing efforts during a period...

QVC Promotes Ken O’Brien To SVP Of Merchandising

QVC Promotes Ken O’Brien To SVP Of Merchandising

Video and e-Commerce retailer QVC has promoted Ken O’Brien from VP of Merchandising to SVP of Merchandising. O’Brien will be responsible for developing and executing QVC’s merchandise strategy for all...

Mergers & Acquisitions

Merkle Acquires 500friends

Merkle Acquires 500friends

Merkle, a CRM solution provider, has acquired omnichannel loyalty company 500friends for an undisclosed sum. This is the first acquisition Merkle has made in the loyalty space, and will help...

ChannelAdvisor Acquires E-Tale, Integrates Where To Buy Function

ChannelAdvisor Acquires E-Tale, Integrates Where To Buy Function

ChannelAdvisor has acquired fellow e-Commerce technology provider E-Tale Holdings Limited. Financial terms of the agreement have not been disclosed. As a result of the transaction, E-Tale’s “Where To Buy” functionality...

Brickstream Acquires NOMi

Brickstream Acquires NOMi

Brickstream has acquired fellow location analytics provider NOMi to position itself as a leader in the in-store analytics space. Financial terms of the deal were not disclosed. The combined...

Financial News

Industry Roundup: Q3 2014 Financial Results

Industry Roundup: Q3 2014 Financial Results

Many retailers closed out Q3 of the 2014 fiscal year in the past few weeks, and look to gear up for a lucrative Q4. These companies need to analyze their...

Cardlytics Acquires $70 Million In Funding

Cardlytics Acquires $70 Million In Funding

Cardlytics, a card-linked marketing technology company, has received $70 million in its latest financing round.  The series, which was led by Discovery Capital, brings Cardlytics’ total venture funding to more than...

Zumur Receives $700,000 In Seed Funding

Zumur Receives $700,000 In Seed Funding

Zumur, an online shopping engine, has received the first half of a $1.4 million seed round. The funds will be used to help the company refine the engine for its...