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Omnichannel shopping for consumer goods jumps 50% in 2020

by Jaimee Heimer on January 15, 2021 in Shopping News

This year, U.S. omnichannel consumption swelled by 50%, and nearly half of all consumer goods purchases were made via e-commerce, according to new research from Nielsen.

Both food and nonfood products have seen marked shifts in omnichannel shopping since the COVID-19 outbreak in the first quarter of 2020, Chicago-based Nielsen said this week in releasing its latest Omnichannel Shopping Fundamentals survey. For example, the number of shoppers who deem themselves as “heavy” or “exclusive” online shoppers for everyday items jumped 133% from September 2019 to September 2020.

Similarly,

Wauwatosa, Wisconsin mall shooting; eight people hurt

by Jaimee Heimer on January 15, 2021 in Mall

Eight people were shot about 2:50 p.m. Friday at Mayfair Mall, near the northwest entrance to Macy’s, and the shooter is still on the loose. Wauwatosa police tweeted Friday night that their preliminary investigation has led them to believe the “shooting was not a random act, and was the result of an altercation.”The shooter, who was not at the scene when police arrived, is believed to be a white man in his 20s or 30s, Wauwatosa Police Chief Barry Weber said. They are working to determine his identity. It is not known if the shooter was still in the mall … Read More

The Black Friday Clothing Sales You Don’t Want To Miss: J.Crew, Nike & More

by Jaimee Heimer on January 15, 2021 in Clothes Shop

Black Friday clothing sales are in full swing and there are some excellent deals to be had this weekend. Most Black Friday clothing deals are at least 20%, but plenty of retailers are discounting even steeper. Adidas, J.Crew, and Banana Republic are just some of the retailers offering as much as 50% off. So whether you’re looking for new styles to add to your wardrobe, or pieces to give as holiday gifts, there’s bound to be a Black Friday clothing sale or two for you to take advantage of this weekend.

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Stock Market News for Dec 18, 2020

by Jaimee Heimer on January 14, 2021 in Market

Wall Street closed at record high levels on Thursday buoyed by market participants’ expectations for the Congressional approval of a fresh round of fiscal stimulus this year. All the three major stock indexes ended in the green.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) rose 0.5% or 148.83 points to close at 30,303.37, marking its all-time closing high. Notably, 21 components of the 30-stock index ended in the green while 7 in red and 2 remained unchanged. Major gainer of the blue-chip index was Johnson & Johnson JNJ. The stock carries a Zacks Rank #3 (Hold).

Locations to shutter by end of 2020

by Jaimee Heimer on January 14, 2021 in Mall

Consumers are scared to go out and retailers are floundering. Is there a future for the traditional indoor shopping mall?

Wochit

More than two months after Bed Bath & Beyond Inc. announced plans to close 200 of its namesake stores over the next two years, the company has revealed the locations of the first 63 stores that will shutter.

The New Jersey-based home goods retailer – which also operates buybuy Baby, Harmon Face Values and World Market – shared the list of the Bed Bath & Beyond locations closing by the end of 2020 exclusively with USA TODAY Friday.