All Posts in #Retail
Amazon Took Microsoft’s Top Spot – Could Other Online Retail Companies Be Next?
This week, Amazon became the world’s most valuable publicly traded U.S. company for the first time, passing tech giant Microsoft which had taken over the top spot in late 2018. Ray Wimer is an assistant professor of retail practice at…
Retail Practice Professor Quoted in Shopping Habits Story
Ray Wimer, assistant professor of retail practice at the Whitman School, was quoted in the Business Insider story “Americans’ shopping habits are fundamentally changing, and it’s killing Cyber Monday.” “Black Friday is really no longer a one-day shopping extravaganza, it…
Is Cyber Monday Still a Thing? Retail Expert Says Its ‘Uniqueness’ Is Disappearing
According to the National Retail Federation, more than 160 million people are expected to shop over the five-day Thanksgiving weekend, with 71 percent of those consumers planning to hit brick-and-mortar and online retailers on Black Friday. Ray Wimer is an…
Mobile Commerce Likely to Grow This Singles’ Day, Sales Expected to Top $25 Billion
With Singles’ Day – a shopping event first introduced by Alibaba 10 years ago – quickly approaching, retailers are gearing up for even more sales during the shopping blitz. Ray Wimer is an assistant professor of retail practice at Syracuse…
Tips, Trends and Predictions for the 2018 Holiday Retail Season
SYRACUSE, N.Y. – With just a few weeks left until the kick-off of the holiday shopping season, which retailers will come out winners and which ones will continue to lag behind? In a recent update, Toys R Us announced that…
With Lack of Investment In New Private Label Brands – Sears Is Done
Sears could only be a few days away from filing bankruptcy, according to recent reports. The parent company, Sears Holdings, faces an October 15 deadline to pay $134 million on its debt. Ray Wimer is an assistant professor of retail…
Parents Back to Physical Stores for Back-to-School Shopping, Retail Expert Says
Ray Wimer, Assistant Professor of Retail Practice at the Whitman School of Management, was quoted in the Morning Consult article “Parents shifting more of their back to school shopping to physical stores.” As the school year approaches, parents said they…
Digital Toy Catalog Makes More Sense for Today’s Retailers
Amazon has announced plans to publish a toy catalog this holiday season, similar to the former Toys “R” Us “Big Book.” According to reports, the Amazon catalog will be mailed to millions across the country and distributed at Whole Foods…
Latest Sears’ Announcement is Really About Private Brand Portfolio
Sears announced today that it plans to close 72 non-profitable stores as “part of ongoing efforts to streamline the company’s operations.” The list of exact stores that will be impacted will be announced later on today. Ray Wimer is an…
Navigating Columbus Day Sales
With Columbus Day right around the corner, many shoppers are gearing up to hit the sales and save some cash. Whitman School of Management Assistant Professor of Retail Practice Ray Wimer, spoke with USA Today about the sales. One way things have…