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Tag: drives

Wayfair shares surge 37% as coronavirus drives sales of office furniture

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares surged more than 37% Monday after the online furniture company said its business is booming, as people furnish their home offices or decorate while they are shut in during the coronavirus pandemic.  Wayfair said in a press release that when it entered March, gross revenue growth …

Wayfair shares surge 37% as coronavirus drives sales of office furnitureRead More

Australian stocks remain in freefall as coronavirus panic drives market down 10% for week | World news

Coronavirus panic has stripped almost 10% from the value of Australian stocks over the past week amid fears the outbreak could dent a global economy already struggling with persistently low growth. Any potential hit to the Australian economy will further deepen damage done by bushfires and floods that have ravaged the east coast in recent …

Australian stocks remain in freefall as coronavirus panic drives market down 10% for week | World newsRead More

Carvana drives forward with ‘car vending machines’

An omnichannel platform for buying and selling used cars is bringing its newest automated order fulfillment location to Florida. Carvana is opening a “car vending machine” in Miami. The structure stands eight stories tall and holds 27 vehicles. The vending machine is designed to offer a fast and convenient pickup option for customers who purchase …

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Survey: Digital research drives strong millennial spending

Millennials are making more major purchases than any other group, but they are doing their research first. According to a new consumer survey from TD Bank, millennials made, on average, nearly four major purchases in the past year, while Gen X and baby boomers combined averaged just 2.8 major purchases during that time. Survey data also …

Survey: Digital research drives strong millennial spendingRead More

Survey: Digital research drives strong millennial spending

Millennials are making more major purchases than any other group, but they are doing their research first. According to a new consumer survey from TD Bank, millennials made, on average, nearly four major purchases in the past year, while Gen X and baby boomers combined averaged just 2.8 major purchases during that time. Survey data also …

Survey: Digital research drives strong millennial spendingRead More

Record Black Friday drives Asos recovery after profit warnings | Business

The online fashion retailer Asos has staged a comeback after a difficult year in which it issued two profit warnings. It credited a record Black Friday for strong sales growth over the festive period. The firm said overall sales grew 20% to £1.1bn in the four months to 31 December, up from the 13% growth …

Record Black Friday drives Asos recovery after profit warnings | BusinessRead More

RetailMeNot: This incentive drives restaurant traffic

One offering can convince food service customers to come in the door, switch from a competitor, or give a second chance.  According to the 2020 Restaurant Marketing Insights guide from online discount platform RetailMeNot, 85% of surveyed consumers say a deal or discount influences where they choose to eat outside of their homes, and 81% …

RetailMeNot: This incentive drives restaurant trafficRead More

RetailMeNot: This incentive drives restaurant traffic

One offering can convince food service customers to come in the door, switch from a competitor, or give a second chance.  According to the 2020 Restaurant Marketing Insights guide from online discount platform RetailMeNot, 85% of surveyed consumers say a deal or discount influences where they choose to eat outside of their homes, and 81% …

RetailMeNot: This incentive drives restaurant trafficRead More

Carvana drives northbound route | Chain Store Age

Get great content like this right in your inbox. Subscribe Carvana is launching as-soon-as-next-day vehicle delivery in Minneapolis. An omnichannel platform for buying and selling used cars, Carvana allows customers to shop more than 15,000 vehicles on its site in as little as 10 minutes, with ability to finance, purchase, trade-in, and schedule as-soon-as-next-day delivery …

Carvana drives northbound route | Chain Store AgeRead More

Study: What drives brand loyalty in personal care?

Get great content like this right in your inbox. Subscribe When consumers select personal care brands, they look beyond price. According to a new survey of over 2,000 U.S. consumers from online marketplace OnBuy.com and Morning Consult, 65% of respondents cited well-made products as a determining factor in their loyalty to a personal care brand. …

Study: What drives brand loyalty in personal care?Read More