Black Friday/ Cyber Monday results, Neiman Marcus launches virtual gift finders/curbside Santa, Sephora and Kohl’s partner up. And why China's Double 11 leads the world as a shopping holiday.
55% now buy products online that they previously bought in a store. 66% planning to make fewer shopping trips to malls over next 12 months. 39% will only shop online within the next five years. 40% of respondents said they tried new brands or made purchases with a new retailer. Black Friday visits to stores dropped 52% this year
Through September retail fatalities up 2%. Worst password of 2020 is 123456. Holiday sales to be up 3.6% to 5.2%. 58 million Americans spend $45 billion online shopping while drunk. 7 IoT trends 2020. Black Friday is the busiest day for plumbers.
$74.1 billion China's Double 11 Shopping Festival, Nike $15 million in one minute, 583,000 orders per second, 2.32 billion packages, 73% shift to online permanent, 50% feel safe in standalone stores vs 10% in shopping centers
Saudia Arabia has world's fastest 5G, USA consumers to spend $650 on gifts this year, COVID-19 is the 13th largest historical pandemic, China's Singles Day Preview, Amazon Smart Shelf
Police preparation post election, community policing, and law enforcement technology. Plus self-checkout +17% and other major grocery tech in 2021 and latest retail sectors growth rates. 84% of grocers increased IT spending.
Nearly 3000 shootings and 700 deaths in 20 major USA cities since July 4th Weekend. Strong September retail sales in USA and China. 700 million gifts may not arrive ontime. USA holiday sales up 2% to 3.5%.
Upcoming Election Law Enforcement Preparations, Crime Trends, State of Pandemic, Social Media Censoring, Amazon, Consumer Trends, Holiday Predictions.
1 billion CCTV cameras by 2021. On Average we are on security cameras 238 times per week. Edge computing to grow 460%. Less than 15% of retailers had optimized the shopping journeys now required by COVID-19. In Q2, online sales grew 44.5%. Livestreaming to be $25 billion in USA by 2023.
The COVID-19 pandemic and its impact on the global retail landscape.
On Retail LP's mind with latest stats and risks.
The latest panic shopping. Fashion to contract 27%-30%. Shanghai retail sales up 41% in March vs February.
89% COVID-19 good time ro reflect on what's important. Amazon $10,000 per second. Hermes China $2.7 million on reopening. Need more BREAD
This episode will cover global retail lessons, how COVID-19 affects LP/AP, transformational strategies, and the retail forecast for the rest of 2020. Also included are upcoming LPRC initiatives and the resources the research team will provide to help retailers and practitioners, hosted by Dr. Read Hayes (LPRC), featuring Tony D’onofrio (TD Insights).
On this LPRC CrimeScience #COVID19 Series episode, our new weekly podcast covering the current pandemic, co-hosts Dr. Read, Tony D’onofrio, and Tom Meehan discuss LPRC initiatives, this week’s global economy according to the data, online fraud trends and risks, and remote security infrastructures.