Amazon’s first big move at Whole Foods was to lower prices on grocery staples, which risked a drop in revenue if shoppers chose to pocket the savings. Instead, the gamble paid off. Throughout the first week, customers still spent similarly high amounts, and the discounts increased new traffic. Transaction data shows that August 28 outpaced … Continued
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Thinking of cancelling your HBO Now membership now that Game of Thrones is over? You’re not alone. It’s no secret that the show caused HBO viewership to skyrocket, but just how much of HBO Now’s business depends on it? The highly anticipated Season 7 premiered in July, but since HBO Now offers a free introductory … Continued
The pumpkin spice latte may be Starbucks' most popular seasonal drink, but September is not the top month for sales or customer traffic.
Any channel surfer who has quickly clicked past a TV shopping channel may be surprised to learn that QVC’s planned purchase of the Home Shopping Network (HSN) is about to turn these two televised shopping stations into North America’s third biggest online retailer, after Amazon and Walmart. Those two giants may seem to be in … Continued
Online retail giant Amazon made headlines recently by announcing its planned purchase of high-end grocer Whole Foods. The market responded immediately with stock price leaps for both companies, and The New York Times speculated that the acquisition will poise Amazon to better compete with another retail behemoth, Walmart, in the brick-and-mortar marketplace. However, Amazon is … Continued
Examining Grey Card membership growth rates, average customer spend, and purchase frequency.