That’s according to Mastercard Spending Pulse, which expects that U.S. retail sales (excluding automotive) will grow 15% on Black Friday (Nov.25) compared to last year. Mastercard SpendingPulse measures in-store and online retail sales across all payment types and is not adjusted for inflation.
NEWS, INSIGHTS AND REPORTS
We regularly curate the latest insights and reports provided by and in collaboration with our partners and stakeholders to create the leading platform for knowledge-sharing and development within the European retail industry. To learn more about how to contribute and take part in our insights, click here.
L’Oréal has announced a partnership with cross game avatar platform Ready Player Me whereby Maybelline New York and L’Oréal Professional have created makeup looks and hair styles for Ready Player Me avatars. The free to use looks can be worn on over 4,000 apps and platforms worldwide such as VRChat and Spatial.
Ottonomy has announced a collaboration with Posten Norge and Holo which will see trials involving first mile delivery automation.
New Burberry chief executive Jonathan Akeroyd has laid out his strategy for the brand, which includes refocusing on ‘Britishness’, growing its accessories business and doubling ecommerce sales. Akeroyd has set a £5 billion long-term sales target
A round up of the retail systems ventures whose funding rounds have been making headlines of late, including Banked, Contentstack, London Dynamics, Attabotics, and ifeel.
Just Eat Takeaway.com is partnering with rapid delivery company Getir across Europe.